#businesssell

[simplegrowmarketing]

How to sell anything to anyone? Here is the truth about business strategy marketing; you can’t sell anything to anyone, but you can find who you want to sell to, and it depends on your product or service; you can sell by strategy and target audience. The idea behind any sale of marketing strategy is goal and strategy. In marketing strategy question is the key. - Who do you want to sell to? - How old are they? - Where are they located? - What’s their budget? 🔥 More questions are getting you closer to your goal. Follow me for daily tips: @simplegrowmarketing 📌Website: www.Simplegrowmarketing.com Hashtags: #simplegrowmarketing #marketingstrategytips #digitalmarketing101 #digitalmarketingtips2022 #digitalmarketingtipsandtricks #digitalmarketingtricks #learndigitalmarketing #digitalmarketingstrategi #marketingstrategy101 #marketingstrategie #businessstrategycoach #howtosell #howtosellanythingtoanyone #businesssell #businesstipoftheday #keyquestions (at United States) https://www.instagram.com/p/Ck77AZntHpP/?igshid=NGJjMDIxMWI=

[galandpercival]

Selling your business doesn't have to be complicated. First Choice Business Brokers simplifies the process for you. 🔄 Choose us for a smooth transaction.

[businessbudgie]

Looking to Sell Your Business at the Best Price? Contact Business Budgie for more details. BusinessBudgie.com.au #australianbusiness #businessbuyer #perthbusinessnetwork #businessforsale #businessseller #perthisok #perthnow #sellmybusiness #australia #westernaustralia #magazine_of_australia #followforfollowing #businesssales (at Perth, Western Australia) https://www.instagram.com/p/Ci7RB_upnd-/?igshid=NGJjMDIxMWI=

[healthandwealthonline]

How to Make Money on Twitch: The Ultimate Guide (2024) - Shopify

Start your businessBuild your brandCreate your websiteOnline store editorCustomize your storeStore themesFind business appsShopify app storeOwn your site domainDomains & hostingExplore free business toolsTools to run your businessSell your productsSell online or in personCheck out customersWorld-class checkoutSell onlineGrow your business onlineSell across channelsReach millions of shoppers and…

[nextbestexit]

Navigating the Path to Successfully Sell Your Home Health Care Business

Are you considering selling a home health care business? At Next Best Exit, we understand the importance of a smooth and profitable transition. Our latest blog post serves as your guide, providing valuable insights on how to navigate the process effectively.

Selling a home health care business involves a unique set of challenges and opportunities. In our comprehensive post, we break down the steps to ensure a seamless transition. From evaluating the market value of your business to identifying potential buyers, we cover the essentials to maximize your return on investment.

Explore key strategies for marketing your home health care business and positioning it for a successful sale. We delve into the intricacies of financial documentation, emphasizing the significance of presenting a compelling case to potential buyers. Our experts at Next Best Exit are here to empower you with the knowledge needed to make informed decisions throughout the selling process. Visit our website here to learn more about our commitment to guiding entrepreneurs like you. Embark on the journey to selling your home health care business with confidence and expertise. #BusinessSelling #HomeHealthCare #NextBestExit

[gpsdoubleyourvalue]

3 Things to Consider When You Hit “The Freedom Point”

When was the last time you calculated the percentage of your net worth tied to your company’s value?

When you started your business, its value was probably negligible. Unless you purchased or inherited your company, it wasn’t worth much when you opened your doors, but over time, the proportion of your assets tied to your business may have crept up.

Let’s imagine a hypothetical business owner named Tim, who starts his company at age 30. He has a little bit of equity in his first home and a small retirement fund. When he starts his business, it’s worthless, so it doesn’t yet factor into Tim’s net worth calculation.

By the age of 50, Tim has built up $600,000 worth of equity in his home, his retirement nest egg has grown to $400,000, and his business has blossomed and is now worth $4,000,000. Tim’s company has crept up to represent 80% of his net worth.

Tim knows the first rule of investing is to diversify, which he is careful to do with his retirement account. Still, he has failed to achieve overall diversity given the success of his business.

What’s more, he may have unknowingly passed something called “The Freedom Point,” which is when the net proceeds (i.e., after taxes and expenses) of selling his business would garner enough money for him to live comfortably for the rest of his life. Your lifestyle determines your Freedom Point, but when you pass it, it’s worth considering the risk you’re taking.

If this pandemic has taught us anything, it is that nothing is for sure, and a thriving business one day can turn into a struggling company overnight. When your business makes up most of your net worth and selling it would garner enough money to retire, there’s no financial reason to continue owning your business. You may enjoy the challenge, the social interactions, and the creative process of building a business, but keeping it may be unnecessarily risky.

When you’ve crested the Freedom Point and want to diversity—but still don’t want to retire—you have some options:

Sell a Minority Stake: In a minority recapitalization, you sell less than half of your shares. Often sold to a financial investor such as a private equity group, a minority recapitalization allows you to diversify your net worth while continuing to control your business.

Sell a Majority Stake: In a majority recapitalization, you sell more than half of your shares to an investor who will most likely ask you to continue to run your business for many years to come. You get to diversity your wealth, keep some equity in your business for when the investor sells, and continue to run your company.

Earn-Out: When you sell your company, you’ll likely have to agree to a transition period of sorts. One of the most popular is called an earn-out, where you agree to continue to run your company as a division of your acquirers’ business for a specified period of time. Your earn-out may be as little as a year or as long as seven, but the average is three years. Therefore, if you’re past the Freedom Point and can see yourself wanting to step down in the next three to five years, an earn-out may be worth considering.

Building a successful business is rewarding, but when your personal balance sheet gets out of whack, it may be worth considering the risk you’re shouldering and the options you have for sharing some of it.

Tagged business brokersell my businesssell my company

[beyourownuk]

5 Questions To Ask Yourself Before Selling Your Business

5 Questions To Ask Yourself Before Selling Your Business #BEYOUROWN #SME #Businessselling #IPO

With the business environment continually changing, businesses may often find different reasons to sell up. However, it’s important to have the right skills and expertise to ensure a smooth transaction. Here, we spoke to Matthew Hayes, managing director at Champions (UK) plc, and got his insight on the five questions he would ask himself when selling a business.  Does your business stand out? In…

[businesshunters]

Getting Ready to Sell Your Business

Selling your business starts with questions. Is your business ready for sale? Would the business attract the right type of buyer? Am I emotionally ready to sell the business? What is the value of my business? What is the process in selling my business?  How do I protect the confidentiality of the sale? Would I receive a fair market value for my business? You and thousands of other potential business sellers struggle with these questions annually when they consider selling their business.

[allmystuff]

Weight Loss Business: Best Weight Loss Product Business Opportunity

[evolutionvadvisory-blog]

FINANCIAL MANAGEMENT FUNDAMENTALS FOR SMALL BUSINESSES

According to a research undertaken by Reckon (the well-known software developer), financial management is one of the biggest concerns of small business owners across the United States of America.

Approximately 59% of small businesses asked experts at Reckon to assist them in learning about Financial Management and understanding the importance of financial literacy.

This article will help you in understanding the fundamentals of financial management.

Our experts at Evolution Ventures, a financial management company based out of Michigan, USA have shared a few points that can help you with Financial Management for your business.

Business Plan

Before we can start working on a financial management plan, it is very important to strategize a long-term strategy for your business including things like financial targets, budgets, profits and loss forecasts, etc. This can help you in understanding the cash flow of your business.

Do you have an effective Book-Keeping?

Data analysis is important for any type of business, especially in the financial world, that’s why having a good book-keeping practice is incredibly important.

The fact is that money is the lifeblood of business. It is very important to keep track of all the inflows and outflows to understand from where you are earning and where you are spending.

Good bookkeeping will also ensure that you are submitting accurate and detailed records for taxation purposes.

Check: business for sale in Michigan

Do you understand your cash flow?

We place a lot of emphasis on cash flow. If you understand your income and expenses, you will be able to know whether your business is actually making profit or not.

If you are part of the retail industry, then you understand the importance of stock audit. If you know your cash flow, you will be able to point out how much equity you have invested in your stock.

Being familiar with your cash flow will help you know about the natural peaks and troughs of your business.

Check:  Small business brokers in Michigan

When and How to seek professional help?

If you are uncomfortable with dealing in numbers then you should definitely seek help from a professional who can guide you in the process of financial management.

Our Financial Management experts at Evolution Ventures can help you. We are a financial management company based out of Michigan which also offers CFO services. Our team has a vast experience in working will small and medium-sized businesses as well as startups.

Apart from offering financial management consulting, we also provide brokerage and marketing services.

Contact us today for financial management consulting for your business today.

[topicprinter]

Hi /r/Entrepreneur friends -After years of being a Wantrepreneur, I finally decided to commit to an idea and pursue a single business for at least 6 months straight. My belief was that I would benefit much more from the lessons learned working on a sustained commitment (even if it was a "bad" idea) than I would from a continuing to search for the "perfect" idea. This is a side project I do in addition to a full time job. My goal is to turn this into a viable second income stream or a "Muse" business that provides decent monthly income (call it $3k profit / month) with limited input (call it <10 hours / week) that allows me to pursue other ideas with greater freedom.​Candidly, I am not passionate about the product or the business. Because my product solves a niche problem that's somewhat embarrassing for users to talk about, I do not see a lot of potential to engage with users and/or build a community. I'm struggling with whether I should close up shop on July 1st (fulfilling my commitment to myself) and apply the lessons learned to a new business idea I care more about, or invest more time and resources into this project to turn it into a fully-fledged income stream. The foundation seems to be there, as it is already profitable and the 100 customers / $2000 in revenue has come from minimal marketing effort/spend.​My questions to you all:Is it worth it to pursue a business you're not passionate about in order to provide the income to provide added personal financial stability and pursue more meaningful projects?Is there enough success thus far to make you confident in "doubling down" and attempting to grow sales the 10-20x to provide a substantial second income stream? Has this achieved Product-Market fit?What would be the next several steps you would pursue to ensure Product-Market fit and grow sales 10x?​Key Background Facts:Opened store and began advertising January 1st, 2019Since launch, I spend about 1-2 hours / week fulfilling orders and 2-3 hours / week working on the businessSell an original cosmetic/personal hygiene product that's positioned to solve a niche problemSell exclusively online via Shopify websiteOnly advertising channel thus far has been Google Ads. I spend $5/day on search ads and $5/day on remarketing ads to customers who've visited the website.Averaging 5-10 orders and $100-200 / week for the past 2 monthsCOGS is about 20% of the sale price.Profitable for the past 2 months​TL;DR: My objective is to build a "Muse" business that provides enough income to travel / pursue other projects with more freedom. I'm not in love with my business, but there are enough early indicators of success that I'm wondering if I should just push through and grow it to my Target Monthly Income number.

[simplegrowmarketing]

How to sell anything to anyone? Here is the truth about business strategy marketing; you can’t sell anything to anyone, but you can find who you want to sell to, and it depends on your product or service; you can sell by strategy and target audience. The idea behind any sale of marketing strategy is goal and strategy. In marketing strategy question is the key. - Who do you want to sell to? - How old are they? - Where are they located? - What’s their budget? 🔥 More questions are getting you closer to your goal. Follow me for daily tips: @simplegrowmarketing 📌Website: www.Simplegrowmarketing.com Hashtags: #simplegrowmarketing #marketingstrategytips #digitalmarketing101 #digitalmarketingtips2022 #digitalmarketingtipsandtricks #digitalmarketingtricks #learndigitalmarketing #digitalmarketingstrategi #marketingstrategy101 #marketingstrategie #businessstrategycoach #howtosell #howtosellanythingtoanyone #businesssell #businesstipoftheday (at United States) https://www.instagram.com/p/Ck73IgGty0I/?igshid=NGJjMDIxMWI=

[sanfranbaycraigslistfraudblog]

Live *AD* Posting Boosts Your Business (AD*POSTING)

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[kakvarley]

It takes 6 to 12+months to #sellabusiness so plan ahead & understand what's involved. #smallbiz #b2b #biztips #businessselling

[healthandwealthonline]

64 Small Business Ideas for Extra Income in 2024 - Shopify

Start your businessBuild your brandCreate your websiteOnline store editorCustomize your storeStore themesFind business appsShopify app storeOwn your site domainDomains & hostingExplore free business toolsTools to run your businessSell your productsSell online or in personCheck out customersWorld-class checkoutSell onlineGrow your business onlineSell across channelsReach millions of shoppers and…

[smallbusinessloans1]

RT https://t.co/D90LMjQiPa When it comes to #businessselling we provide the professional se… https://t.co/GrrG6KTL49

#SmallBusinessCapital RT https://t.co/D90LMjQiPa When it comes to #businessselling we provide the professional se… https://t.co/GrrG6KTL49

— Small Business Loans (@BusinessLoans8) May 8, 2017

Source: @BusinessLoans8 May 08, 2017 at 04:02PM More info at smallbusinesscapital.ca