Building a business is hard work. For many of us, it takes more tenacity and than we thought we could muster. There are many key factors to understand how to build a profitable business. There's even more to know if you want that business to be marketable someday.
But why would you want to invest all that time and energy without reaping the full benefit?
There is a way.
There is a strategic way to build a profitable and marketable business.
Are you open to learning what other successful business owners have done?
The first step to getting somewhere strategic is learning where you are currently starting from.
The Value Builder Assessment is a free assessment tool that will give you a quantitative look of your business.
The results will show you where to focus your business development efforts strategically, based on data from over 55,000 other small businesses.
100% of business owners will exit their businesses but less than half have an exit strategy in place.
Rather than leave your business exit to chance or even worse, leave it to burden your loved-ones, plan for a profitable exit.
There are commonly only 8 ways to exit a business:
Handing Down to Family Member
Employee Stock Program
Private Equity Buyer
Liquidation of Assets
Public Stock Offering (extreme few)
80% of business value comes from intangible business assets which includes employees, customers, structures and systems. Valuing the business accurately and marketing effectively means looking into the intangibles value.
Do you know what your intangibles are worth?
Do you know how to increase their value?