Why you’ll probably end up selling your business for less than it’s worth [VIDEO]

March 29, 2012 | By Jen Storey

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Ok, this is an ad for a business called Start Your Earn Out Now, but it contains some very interesting statistics about Australian businesses. Or more to the point, selling your business.
How long do you think it will take to sell your business? A few months? Maybe a year? According to Rufus Partners, it’s 6 years. And the news gets better. According to their research 95% of businesses can’t sell or sell below what they are worth.
So if you are planning on selling your business, the key point is that you need a plan. Just like you need a strategy to run and grow your business, you need to put thought into your exit.
All this food for thought is making me hungry.

What’s your earn out?

Start Your Earn-Out Now from the Rufus Partnership Pty Ltd on Vimeo.

Start Your Earn-Out Now (SYEON) has been launched by the Rufus Partnership to ensure Australian business owners achieve a successful sale when 95% of businesses either can’t sell, or sell for less than they’re worth.

SYEON uses a unique hands-on approach,which involves the Rufus Partnership working with you in your business to implement a process that delivers a solution to maximise sale value.

The process positions a business for sale, whether this sale is by choice or forced and, when combined with correct timing, aims to ensure the business is part of the 5% minority which actually achieves maximum value.

Ref;anthillonline


Start Your Earn-Out Now from the Rufus Partnership Pty Ltd on Vimeo.



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