How long will it take to exit my business? [video]

Posted by James Price | JPAbusiness on 10-Oct-2018 02:00:00

At JPAbusiness we believe five years is a good benchmark to be planning for succession and exit.

In this video I use the example of a JPAbusiness client to show how this forward planning can place your business in the best position for a successful exit, whether that exit comes in the form of a planned sale process or an unexpected purchase offer.

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Topics: Exiting your business, Succession planning, Advice, Video

How to partner with private equity [infographic]

Posted by James Price | JPAbusiness on 19-Sep-2018 02:00:00

Private equity is not for everyone but, in situations where it aligns with your business goals, it can be very effective.

So what do you need to know if you're thinking about seeking private equity investment?

The following infographic provides some private equity basics, for anyone starting out on the PE journey.

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Topics: Private equity, infographic, business advice, growth strategies, growing a business, Succession planning

What is private equity and how can it help my business?

Posted by James Price | JPAbusiness on 19-Sep-2018 02:00:00

In our eBook Partners in Your Business, guest contributor Gareth Banks from Champ Ventures explained how private equity works and what sort of opportunities private equity investors look for.

In this blog Gareth answers the following questions:

  • What is private equity and how does it work?
  • What type of business opportunities does private equity look for?
  • As a business owner, how can I benefit from private equity?
  • As a private equity investor, what affects your appetite to invest?
  • As a business owner, how do I become private equity ready?
  • Where do I go for more information?
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Topics: business advice, Private equity, business management, growth strategies, Succession planning, growing your business

How to make succession part of your business model [cheat sheet]

Posted by James Price | JPAbusiness on 11-Jul-2018 02:00:00

It’s never too early to start thinking about your succession strategy and developing the skills of your team and business capability.

Succession planning is about creating a sustainable business that will continue to operate successfully into the future, whether you stay in the business or not.

The following cheat sheet contains 6 succession strategies you can start employing today.

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Topics: Succession planning, infographic

Free template: Succession planning scorecard

Posted by James Price | JPAbusiness on 06-Jun-2018 02:00:00

As a business owner, it’s never too early to start thinking about your succession strategy and developing the skills of your team and business capability.

Many people think of succession planning as something old people do once they decide to exit their business. This is far from the truth.

Succession planning is a young person’s pathway to building a valuable business. It’s about creating a sustainable business that will continue to operate successfully into the future, whether you stay in the business or not.

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Topics: Succession planning, Selling your business, Advice, Business Value, Valuations, Business advisor, business management

What if I don't want a succession plan?

Posted by James Price | JPAbusiness on 06-Jun-2018 02:00:00

When you think about succession planning and creating a ‘back-up’ for your business, you first need to ask: is it relevant for me?

Some businesses are reliant on the owner almost exclusively and the owner decides that’s how they want it. They are taking the risk, so they prefer to drive, manage and control the business themselves.

There is nothing wrong with that; business succession is not something that needs to be forced on everyone.

However, there are consequences.

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Topics: business advice, Business advisor, Succession planning, running a business, business management

When your kids don't want to take over the business [video]

Posted by James Price | JPAbusiness on 21-Feb-2018 02:00:00

If you assume your children will take over your business and only discover they're not interested when it's time for you to exit, chances are it will hurt more than your feelings.

As I explain in the video below, this situation is also likely to negatively impact your business value on exit.

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Topics: business advice, Family business, Business Value, Succession planning

6 strategies to make succession part of your business model [infographic]

Posted by James Price | JPAbusiness on 16-Aug-2017 04:31:00

It’s never too early to start thinking about your succession strategy and developing the skills of your team and business capability.

Succession planning is about creating a sustainable business that will continue to operate successfully into the future, whether you stay in the business or not.

The following infographic contains 6 succession strategies you can start employing today. Adopting these strategies will help future proof your business for when and if you decide to take up an exit opportunity, or relinquish operational involvement in your business.

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Topics: Succession planning, infographic

How do I create a succession plan? [Client case study]

Posted by James Price | JPAbusiness on 24-May-2017 05:06:00

People often confuse the practice of business ‘succession planning’ with ‘retirement planning’.

They are, of course, very different concepts.

Succession planning is a valuable activity for any business, at any stage, regardless of whether the owner is considering retiring, selling or staying with the business for many years to come.

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Topics: Succession planning, Selling your business, Business Value, Valuations

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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