Google search describes an exit strategy as:
“A business exit strategy is an entrepreneur's strategic plan to sell his or her ownership in a company to investors or another company. An exit strategy gives a business owner a way to reduce or liquidate his stake in a business and, if the business is successful, make a substantial profit.”
In actual fact, an exit strategy can often begin long before an exit date has been decided. It assists with aligning the business owners mind to changing their working practices, strategies, which allows the company to operate at full optimisation. This then attracts relevant interested parties by showing all the benefits of the company, not just a healthy bottom line.
I have been involved working with business owners creating exit strategies and information memorandums for nearly 10 years, successfully completing a business sale which benefits both parties. If you would like to discuss what can be done for your company, please get in touch.
Business Optimisation can mean different things to different companies. Regardless whether your business works to a flow chart of processes, data management, logistics etc optimising the business to adapt new processes and procedures can have an immediate effect on the operation.
Lean process is simply, reviewing a company and its working practice, then reviewing what elements can be adapted, removed or indeed included, to assist with a more efficient running of the business. Common sense I hear you say? Well, to a certain point yes. However, in the day-to-day running of any business, customers, staff, meetings etc can easily distract the mind. I can support and assist you to look into the business from the outside and view with clarity from the daily distractions.
There have been many business owners I have worked with over the years who haven’t been aware that business development and marketing of their business is an ongoing necessity.
Be it competition advancing their strategy to market, customer tastes changing, utilising new media routes to market or just a fresh look at the business. I work with clients to remove the time restraints of general business development and marketing such as: