Blog & Resources
You mean this is all I get for working 20 years?
Despite all of their hard work over many years, most business owners only find out at sale time, that their business is not worth nearly as much as they thought - if it can even be sold at all.
We see business owners make the same mistake over and over again - to unintentionally devalue their business.
You may not have thought about this, but the amount you will be able to sell your business for will usually depend on the prior 2, 3 possibly 4 years of Financial Statements.
If your main objective in those years has been to Save Tax, this will be reflected in those Financial Statements and will mean your business will be valued *lower*.
How might you better prepare your business to sell?
We’ve put together a Complimentary Mini-Course that we call “Rich Exit, Poor Exit”.
Inside you’ll find:
Rich Exit, Poor Exit Ebook [PDF],
6 ‘Over the shoulder’ Tax Planning vs Business Value Video Walkthroughs, and
DIY Rich Exit, Poor Exit Google Sheet
Become part of the 7% of Business Owners whose business is worth $1m or more (whether you choose to sell your business or not).
Click here to learn more:
* Quote from Denise Hall of Xcllusive Business Sales
#accounting #tax #eofy