Advanced Business Practices Toolkit
Best Practice - Business Valuation Overview
This overview covers the difference between Business Appraisals and Estimated Business Valuations and which may be right for you. This asset also covers the necessary requirements and various approaches to take into consideration when completing a business valuation.
Best Practice - Exit Strategy Checklist
This Exit Strategy Checklist has everything you need in order to begin the process of parting from your business. There are several important steps required to make the process as smooth as possible, such as the method of exiting, choosing an asking price, and how and where to sell, all of which are detailed here.
Slides for all Videos in this Toolkit
Want to access and review the slides of the Advanced Business Practices Toolkit videos? You can download them here to review and access at your convenience.
Template - Business Strategy
Utilizing this Business Strategy Template will help you organize and better understand your business' operating environment, trends, accomplishments, and value. This checklist also gives you examples of how to pursue business opportunities in the future.
Template - Growth Drivers
This asset provides a template to help you track and plan your company's growth over the coming fiscal years
Template - Turnkey Company
This Turnkey Company Template lets you map out the maturity of your business. Additionally, you can map actions you can take to further develop your business.
Video #1 Getting Started in Advanced Business
Get started learning to grow and sustain your business and establish shareholder value with this overview video. This introduction asset is vital for any automation firm owner looking to start understanding strategies for business, growth, and eventual exit.
Video #2 Strategic Planning
Developing a strategic plan for your company is crucial for success and maturing your business. This Strategic Planning Guide is an in-depth framework for strategic planning, allowing you to take your business to the next level.
Video #3 Self Sustaining Strategy
This video will help you ensure that your company has a sustainable, turnkey operation, independent of ownership. Whether you're selling your business, passing it to family, or pursuing a joint venture, you'll want to keep your business lucrative and attractive.
Video #4 Growth Drivers
This video focuses on the proper metrics and tools for you to understand and build a proper growth strategy for your business. By learning how to target certain growth metrics, you'll be able to start planning and visualizing your business' growth for the future.
Video #5 Partnership Models for Growth
This video will guide you on how to make beneficial partnership choices that help grow your business without taking control away from you. There are certain opportunities you may be interested in that aren't available without a partnership, learning how to make educated partnership decisions will help you grow your business in new ways.
Video #6 Exit Strategy Overview
Parting from your business may be a daunting task, but there are strategies to ensure that your business is in safe hands after your departure. This video will help you start planning your eventual exit, and how to keep the business running smoothly after your departure.
Video #7 The Basics of Being Acquired
This video will cover the basics of having your business acquired, including what to take into account when considering buyers. By learning what other companies seek, you'll be able to get the highest possible price for your business.
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