We often find money sitting in the wrong place i.e. not in business bank accounts. There are quite a few places it can be.
Exit Planning is a big job. If you want to get the best value when you sell your business and a smooth handover to new owners it needs serious planning and implementation.
We had a client recently who sold their business for about double what they thought it was worth. When we first began conversation with them they were exhausted and ready to exit the business.
Due Diligence is analysis that is performed by someone looking to buy a business. It delves into just about every aspect of the business with particular focus on financial results.
The sad fact is that most business owners overvalue their business, due to their emotional, time and money investment over sometimes many years.