Profitable and Worth Nothing

“So my accountant tells me companies in my industry go for 8x the net.? That means I can probably retire in the next 12-18 months.

I’m profitable and the business has treated me well..

Heck paid for my three kids and their schooling

So tell me how much do you think I’ll get for it?”

“Most likely nothing…” I answered..

“You are profitable that is true… but here is what’s killing any chance of selling your business:

1.??????? Most of your business comes from 1 or 2 clients..? so that is too much power concentrated in their hands

2.??????? You are personally responsible for the majority of the leads and sales.? You need to step back.

3.??????? The business is profitable but looks like you have hit your ceiling.. don’t see a real growth potential here.

4.??????? You don’t track your customers so no idea who is purchasing what, how frequently and how you can build a passionate segment who buy repeatedly and want to tell others about you.

5.??????? Everyone has to come to you for most of the decisions. You don’t have a qualified and empowered team to handle the day to day so you focus on growing the business.

Moe looked like he was hit by a truck…

“How long will it take me to sort this all out?”

“Might take 3 years or longer..?? do you have the patience to do it?”

“My wife and kids don’t…. I’ve been promising them that I’m done by Christmas 2025 and we are even planning the holiday..? now I have to tell them that plan’s off…

“So where do we start?”

--

Moe has scheduled to do a business value assessment with me as I take him through the factors that help determine if his business has value outside of a pay cheque or not.?

You can schedule to do the same by clicking on this link and booking a free 30 minute session where I help you answer the questions to produce your free 29 page report and value estimate.

P.S. I work with overworked and frustrated business owners who looked for help but received just empty promises and no results.

That's when they find me. I guide them on exactly how to invest their time and money to transform their business and get the life they want.

Instead of just ideas and tactics, we discover together actionable insights that can be easily implemented to generate more money, make the business more valuable and position you to capture these life-changing opportunities.

But don't take my word for it. Find out more by clicking my LinkTree to check out my different services and resources.