
Business
Who does the selling inside your business? If you’re involved, your business will be less valuable than if you weren’t. Investors and acquirers are reluctant to invest in a business where the owner is the rainmaker of the company.
In analyzing more than 70,000 businesses, the data revealed that companies that can sustain a three-month absence of the owner are more than twice as likely to receive a premium acquisition offer (defined as greater than 6x pre-tax profit). In other words, to maximize the value of your business, you need to get other people doing the selling.
Keep in mind that a great selling proposition includes three elements. It must be something that:
Arm your salespeople with a compelling point of differentiation, and you’ll have given them the raw material they need to sell without you, making your business more valuable in the process.
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Want to know how to increase YOUR company value by 71%? Complete the free assessment for your value builder score, https://score.valuebuildersystem.com/significant-business-results-llc/franne-mcneal.
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Franne McNeal, MBA Significant Business Results, LLC Significant GPS Small Business Growth Services
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