Scale Up With Nick Bradley 15 Minutes To Action - 6 Insights To Consider When Buying And Selling Businesses
In this week’s edition of ’15 Minutes To Action’, Nick talks through the sometimes mystifying subject of how to best buy and sell a business. it’s a question he’s asked often, and so in this show, Nick shares with you the six insights that have taken him to the top of his game over the past fifteen years.
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
https://highvalueexit.scoreapp.com/
KEY TAKEAWAYS
- In the world of business acquisition there are currently two dynamics:
- Business owners who have been successful over the past decades, but who are reluctant to commit to another period of having to provide strength and growth.
- Businesses who are looking at acquisition in a much more focussed and strategic way, and who see the value in quickly scaling through acquiring a client base.
- If you’re selling a business, you need to make sure your areas of due diligence are working well, and if you’re buying you need to make sure there are no skeletons in the closet that will decrease potential value.
- Make sure you use your data in a very powerful way. Consider systems and metrics early, as you’ll be surprised later on, by how difficult it is to work without it when you need it. Keep records, implement systems and keep on top of it.
- You must manage the way in which you influence and negotiate all the way through a sales process. It’s case of framing. Remember that a deal isn’t done until the agreements have been finalised. The really hard work comes in the validation process.
BEST MOMENTS
’The world we know is not going to back to the way it was’
‘Pace and scale are important’
‘Have the discipline and the metrics lined up!’
‘You’ve got to be strong. You’ve got to be able to stay true to what you’ve created'
VALUABLE RESOURCES
Scale Up Your Business – scaleup.vip/podcast
Join the free Scale Up Your Business community: scaleup.vip/community
Take the Six Peaks of Value Creation Scorecard, to measure your current business performance and show you where to focus to get to where you want to be: https://scaleup.vip/sixpeaks
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally.
Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Work with Nick: https://highvalueexit.com
Nick’s Facebook page: https://highvalueexit.com/fb
Nick’s LinkedIn: https://highvalueexit.com/li
Nick’s Instagram: https://highvalueexit.com/ig