Bulletproof Entrepreneur S03E13 - How to increase the value of your business 12x and get ‘exit ready’ - Business Mentor of the Year, Christine Nicholson.
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Feb 22, 2024 Christine Nicholson, the Business Mentor of the Year, shares her journey from leaving school at 16 to becoming a successful entrepreneur. She reveals shocking stats—90% of SMEs are unsellable—and emphasizes the importance of early exit planning. Christine discusses strategies that helped a business boost its sale value by 12x in under two years. She also highlights the significance of having the right team and offers free tools for aspiring entrepreneurs to enhance their business value and prepare for a successful exit.
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Exit Market Is Brutally Inefficient
- 90% of SMEs are unsellable and half close for zero value.
- Only one in 2,000 sell for full market value, Alan Smith relays Christine Nicholson's data.
Built Care Homes By Reading The Rulebook
- Christine entered care homes by reading new regulations like a rulebook.
- She used that clarity to build a scalable, bank-funded care-home business.
Good Business Plans Unlock Bank Loans
- Write honest, detailed business plans to win bank backing.
- Christine Nicholson: a 15-page clear plan convinced bankers to fund expansion.
