

BizVal Global founder Graham Stephen on making your business more valuable and sellable.
@Michael Kerr and @Graham Stephen, founder of @BizVal Global, discuss #businessvaluation for small and medium enterprises (SMEs). With "85 to 95% of small businesses not sellable" we discuss the imperative for owners and advisers to understand business value today so they can begin proactively increasing it from tomorrow.
Graham explains why forward-looking valuations are the key to helping business owners make informed decisions.
They explore Graham's journey into entrepreneurship and his fascinating global perspective on business valuation,
Takeaways
- Business valuation is often overlooked until a sale is imminent.
- Many business owners do not understand the true value of their business.
- Regular valuations can help business owners make informed decisions.
- Owner dependency is a critical factor in business valuation.
- Valuation should be a forward-looking process, not just historical.
- Understanding cash profits is more important than revenue figures.
- The compliance aspect of valuation can limit its effectiveness.
- Data accuracy is essential for credible valuations.
- Removing red tape can foster a better environment for SMEs.
- Access to funding is crucial for small business growth.
Chapters
00:00 Introduction to BizVal Global and Its Purpose
02:32 Graham's Journey to Entrepreneurship
05:27 Understanding Business Valuation Importance
08:43 The 85% of Unsellable Businesses
12:13 Global Perspectives on Business Valuation
14:25 Choosing the Right Valuation Approach
18:43 The Valuation Process Explained
21:40 Key Valuation Drivers for Business Owners
24:39 The Role of Accountants in Valuation
27:36 Valuation Multiples and Their Implications
30:39 Understanding Business Valuation: Buyers and Multiples
34:30 The Impact of Business Age and Owner Dependency
38:33 Mitigating Risks: Insurance and Business Preparedness
39:28 Data Sources and Valuation Challenges
43:21 Valuation Process: A Comprehensive Approach
49:23 Valuation Gaps: Realistic Expectations and Deal Structures
52:10 Improving Australia's SME Landscape: Key Recommendations
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Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.
michael.kerr@kerrcapital.com.au
www.ownertoownerpodcast.com.au