Introduction
Key features & benefits
Recent Client Comments
Locations, costs
& application:
- Victoria & South Australia

If you are at a stage in life where you want to sell your business, pass it on or see what it is really worth, then read on!

The One Day Succession Plan process allows you to do one or all of these options, with some pre-worked analysis followed by a one day intensive session.

Option #1: Sell the Business

If you want to sell your business we will help you to prepare a Sales Memorandum that spells out exactly why you should be paid a price that the business really deserves.

This involves a pre-work analysis with you that includes:

a customer survey to get the positive comments from customers to put into your Sales Memorandum
analysis of your P&L and Balance Sheet from the last three years to identify how your business compares to its industry benchmarks
an estimated business valuation based on its net assets and future maintainable earnings
information on your industry, competitors and your assets

Then, in a one day session, we help you to prepare the Sale Memorandum which gives you a rationale for why this is a great business to buy and provides the detailed analysis to justify the price that you want.

The Sale Memorandum includes:

An Executive Summary that can be used as a short description given to interested buyers regarding what is for sale, why it is a good buy and the sale price
An Industry Analysis that explains the growth potential in the sector
A Background and History of your enterprise
A Product/Market Matrix showing what level of sales you get from each of your customer groups
An Organisational Chart
The Tangible and Non-Tangible Assets
Competitor Analysis and your Competitive Advantage
Risk Management
Financial Statements and 3 year forward Budgets
Sale Offer and Terms
Rationale for Sale Price
Appendices

Option #2: Prepare to Hand-over to a Successor/Family Member

If you want to prepare your business to hand-on to a successor and/or prepare yourself for retirement or slowing down, we will help you to write a Succession Plan that sets out what YOU need to do to get the business ready for hand-over to your successor.

This involves a pre-work analysis with you that includes:

analysis of your P&L and Balance Sheet from the last three years to identify how your business compares to its industry benchmarks
gathering your personal financial information to predict your future income and expenses after you hand-over
a customer survey to get the comments from customers regarding strengths and weaknesses of the business
an assessment survey of how ready the business and you are to hand-over

Then, in a one day session, we help you to prepare the Succession Plan, which includes:

Your personal strengths and weaknesses regarding succession
An indicative valuation of the business and its financial performance
The strengths and weaknesses of the business from an organisation, customer and financial perspective
A detailed SWOT (strengths, weaknesses, opportunities and threats) analysis
Personal and Business goals for the future
Action Plans to get you - and the business - ready for the big changes ahead.

Participants will receive $1,000 worth of customer research, $500 worth of software and plan templates, the business support of three succession experts (worth $2,000) and a completed succession plan, sale document and three year budget for just $900 + GST which is payable over 3 months.

This program is fully guaranteed. At this stage, only 85 funded places remain across Victoria and Adelaide.

Read what recent clients have to say about the process.

Now, find out about the key features and benefits