Succession Planing
EFFECTIVE PLANNING
Succession Planning for your Utah Business
At Utah Business Consultants, our Succession Planning Process has been validated and incorporates your specific goals for selling your business. We ensure that your objectives are aligned with the expertise and guidance of both present and future advisors.
THE THREE GOALS OF BUSINESS SUCCESSION:
Your Succession Plan will rest on three owner-established, fundamental goals:
When you want to sell or cut back significantly on your day-to-day operations.
How much money you want when you sell.
Who you want to sell the business to.
Where you are is as important as where you want to go. This step determines what you have so you know what your business is worth.
VALUE DRIVERS
What features or characteristics are necessary to make your business saleable and valuable? These specific "Value Drivers" either reduce the risk associated with owning the business or enhance the prospects that the business will grow significantly in the future.
Our team at Utah Business Consultants identifies and evaluates the key factors that contribute to the overall value of your business. These value drivers encompass various aspects such as operational efficiency, competitive advantage, strong customer base, robust financial performance, intellectual property, effective management team, scalable business model, established market presence, and sustainable revenue streams.
By thoroughly analyzing and enhancing these value drivers, we ensure that your business stands out in the market, attracts potential buyers, and commands a premium valuation. Our expertise and guidance empower you to maximize the value of your business and achieve your desired objectives in the sale process.
Our team at Utah Business Consultants identifies and evaluates the key factors that contribute to the overall value of your business. These value drivers encompass various aspects such as operational efficiency, competitive advantage, strong customer base, robust financial performance, intellectual property, effective management team, scalable business model, established market presence, and sustainable revenue streams.
By thoroughly analyzing and enhancing these value drivers, we ensure that your business stands out in the market, attracts potential buyers, and commands a premium valuation. Our expertise and guidance empower you to maximize the value of your business and achieve your desired objectives in the sale process.
Contact us
Let's talk about what Utah business consultants can do for you.
If you are looking to transition your business to a new owner, it is best that you entrust this crucial process to us. You can rely on our professional team of business brokers to put deals together and make sure that you receive the maximum value for your business. Get in touch with us today to request a no-cost consultation.