exit slides

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WHY IS THIS SO IMPORTANT

Transcript of exit slides

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WHY IS THIS SO IMPORTANT

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99% OF BUSINESSES ARE NOT SELLABLE

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"For every small business owner who creates a business that

someone will buy, there are about a hundred

business that do not sell."

– John Warrillow, Built to Sell

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NOT SELLABLE = JOB

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JOB =TIME FOR $

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BUT… I DON’T WANT TO SELL

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1. SELLABILITY = FINANCIAL FREEDOM

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2. MARKET CLIMATE

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…could have a ripple effect throughout the [..] economy via reduced productivity, job losses, premature sales and

increased bankruptcy rates…”

– CIBC World Market

“half of all small- and medium-sized businesses [..] are set to retire over the next decade…

Source: canadianbusiness.com; huffingtonpost.com

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Source: inc.com; huffingtonpost.com

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http://www.inc.com/magazine/20080401/the-most-valuable-companies-in-america.html

http://www.forbes.com/sites/sageworks/2015/02/23/3-mistakes-that-can-prevent-you-from-selling-your-business/

http://www.huffingtonpost.ca/2012/11/13/retiring-small-business-owners-risk-canada-economy_n_2121389.html

http://www.bmo.com/pdf/mf/prospectus/en/Retirement_Strategies_Small_Business_Ownership.pdf

OVERWHELMING EVIDENCE:

Built to Sell, John Warrillow

http://blog.genequityco.com/bid/70298/Baby-Boomer-Business-Owners-and-the-Importance-of-Exit-Planning

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HOW WE BUILD BUSINESSES…

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HOW WE BUILD BUSINESSES… ISN'T WORKING.

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WHY?

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SERVICE BUSINESS1. Develop skill 2. Develop service 3. Develop business asset!


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