Maximise The Value of Your Business
Speakers: Craig West - Succession Plus
Steven Kay - Business Coaching Centre
In the first session with Craig, you will learn the stategies, structures and procedures to ensure the long term value of your business is retained. You will also understand the options available to you in terms fo strategically planning the sale of your business. And, even if you plan to be in business for another 10 years, now is the time to put your succession plan in place.
Most owners go into business to build their equity value and sell........ unfortunately many never get there.
Craig West is a strategic accountant who has built a SPECIALISED ADVISORY PRACTICE focused on small business owners to help them face the four key strategic issues that SME’s face as they grow – Raising Capital, Building Equity, Protecting that equity and extracting the value you have built when you exit.
Craig is a CPA and has been advising businesses in management, taxation and accounting issues for over 15 years. He specialises in business structuring and succession planning and has had extensive experience working with clients to improve their financial performance –with proven results.
Craig has conducted numerous seminars and presentations throughout Australia for Department of Industry, Tourism and Resources, MLC, L J Hooker, the NSW Department of State & Regional Development, NSW Chamber of Commerce and CPA Australia.
Craig acts as a strategic business and financial mentor for business owners and has written three critically acclaimed books educating business owners on employee incentives, succession planning and asset protection and has recently been invited to complete a PhD in Business Succession Planning.
Succession Planning relates directly to your ability as a business owner to extract the maximum amount of value from your business when you exit.
It is clear that a vast number of business owners are not prepared for their succession and will end up making decisions at the last minute, with the likely outcome to be a poor result not only for the business owner, but the clients and staff also.
More than half of all small business owners in Australia plan to use their business as the primary source of funding for their retirement. The average age of family business owners in NSW today is 56 years – so for many, retirement is not too far off. For many owners, the value locked-up within their business is their second largest asset behind the family home, and in some cases it is even more valuable than the family home.
Yet while most people will happily invest time, effort and money planning for the sale of their home, they don’t do the same with their business. Choosing to invest the time and effort to develop a succession plan which ensures that you realise the maximum value from your business when you retire may be one of the most important financial decisions you ever make.
In the second session with Steve, you will identify key strategies to improve business performance and ready your team for the next level. You will identify your strengths and weaknesses as a leader and how to develop the leaders around you. You will also learn why it is critical for you to stay motivated in your business at all times.
Steve Kay - Master Business Coach with ActionCOACH, Steven Kay has proven himself one of the world's leading business trainers. One of Action's most experienced coaches, Steven 's experience and expertise comes from fifteen years of national and international management in retail, manufacture, wholesale and distribution.
Steven's coaching business BCC - Business Coaching Centre is of the most successful businesses of its kind anywhere in the world, and all through helping others to achieve success!
To learn more about this and other Business Coaching Centre Workshops in your area, call 1300 0 ACTION.