CBAcan is a full service Business Coaching firm specializing is Business Transition & Succession Planning, Exit Readiness, Family Succession Planning and Business Coaching addressing the needs of small and mid-sized businesses. Statistics confirm that 40% of small and medium sized business owners are planning to sell or exit their business in the next 5 years. This is motivated by the fact that 30% of small business owners are now over 50 years of age and this rate is increasing each year.
As baby boomers near retirement, the laws of supply and demand will come into play. In such a crowded marketplace, business owners will need to present their business in the most appealing, professional manner to stand out from the competition to achieve the maximum value for their business. - 66% of owners plan to use their business as their primary source of retirement income
- 43% hope to realize a lump sum benefit from the sale of their business
- 31% expect an ongoing income stream.
For these people selling their business in order to retire, it is of paramount importance that the sale price will allow them to retire comfortably and not compromise their quality of life.
A major impediment to succession planning is that most entrepreneurs don't understand the drivers that underpin the creation of a successful exit transition Strategy. Selling a business is a marketing exercise that requires planning, preparation and a compelling pitch. An Exit Strategy needs to be achievable and have a realistic timeframe and measurable milestones. It is imperative that businesses allow sufficient time to plan and implement their transition plan in order to maximize the value and attractiveness of their business before the ultimate sale. CBAcan's innovative diagnostic software tools help to pinpoint the areas of the business that requires improvement. Once identified, CBAcan works with the business owner to create and implement a comprehensive, integrated and achievable Action Plan to position the business for its ultimate sale. Selling your business for maximum value rewards the owner for the years of hard work in building the business. Our focus is to work with our clients to "Ready" their business for sale to ensure that they achieve the absolute maximum value possible. Once a business is "Exit Ready," it can be: - Operated more profitably and efficiently
- Employees are happier
- The value of the business is maximized
- The owner(s) has more leisure time
These benefits continue as long as the business remains Exit Ready and until the business is actually sold. CBAcan specialize in all categories of business. Our Business Coaches are trained to develop and implement an Action Plan to improve systems and processes that will lead to: - Improvements in productivity
- Customer satisfaction
- Increased revenue and profits
all resulting in a business that operates smoothly and is fun to run again. Our clients find they are no longer "tied" to their business and have more leisure time. Higher profits and more leisure time CAN go together. CBAcan is an Accredited Partner and Member of MAUS North America and the MAUS Business Systems Network. MAUS is an international network of independent Business Coaches, Consultants, Advisors and Business Brokers who have been trained to the highest levels of expertise in the implementation of the MAUS award-winning software and the methodologies and concepts behind them.
|