Presentation & Discussion: 3 Out Of 4 Businesses Put Up For Sale Are Never Sold

Top 7 Reasons Why Some Businesses Are Never Sold, What Truly Attracts Buyers, And What You Can Do Now To Position Your Business For A Successful Sale & Exit

Introduction

This presentation will provide information and strategies that are applicable regardless of when you plan to sell a business, whether this may occur next year or five or ten years from now.

It is important to note that business valuations and offering prices for businesses are directly impacted by - among other significant factors - the last three years of revenues and profitability. The trending (whether up, down or flat) of these figures over this timeframe also is significant.

Therefore, to truly maximize your return from selling your business, you will benefit from some advance planning and some understanding of what buyers are looking for in a business.

We will introduce some current best practices for preparing a business for sale as well as some elements of exit planning. Exit planning takes a wider view on the selling event, and how it will impact you, your family, the business and your employees.

This presentation will help you position your business for sale and develop that strong, profitable track record that smart buyers demand.

The speaker, Erik Bunaes from Endorphin Advisors, has worked for years preparing businesses to be sold. He has many established relationships with M&A specialists, investment bankers and business brokers who trust his expertise in helping prepare businesses for sale.

Presenetion & Discussion

This presentation includes seven topics and strategies:

  1. Business Sales Statistics
  2. Top 7 Reasons that Businesses are not Sold
  3. Introduction to Exit Planning
  4. Exit Planning Process
  5. Professional Advisors Needed for Exiting a Business
  6. 20 Criteria that Attract Buyers
  7. Where To Start - 16 Steps to Get Process Started

Presentation & Meeting Details

North Bay Discussion Group meeting

Date: Thursday September 16, 2010

Time: 7:30 a.m. – 9:00 a.m.

Place: Downtown Joe’s, 902 Main Street, Napa, CA

Good News: Breakfast is provided!

Cost: $11.00 pre-registration for CalCPA members ($16.00 for non-members and walk-ins).

Meeting Agenda

  • 7:45 AM - Networking and registration
  • 8:00 AM - Breakfast served and general business
  • 8:05 AM - Introduction of speaker
  • 8:50 AM - Wrap-up and Q and A

Contact Information & Registration

Register at www.calcpa.org or contact Soco Davenport at the California Society of CPA's

1235 Radio Road, Redwood City, CA 94065

Phone: 925-926-0189

Fax: 650-802-2665

Email: soco.davenport@calcpa.org

Endorphin Advisors has many consulting and advisory services for business owners. We also offer a Web Marketing Audit & Report which will help you generate more visitors to your web site, and help convert more vistors to leads and more leads to sales. Contact us today to take a big, bold step in your web marketing!

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