If you want to know how to close a business or how to dissolve a business and you own a small business in Australia, then stick around. In this episode I walk you through some business exit strategies that include (but are not limited to), selling a small business, closing your business and passing the business on.
These business exit strategy examples are the main options open to you and I discuss the things you need to consider with each one. I touch on how to evaluate the business value because ideally, it would be great to sell your business to capitalise on the hard work you put in over the years.
That being said, knowing how to value your business while helpful, is not what everybody wants so understanding your options is paramount. This video is really to help you with the next steps after you decide ‘I’m closing my business’.
Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.
If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.
Right Source Empowering Your Purpose Is Ours.
If you want to know how to close a business or how to dissolve a business and you own a small business in Australia, then stick around. In this episode I walk you through some business exit strategies that include (but are not limited to), selling a small business, closing your business and passing the business on.
These business exit strategy examples are the main options open to you and I discuss the things you need to consider with each one. I touch on how to evaluate the business value because ideally, it would be great to sell your business to capitalise on the hard work you put in over the years.
That being said, knowing how to value your business while helpful, is not what everybody wants so understanding your options is paramount. This video is really to help you with the next steps after you decide ‘I’m closing my business’.
Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.
If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.
Right Source Empowering Your Purpose Is Ours.