Exit and Succession Planning
In an ideal world all businesses would have an exit strategy in place from the time they start out, in reality however this seldom happens. If you do not currently have and exit strategy then don’t worry because that’s what gets us out of bed in the mornings!
At GSE we are passionate about making our client’s businesses more profitable and ultimately more valuable. The greatest reward for us is when our clients tell us that they are reconsidering selling their business after we have worked through the exit planning strategy as they are back to loving what they do.
We drive change through the structured implementation of systems that have been tried and tested in more than 60,000 businesses just like yours. The cloud based software that we use, and give all of our clients access to is continually evolving to meet the needs of modern business.
This software system is used throughout the entire process and makes it really easy for the business owner to manage the business in a way in which they may not have done previously.
You will find the basic outline of our process below and you may also find the report and eBook useful.
Although we are fully embracing the digital age with cloud technology when it comes to people we are quite old fashioned and prefer to talk.
If you would like any further information about our services feel free to call us at any time on 1300 52 21 79 or you can of course contact us via email.
- High Level Goals
- Value Gap Analysis
- Business Attractiveness
- Personal Readiness
- Business Readiness
- Value Creation
- Accountability and Implementation
The first stage of our process involves looking at your high level personal and business goals as well as reviewing any exit plans that you currently have. We look at where you are currently and where you want to get to and most importantly any potential road blocks to you getting there.
How much is the business currently worth and what will the future value be if you continue on current trends? Our cloud based management system give the opportunity to look at multiple “what if” scenarios. This process really shows the value that can be added to the business if you prepare properly before putting the business up for sale. We educate on the creation of value, strategy and potential risks to the business.
Discover how attractive your business is currently to prospective buyers. We use worldwide research to score your business out of 100 to establish a benchmark and then work with you to implement plans to increase the valuation.
Are the owners or shareholders of the business personally ready to sell? As anyone that has previously sold a business will tell you this can be a difficult life transition. We work with you to ensure that you are emotionally and financially prepared for the next stage of your life.
This is where things start to get serious! This phase is a 22 stage reverse due diligence report that highlights the main areas of focus and the strategies required to maximise the value of the business. This process will also determine exactly what we need to do to make your business as attractive as possible to buyers and help you transition out of the business and into your next venture or retirement.
Based on the findings from the previous stages we refine and develop your strategic plan to focus on value creation.
We schedule regular accountability catch ups to ensure that you are on track with your plan and make adjustments as required. We manage the implementation of a company wide accountability program.
Exit Planning Software
As a client of GSE you will have full access to MAUS cloud based management software, this is just one of the applications
The Exit Planner software helps you to prepare your business for sale. This product is vital for any business owner who is wanting to plan the sale of their business and achieve the maximum sale price.
- Improve the potential sale price of your business.
- Automatically creates a comprehensive “Exit Plan” based on the “Attractiveness” and “Readiness” index
- Compiles the plan and then automatically calculates the score and graphs the gaps indicating the necessary action plan that is needed to increase the value of the business.
Why does a business owner need an exit plan?