Latest news with #preparation
Forbes
4 days ago
- Business
- Forbes
3 Essential Questions To Ask Before Selling Your Business
What if a buyer showed up tomorrow with a serious offer to buy your business? Would you be ready or ... More would you panic? What if a business buyer showed up tomorrow with a serious offer to buy your business? Would you be ready or would you panic? Most small business owners say they'll sell 'someday.' But someday has a funny way of becoming urgent. A burnout. A life shift. A market dip. Or an unexpected email from a serious buyer. The truth is, big exits don't wait for perfection, they reward preparation. If you're a freedom-focused business owner with even a whisper of a future exit in mind, the time to get clarity is now. And it doesn't start with business brokers or complex spreadsheets. It starts by asking yourself the right questions. Below are three of the most important ones, designed to bring you out of fuzzy thinking and into powerful action. Question 1. How Much Time Do You Really Have To Prepare For Your Exit? This is the question most small business owners skip until it's too late. They assume they'll sell in a few years, maybe after they hit a revenue milestone or launch that one last project. But life doesn't wait. Burnout creeps in. Health issues show up. Or the opportunity of a lifetime knocks earlier than expected. It shapes what you can still fix, how confident you'll feel when selling your business, and the kinds of offers you'll be able to attract and negotiate. So instead of drifting toward an exit someday, anchor your thinking today: Why this matters: Many owners think they have years, but urgency often shows up fast. Buyers don't wait while you clean up your books, document systems, or finally delegate sales. The sooner you define your timeline, the more control you gain over the process. Question 2. What Is Your Business Worth Today And What Do You Want To Sell It For? Ask 10 owners what their business is worth, and you'll get 10 guesses. None backed by real data. Ask what they want to sell it for, and the answer is often a gut number tied to pride, how hard they worked or retirement goals. This is where the 'value gap' lives: the space between what you think your business is worth and what a buyer would actually pay. Here's how to bring clarity to your numbers: Why this matters: Knowing your business's value isn't just about the final price tag. It's a mirror reflecting how your business performs, how de-risked it is, and how attractive it is to outsiders. Your revenue doesn't define your value. Your systems, structure, and owner-independence do. So if your dream number feels far away, that's not a reason to quit. It's a reason to start optimizing now. Question 3. How Exit-Ready Is Your Business Right Now? Many founders focus on growth and profitability, but skip over sellability. They assume a high-revenue, well-known business will sell easily. But business buyers look for different things. They care less about your genius, and more about your systems. They want to know: can this business thrive without you? Valuable doesn't always mean sellable. That distinction is what separates an impressive business from a big exit. To assess your real exit readiness, ask: Why this matters: Buyers aren't just looking at how much money you make. They're evaluating how risky it would be to take over. The more your business runs without you, the more attractive—and valuable—it becomes. Exit readiness is a spectrum, not a yes-or-no question. Every improvement you make adds leverage, even if you're years away from selling. Final Reflection: If a Buyer Showed Up Tomorrow, Would You Be Ready? Let's imagine this scenario: You get an email from someone who wants to acquire your business. They're serious. They ask for your numbers, team structure, contracts, churn rate, and delivery process. Do you freeze, or flow? This one reflection cuts through the fluff faster than any spreadsheet: If a buyer showed up tomorrow, how ready would you truly feel to share your numbers, answer their questions, and let go? This isn't about being perfect. It's about being prepared. Because big exits don't just happen when you want them to. They happen when you've made them possible. Whether your ideal exit is two years out or ten, the time to start preparing is now. Not in a reactive scramble when you're tired or out of options, but from a place of clarity, leverage, and choice. If this article sparked something, don't let it end here. Use your answers to these questions as a roadmap. Turn insight into action, one small improvement at a time. Because you don't just deserve to sell your business, you deserve to sell it on your terms.
UAE Moments
20-07-2025
- General
- UAE Moments
Your Daily Career Tarot Card Reading for July 21st, 2025
21.7.25 The World: If you've doubted yourself regarding an idea, project, or job application or interview, then the World card shows up to tell you that you'll likely exceed expectations. It's time to feel the fear and do it anyway, as there's a good chance you'll also surpass yourself. However, you should continue to prepare and to do your best, as your positive attitude can bring you even more kudos.
Yahoo
18-07-2025
- Sport
- Yahoo
🎥 EtH debut ends in disaster: U20 side thrash Bayer Leverkusen
Erik ten Hag probably imagined things quite differently. In his debut as coach of Bayer Leverkusen, the Werkself suffered a bitter 5:1 friendly defeat against the youth team (U20) of the Brazilian club Flamengo. By halftime, the German runner-up was already significantly behind with a 0:4 deficit. In the second half, 17-year-old Montrell Culbreath was able to score at least the consolation goal for Leverkusen. Of course, the result should play a subordinate role in the preparation and Bayer did not line up in their best formation, but the clear result in the first test under Erik ten Hag is quite surprising. While various own youth players as well as established professionals like Jonas Hofmann, Victor Boniface, Amine Adli or Arthur were allowed to show themselves for about an hour, from the middle of the second half Granit Xhaka, Robert Andrich, Patrik Schick or even Edmond Tapsoba took over. This article was translated into English by Artificial Intelligence. You can read the original version in 🇩🇪 here. 📸 Christof Koepsel - 2025 Getty Images
Yahoo
16-07-2025
- Sport
- Yahoo
Gasperini doubles Roma's training sessions
Roma's new season has officially begun under Gian Piero Gasperini. The coach has already made a clear impact on the daily routine, writes Il Messaggero. Yesterday, the first day of double training sessions took place at Trigoria, with a full-fledged retreat. Advertisement The players slept inside the training center to be closely monitored, with particular attention paid to nutrition and physical recovery. The entire training day was completely closed. Media access was restricted, and there were also restrictions for internal staff. The program kicked off in the morning with exercises in the gym, followed by a long athletic session on the pitch. After the lunch break, the Giallorossi returned to the gym at 4:00 PM, worked in the pool, and then, at 6:00 PM, competed in high-intensity practice matches. For Gasperini, physical data is an essential tool. The coach uses numbers to precisely evaluate the performance of each player, in order to understand who to focus on more and who needs greater motivation. Advertisement A scientific approach to preparation is one of the keys to his method. Starting off with the right pace right from the start is considered essential to laying the physical and mental foundation for the season.
Yahoo
14-07-2025
- Sport
- Yahoo
Hughes sets out plans for Carlisle United's Wales training camp
This way to takes the squad for a training camp this week (Image: Ben Holmes) Carlisle United have begun a week-long training camp in south Wales - with Mark Hughes promising plenty of 'detailed' work. The head coach is taking his squad for a week's training ahead of next weekend's friendly at AFC Fylde. Advertisement Hughes believes it will be a bonding trip as well as an opportunity to lay down some of the playing principles he regards as important for the new season. United have typically gone on a training trip in recent pre-seasons, with Scotland often the destination in previous summers. This time Hughes' Welsh homeland is the choice as Carlisle step up their preparations for the 2025/26 National League campaign, with the Vale of Glamorgan understood to be their destination. The United boss, speaking to the club's official channels, said of the trip: 'We're still quite a new group, with a lot of new faces, so it will help a lot of them to integrate. Advertisement Sam Murray on his Blues ambitions and leaving Man Utd 'We'll take that. We've got a lot of detail that we want to put into the players in terms of what we want to do in certain situations. 'We haven't done a great deal of work on that [so far] – it's been more the physical element that we've needed to put into them in the first weeks of [pre-]season. Hughes hopes it proves an important bonding trip as well as an important training schedule (Image: Ben Holmes) 'Very quickly we'll start [putting] more meat on the bone.' As well as stepping up preparations for the August 9 fifth-tier kick-off, the fitness of certain players will continue to be monitored. Advertisement Carlisle United chief on Blues' £1m blow after relegation Certain players have yet to feature in pre-season action, with Carlisle two games into a programme of six friendlies. Hughes, speaking ahead of last week's first friendly at Motherwell, said he would not risk players who are carrying 'niggles' at this stage of the summer. Summer signing Morgan Feeney, with a calf issue, is one such player, while Hughes said striker Georgie Kelly had a muscle problem. On the latter, Hughes said Carlisle were 'probably being over-cautious' given his injury history, and that United could afford to 'ease people in' if they were feeling any discomfort. Advertisement Jordan Jones has also missed the first two friendlies with United yet to give any details on his absence from action, with no update so far also given on Archie Davies' absence from the Newcastle United game on Saturday. Hughes, having given players 45 minutes each at Motherwell and Newcastle, is likely to step that up to an hour in some cases when Carlisle take on National League North side Fylde. FLASH SALE: Get unlimited access to every Carlisle United article by subscribing to the News & Star for £6 for 6 months or a full year at half price - click HERE for details
