Identify Value – Your Wealth Magazine March (2011) - Succession Plus

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Identify Value – Your Wealth Magazine March (2011)

Succession and Exit

Identify Value – Your Wealth Magazine March (2011)

By , February 18, 2015
money-lots

How do you sell a business for maximum value when you are unsure of its value today? The first step when planning a successful exit is identifying your retirement and funding needs in the future, and the current value of your business and personal assets. Before you sell your own business, you need to know the value of it today, identify key areas that could increase the value and saleability in the eyes of potential buyers and come up with a strategy to maximise the value of your business.

Craig West

Craig West

Managing Director | Succession Plus

Craig West is a strategic accountant who has over 20 years’ experience advising business owners. His background as a CPA in public practice, provided invaluable experience in the key issues of concern to business owners. Following 6 years of study to gain two masters degrees, Craig focused on Capital Gains Tax (CGT) for business sales advising on strategic management of tax issues. This experience formed a very strong view that business owners (and often their advisers) were unprepared and unaware of the steps required to prepare a business for exit.

Craig now acts as a strategic mentor for mid-market business owners and has written four critically acclaimed books on employee incentives, succession planning, asset protection and exit strategies. Craig has conducted numerous seminars and keynote presentations throughout Australia & internationally, including adviser education programs for the Institute of Chartered Accountants and CPA Australia.