The Business of adding value – Sold Magazine - Succession Plus

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The Business of adding value – Sold Magazine

Succession and Exit

The Business of adding value – Sold Magazine

By , February 18, 2015

All businesses sit somewhere along the scale of boutique and scale. If you want to maximise the value of your business and sell your company successfully then your business model needs to be either boutique or scale. If it’s a mix of both, you’re in ‘no man’s land’ and your ability to maximise business value decreases substantially. This article helps you identify which business model most suits your business and how to get out of ‘no man’s land’.

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.