Get a Grip is an online program for business owners who want to escape daily operations and sell their company for maximum value. Six modules cover valuation, personal financial needs, value-building actions, exit strategies, and succession options. Each module takes under an hour with short lessons and live Q&A sessions.
Chapters
Are you a business owner? Would you like to be more profitable? Spend less time working the day-to-day in your business and spend more time taking a long-term view and be the visionary CEO? Are you tired of working 60 hours a week and seem to not be making any headway? Do you want to sell your business in the future for maximum value? If you answered yes to any of these questions, I urge you to spend an additional additional 3 minutes and listen to this video. We've worked with many business owners over the years, and it's very common to see a business owner that knows their work, what they do inside and out, and make a pretty decent living of it, but they're a slave to their business. They don't know their numbers, and try as they might, they want to grow and become more profitable. They just can't make any headway. Many of them plan to sell their business at some point in the but they really don't know what that looks like and how it works. So that's why we've developed this program for their education. The program is delivered completely online. There are 6 modules, each with a different topic within each module. There are shorter lessons. There are 4 to 6 lessons in each module, and the lessons are usually around 10 minutes or less. So the total time to complete a module will be less than 1 hour. Each participant will view the lessons in the module on their own, and then there's scheduled live classes in which all the participants will join a Zoom call along with the advisors. This will be the time for review, discussion, and questions about the materials covered. The 6 modules are Module 1, which is, how much is my business worth? In that module, we'll talk about the effects of the value of a business and how is the value of the business determined. We'll talk about the multiples, what they are, and how it relates to risk. And probably the most important part of the module, how does a buyer view the value? In Module 2, we'll cover, how much do I need? We'll talk about how much you need, what you need from the sale to meet your financial needs in the future, how we'll calculate that, and will the business proceeds be enough? In Module 3, we'll cover, how do I start? We're going to talk about the value of your business and what it means to be best in class. What are the things that you need to do? How do you prioritize what needs to be done? In Module 4, the focus is, what if I need more money from the business? In Module 4, we'll talk about how to build value in your business and what we need to do about that. What are some common strategies that you can initiate to increase the value of your business? In Module 5, we'll cover how do transitions work, what is that process, and what are the options of exiting the business? Such as, do you give it to your children? What about the management team? And what about outside buyers? What are the advantages and disadvantages of each of the options? And finally, in Module 6, we'll cover what else do I need to know? We'll talk about the factors that are pushing and pulling you from the business. What are the things that you need to consider, and where can you find help? And what if the funds are not there? So you'll get a lot out of the online program, and there'll be other opportunities for you to increase your knowledge in this area, and we will certainly share those with you. We hope to see you join Get a Grip. Thank you.