Ever thought about how you can boost your business's value and set it up for a successful exit? Valuation expert, Dave Bookbinder shed light on a crucial factor: de-risking your business to increase its valuation.
Understanding that valuation is a forward-looking exercise, you can focus on reducing the perception of risk in your business, ultimately increasing its value in the eyes of potential buyers and investors. Dave highlighted the importance of showcasing a reliable and promising future for your business, as buyers are interested in the likelihood of achieving economic benefit streams.
This insight emphasises the significance of taking proactive steps to de-risk your business, such as strengthening customer relationships, creating a culture of engagement, and diversifying key client dependencies.
Understanding the impact of risk perception on your business's valuation can guide your strategic decisions and elevate your business's attractiveness for potential exits or investments.
Watch the episode here: https://succession.plus/uk/podcasts-uk/dave-bookbinder/
If you would like to learn more about how to start preparing your business, then you can get more information here: It All Begins with Insights.
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Information
- Show
- FrequencyUpdated weekly
- Published23 May 2024 at 22:00 UTC
- Length35 min
- RatingClean