Is Your Business Actually Worth Anything Without You? episode artwork

EPISODE · Mar 15, 2017 · 6 MIN

Is Your Business Actually Worth Anything Without You?

from Business Owners & Entrepreneurs Podcast with Peter Boolkah | Business Coach | The Transition Guy® · host Peter Boolkah

Send us Fan MailWhat is your business actually worth if it cannot function without you?Many business owners assume years of hard work, long hours and sacrifice automatically translate into business value.They don’t.In this episode, Peter Boolkah explores one of the biggest problems affecting business valuation: founder dependency.If the owner disappears and the business stops functioning, a potential buyer may not see a valuable company.They may simply see a job they are being asked to buy.You'll discover:Why business owners often overestimate the value of their companyWhy effort and years worked do not automatically create enterprise valueThe importance of asking whether the business could operate without youWhy founder dependency can reduce the value of a businessHow weak management structures restrict growth and saleabilityWhy undercapitalised businesses struggle to realise their potentialThe danger of stripping too much cash out of the companyWhy reported profitability matters when eventually selling a businessWhy owners should think about their eventual exit long before they want to sellA valuable business should not depend entirely on its founder.It needs people, systems, management, capital and the ability to continue operating when the owner is not there.Because buyers are not paying you for how hard you worked.They are paying for what the business can produce without you.CONNECT WITH PETER BOOLKAHWebsite: https://www.boolkah.comLinkedIn: https://www.linkedin.com/in/boolkahInstagram: https://www.instagram.com/pboolkah/Facebook: https://www.facebook.com/BoolkahX: https://twitter.com/boolkahABOUT PETER BOOLKAHPeter Boolkah is a business coach, author and speaker who has spent more than 20 years helping business owners build stronger, more valuable businesses that do not depend on them for everything.He is the creator of The Hamster Wheel Trap® and author of Your Business Sucks: Build a Business That Works Without Destroying Your Life.Peter works with founders and leadership teams on the issues that ultimately determine whether a business creates freedom or becomes another job: leadership, founder dependency, people, profit, execution, scaling, exit readiness and enterprise value.His approach is direct, practical and built around one simple question:Do you own the business, or does the business own you?Learn more at https://www.boolkah.com

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Send us Fan Mail What is your business actually worth if it cannot function without you? Many business owners assume years of hard work, long hours and sacrifice automatically translate into business value. They don’t. In this episode, Peter Boolkah explores one of the biggest problems affecting business valuation: founder dependency. If the owner disappears and the business stops functioning, a potential buyer may not see a valuable company. They may simply see a job they are being asked to ...

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This episode was published on March 15, 2017.

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