BUSINESS CONSULTING GROUP, LLC
Aligning Business Strategy, Brand Promise and Best Practice
Are you thinking about getting additional financing or selling your business? Do you want to greatly increase your chances of receiving favorable terms?
Finance providers want assurance their loan will be repaid with interest or their return on investment will be commensurate with the risk of providing the additional capital. Potential buyers want confidence that your company will provide the desired outcome of the purchase (product synergy, economies of scale, expanding customer base, etc.).
Conventional wisdom states you only get one opportunity with a prospective lender, investor or buyer; and, although counterintuitive, you should delay contacting a financial intermediary or business broker until you know your company is truly ready to be presented. It is far more preferable to have found and fixed any problems before anyone performs their due diligence than to try to explain any flaws and imperfections that are found. Therefore, when first presented, you need to ensure the organization, operations and financials are as good as they can be and are aligned with the company's business strategy and brand promise.
Wanting to finance or to sell your business and being ready to do it are very different. So, the question is: Are you ready?
We have prepared a brief 15-question Business Readiness Self-Assessment that should get you to consider your company's performance in key business functions. If after completing this assessment you are confident your company is a top performer is all of its activities, congratulations! Go get that additional capital or find your buyer. If on the other hand, you are unsure of one or more of the functions or would like verification of your own assessment, we are ready to help.
We will provide your management team with tools that can help recognize potential problem areas. Then, leveraging our proven skills, functional expertise and industry experience, we will teach your management team how to drill down, identify and resolve any associated operational, financial and/or organizational issues prior to exposing them to outsiders. During this process they will learn how to continually identify bottlenecks and maintain extraordinary execution.
Give us the opportunity to improve your chances with a prospective lender, investor or buyer. You have nothing to lose. There is no cost or obligation to you until both of us agree:
NEWS AND MANAGEMENT RESOURCES
Do you have a business question you would like answered quickly? Try our new E-Consulting. Just enter your question into the e-mail form provided and it will be sent to the consultant best qualified to answer your question. Try it!
Rev Up Your Profit Engine
Are you leveraging todays best available processes for business improvement to increase your cash flow? If your efforts arent giving you the value you deserve, then its finally time to slay these myths and forever reject compromising on your profits.
Master the Handoff: Position Yourself for the Sell
Once you have "revved-up" your profit engine and your company is as profitable as it can be; you want to remove any red flags that might hinder a sale or lower the price. Learn about one of those pitfalls by reading LEADERSHIP STRATEGY: MASTER THE HANDOFF by Art McNeil.