How More Profit Increases Business value and growth. Discover strategies to boost profits and maximize your business’s sale value. Act now!
How More Profit Increases Business Success
Regular clients receive up to 51% improvement in their profits.
How More Profit Increases Business Success: If you’re thinking of getting out of your business in the next few years, you’ll need to access the most out of the sale value of your business. If the sale value of your business represents your retirement planning, you should be considering every avenue to grow the business in the next few years. Most vendors plan on an exit strategy at least three years in advance.
There are numerous ways that you can value your business such as the value based on profit model. Using this model, the profits of your business receive a multiplier of three or four times based on the industry average and attractiveness of your business brand.
The value based on the profit is often the most widely used for traditional companies where profits are sustainable. For start-up companies in tech however multiple of revenue or revenue projections may come into play to determine what the future sustainable profits might be.
For perspective, we showed that the improvement is 51% for our proven profit series. Here is the impact that you could see on your business value before sale:
Previous
Profit: $300,000
Multiplier 4
Business value $1.2 Million
Current
Profit: $453,000
Multiplier 4
Business value $1.812 million
How More Profit Increases Business Success: A business owner could see up to $612,000 just by preparing a better exit strategy for their business. Making their business will more attractive for sale can make a huge impact on the quality of life for retirement is a business owner and also ensure that the business can see a greater longevity by placing the less pressure on the new owner.
Value and Owners’ Retirement Funds
At SecureCFO, we manage the accounting needs of businesses, regardless of size, with a keen eye for detail and customization. We go beyond the general ledger by offering expert advice on accounting software and personalized services. Understanding general ledger accounting and its reliance on double-entry bookkeeping equips business owners with the knowledge to better manage their financial health and make informed decisions.
As a certified CFO, I bring a robust blend of expertise and accreditation to the table, ensuring that my strategic financial management and controller services not only aligns with industry best practices but also drives substantial value and innovation in the services sector. My certification is a testament to my commitment to excellence and my capability to navigate complex financial landscapes effectively, making me a trusted advisor in your journey towards greater profitability and business success.
Start mastering your financials today! Dive deeper into how outsourced accounting services can revolutionize your business strategy and lead to sustained profitability. Don’t wait, unlock your business’s full potential now!
