When it comes to selling your business, keeping things under wraps can be a strategic necessity. Anonymity safeguards your company’s value, prevents unnecessary chaos, and ensures you’re in control. Let’s dive into the why, how, and who of staying incognito while you work toward achieving your optimum outcome
When it comes to selling your financial planning practice, it’s not about chasing the market. The best time to sell isn’t dictated by market highs or external conditions – it’s about you. Surprisingly, the ideal time to sell is when you don’t need to. Why? Because selling from a position of strength allows you to plan, negotiate, and execute the sale on your terms. Let’s explore why this approach leads to better outcomes and how you can prepare for the most rewarding exit.
At Growth Focus, we’ve seen many deals that start with fireworks but fizzle out before the grand finale due to an insidious culprit: Deal Fatigue. It’s that feeling when the journey becomes so long, convoluted, and draining that both parties are ready to throw in the towel. Think of it as a marathon where, halfway through, you’re questioning your life choices and wondering why you didn’t just Uber to the finish line. In the world of financial service practice sales, it’s all too common—and entirely avoidable with the right perspective.
Here’s the thing: spotting red flags and deal breakers isn’t about assuming the worst in others. It’s about knowing yourself. What do you really want in this deal? What are your non-negotiables? And what’s worth working through?
Growth Focus has noticed a phenomena in Financial Service Practice sales just before a contract of sale is to be signed. We call this the Deal Wobble.
Risks in Second Installment Payments Insights from Growth Focus Introduction In the world of mergers and acquisitions (M&A), particularly within the financial advice sector, transactions
Performance Based Second Installment Payments Insights from Growth Focus At Growth Focus, we recognize there are two common approaches to structuring performance-based second installment payments
Podcast – How automation tripled my broking business, and how it can triple yours – Episode 192 Welcome to another episode of The Deal
Legal issues when buying or selling a business can cost buyers and vendors a lot of time and money. Most of the common pitfalls are not rocket science. In fact they are often easy to navigate around. But just as easy to forget and overlook.
Podcast – The Top 5 mistakes Vendors make when selling an Accounting Practice – Episode 196 In this episode, we talk to the Managing Director
