"Would my business survive if I had to take some time off?"
"Will I ever be able to step back from the day to day?"
"What's my business worth? Will I be able to 'cash out' when I'm ready?"
"What are the next steps?"
It's a tough gig being at the helm of your business. You're juggling cash flow, sales, staff and customers. You have to make all the hard decisions and it can be lonely, even with a team around you.
When you are stuck in the day-to-day, it's hard to map out a clear plan for the business. Every business owner knows they inevitably need to exit, whether it's around the corner or 5-10 years down the track. What will that look like? Will you sell? Can you hand the business to management? Are you preparing the next generation to take over?
You've invested in building your business to where it is today. Now it's time to get clear on your end-game and build for your future. Achieve the freedom you deserve and unlock the wealth you have created in your business.
We know that there are a variety of ways people choose to exit their business.
"I want to sell my business for the highest possible value."
"I want to step out of the day to day and let management take over."
"I'm aiming for a certain business valuation, then I'll sell."
"I want to build my business in the right way to give me options down the track."
"I want to be out in the next few years and need to maximise value before I get there."
"I want to help my management team buy-out the business."
"I want to transition the business to my kids and give them the best chance of success."
"I want to design my business to fit with my lifestyle goals."
Simon has over 20 years experience in the finance, investment, energy and technology sectors. As an entrepreneur, Simon has started, bought and exited companies. He has also worked for one of Australia’s largest banks, as an investment advisor to high net worth clients and private companies, in their Global Markets division.
Simon has earned an MBA (with distinction) through RMIT and a Diploma of Financial Markets through the Securities Institute of Australia.
He is a licensed Business Broker, and is a member of the Australian Institute of Company Directors. He also currently sits on the Board of Wheelchair Rugby League Australia, and is involved in a number of technology start-ups.
Simon’s passion is helping business owners build value in their companies. He understands that every entrepreneur dreams of reaping big rewards when they exit their business, but too often they fail to achieve their potential because they are not aware of the key drivers of value, or haven’t implemented them before it’s time to exit.
Shanti is a business improvement and growth expert. She has worked with clients and businesses in over 19 countries, from multinationals, to government organisations and SME's.
Shanti's mission is to help business owners create freedom and options. In particular, she works with business owners to develop systems and processes that improve efficiency and increase company value.
In Australia, almost 80% of business owners plan to transition over the next 10 years and 66% do not have a formal exit strategy or succession plan. Shanti's goal is to reach as many business owners as possible and provide the right tools, systems and actionable insights to ensure that they can extract the wealth they have created in their companies and achieve the freedom they deserve.
I asked Simon to join the Board of NRL Wheelchair because of his strong credentials and passion to positively impact society. Simon has led the initiative to develop our strategic planning and his deep understanding of how to build value in an organisation is an ongoing asset to our Board.
Chairman, NRL Wheelchair
Exit Advisory Group helped us identify our key buyer profiles and developed an exit readiness program that we rolled out over 3 months. The improvements we made led to a higher valuation and faster sales process.”
Pitline Water Management
Simon is a strategic thinker who can also apply or execute a plan at the 'coal-face' and that is a rare skill. He was able to articulate the key drivers in our business, and how best to extract maximum commercial value.
CEO, Canterbury Rugby Union