The sad truth is that while most businesses have the potential to double their value in the next few years, the majority of businesses will be worth nothing. Of the privately held businesses on the market today, 82% of them will not sell. This is a plethora of business owners who have poured their lives and resources into a business that did not provide them a return on their investment. Many owners depend on funding their retirement from the sale of their business, only to discover their business has no value.
This book was written to help business owners prepare their company to sell for a premium price. These tools will help any business become more profitable and efficient.
Fred Herbert has combined his expertise in business excellence, his own business experience, and interviews with experts in business valuation to develop the Double or Nothing™ Strategy that every business owner can apply.
The following are a sampling of topics discussed in Double or Nothing™:
• Buyer’s Perspective
• Business Valuation
• Managing Cash-Flow
• Leadership/Management Team Development
• Customer Satisfaction and Retention
• Workplace Organization
• Employee Assessments
• Process Documentation
• Equipment and Technology
• Business Transition Planning
Double or Nothing™ requires ACTION. Each chapter is filled with action steps you can take now to increase the value of your business. The more you read this book, the more you will realize that these are the necessary tools and strategies that will enable you to build the value of your business.
