Corey Walen’s Post

Many advisors are interested in maximizing the sale of their practice when the time is right. There are factors you should be aware of which will influence PRICE. Understanding these factors can have a profound impact on your bottom line. Bridgemark Strategies' CEO Jeff Nash explores this topic in the attached article.

If your firm wants to attract clients seeking higher impacts you have to know what's important to them. i recently added an additonal question to my discovery calls and I urge you to do the same. See the list of Eight (8) Questions in my Complete Guide to IMPACT Based Pricing.

Considering selling your firm? Before you make any decisions, there are crucial factors to weigh. In the face of political changes, like the potential revisions to capital gains tax, there's been a rush to complete deals ahead of the upcoming Budget on October 30. However, at Catalyst Partners, we believe in a thoughtful approach. Selling your firm is more than just timing – it's about understanding your objectives, planning for the future, and ensuring the best outcome for your clients, team, and yourself. Here’s an action plan to consider: ✅ Clarify your post-sale objectives ✅ Update your business plan ✅ Review your financials, client data, and compliance ✅ Think about the right acquirer for your business Read below for a detailed guide on what to consider before making a move. https://lnkd.in/exh6TZpb The article was published on 18 September in FT Adviser. Reach out to Roderic Rennison, John Chapman, Martyn Laverick, Andy Cumming for expert consultation. #BusinessSales #SuccessionPlanning #CatalystPartners #FinancialServices

Selecting the right partner to help you navigate your family, your business, and your ownership is one of the most important decisions you can make. Whatever you hope to achieve, it’s our mission to simplify the complexities through clarity, understanding, and action™ so you can focus on what matters most. #successionplanning #exitplanning #businessowners

Chasing revenue is easy, but securing profit is where the real work lies. Ben Edwards breaks down the steps to ensure your firm isn’t just growing, but thriving. Learn more about the ‘Vanity-to-Sanity’ process in his latest article. 

We all love revenue but revenue does not pay the bills! Scaling a professional services firm requires profit but often founders get caught up in chasing revenue. Achieving best-in-class 70-80% Gross Margin and 50% EBITDA takes a very intentional approach, discipline, and multiple moves. How can you make it happen for your firm? This article by Ben Edwards includes great insights on how to improve profitability.

Assess the Financial Health of a Business the RIGHT way. To ensure informed decision-making, without overlooking crucial details, and confirm sustainable growth: → Gather Relevant Financial Data - through meticulous analysis of income statements, balance sheets, and cash flow statements. → Calculate Key Financial Ratios - by comparing liquidity, profitability, and solvency metrics over time. → Evaluate Cash Flow Management - by forecasting and monitoring cash flows. → Assess Profitability Trends - using trend analysis and industry comparisons. While there’s no replacement for financial acumen - have a second set of eyes from experienced professionals and peers to obtain a firm grasp of the business’ health. Don’t stop until you have a clear picture of the financial health and operational risks before closing on the RIGHT business for you. Use these steps and reference the Deal Decision Tree to find the best fit. Get it Here↓ https://lnkd.in/g-QRPNuy

🌟 Success Story Spotlight 🌟 We’re thrilled to share our latest blog post featuring a client success story! 🚀 This is the journey of how we helped a sole trader transition into a thriving limited company, and then grow into a group structure—all while navigating tax efficiencies and ensuring financial stability. 💼📈 From tailored advice to strategic planning, this story highlights the power of expert accounting in driving business growth. Curious to see how we made it happen? //wix.to/EdxmCjp

How much is your company worth? The valuation is free - The information could be priceless! . To learn more, Visit our website at jmitchellbizbroker.com . . . . . . #businessbrokers #SellyourBusiness #businessforsale #smallbusiness #businessopportunity #businessconsulting #businessowners

Are you maximizing your profit potential? But how would you analyse it?? Operating Margin Ratio is one of the best ways to compute whether your operations on the right track or not. Slide right to know more If you find the content insightful, follow Sneha Shetty for such more content. #financialadvisor #operatingmarginratio #ratios #rationanalysis