The biggest challenge you face when integrating businesses is staff. You need only attend one of our Inner Circle meetings to hear our experienced dealmakers discussing “people” challenges. While staff issues may pose a challenge, you can avoid most issues if you have processes and understand the right way to do things. It is all about creating the right culture that supports the direction of the business. Today, we publish the second video from business growth expert Andy Hemming, who spoke at the Dealmakers Retreat in Marbella in a session dedicated to smoothing the integration process. Listen to this episode if you are considering a Buy and Build strategy. It could save you a lot of time, money and stress. Click here to listen to the episode: https://lnkd.in/eZWsusec #mergersandacquisitions #business #businessgrowth
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[Listen] Mastering business ownership - strategies for growth and exit multipliers - with Andy Hemming In the latest episode of the Business Buying Strategies podcast, business growth expert Andy Hemming explains how to oversee the performance of your business and drive growth without getting involved in the day-to-day operations. As a business investor, you need to avoid being drawn into daily management, yet you also need to set the direction and focus on the business, while holding the management team accountable. In this episode, Andy explains how to get the best from your management team and oversee growth by tracking the right metrics and KPIs, and why it is essential to build systems to support growth and guarantee consistent results. Andy punctuates his presentation – recorded at the last Dealmakers Retreat in Marbella – with real-world success stories and examples. Whether you are an experienced business owner or a new dealmaker listen, make notes and discover practical strategies and tools to grow a business. Listen and discover… 👉 Why most business owners need to shift their mindset to grow a business successfully (and remove them from day-to-day operations) 👉 Why a business that is reliant on the business owner will struggle to grow (and will never be as valuable) 👉 What specific metrics and KPIs you should be looking at, as the owner of the business (these are different to what a manager or staff member should be tracking) 👉 How one business owner went from working 60 hours a week in his business down to just one hour per week (by shifting his approach) 👉 Why it is important to understand the cycle of business (in four easy steps) 👉 Why systems are the most powerful tool in a business to create growth 👉 Why most businesses do not have any systems of any kind (and why that is an opportunity for a dealmaker) 👉 Why it is important to define – and enforce – performance standards (it’s all about expectations) 👉 The two primary blockers to achieving growth goals (these are the same for 99% of businesses) 👉 Why building a dashboard is essential for oversight and accountability 👉 Why you need to think more like an investor than a manager (and how that impacts the information you need from the business) 👉 Why better performance for the wider business begins by looking in the mirror (even as an investor, you set the standard) 👉 Why ownership is key to ensuring everyone plays their role in the business (you need to think like a sports team) 👉 The simple question that can uncover most of the performance issues in your business (in a matter of minutes) Listen now: https://lnkd.in/e_ZYgHF9
Business Buying Strategy Podcast - Dealmakers
https://dealmakers.co.uk
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Ever wondered what separates the business titans from the dreamers? Meet Damiano (Damiano R.) our CGO, who’s turned #digitalagency magic into an art form. With two successful exits, over 2000 clients, and insights from 5000+ businesses, he's here to share the secrets of mastering the game. 💡✨ Ready to #levelup your business? Join us and embrace the challenge. 🚀 👉 https://lnkd.in/gjA3Fdka
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What if your business could thrive without you? Most entrepreneurs don’t think about an exit strategy when they’re growing their business. But what happens when the grind wears you down, and you need to step back? I’ve been there—95% revenue loss, on the brink of bankruptcy, and no clear way out. But I knew one thing: I couldn’t just keep grinding. I had to build a business that didn’t depend on me. Here’s how I turned it around: • Managed Cash Flow: Implemented a 13-week rolling cash flow report, giving me the foresight to make informed decisions. • Built a Supportive Team: Reconstructed my team to be resilient and self-sufficient, increasing operational efficiency and making my business attractive to buyers. • Assessed Risks Honestly: Confronted and prepared for challenges, maintaining stability during the sale process. And the result? We didn’t just survive; we thrived. We built a team and culture that surpassed anything I’ve ever experienced. Check out this quick video in Pat Mancuso's podcast, Destination Business Freedom, to see how I did it. DM me “freedom” to learn more, and catch the full podcast episode in the comments below. What’s one thing you’d change in your business to make it less dependent on you?
In this week’s episode of Destination Business Freedom, Pat Mancuso joins Ivan Polic, the Co-founder of Jumpstart Your Exit, to talk about how he developed an exit strategy to navigate a business crisis. Ivan shares how he rebuilt his business with a supportive team, the importance of disclosing risks to maximize business value, and the turning point for his eventual exit. https://lnkd.in/gi63uGvb #PatMancuso #DestinationBusinessFreedom #MancusoConsultingGroup #MCG #IvanPolic #JumpstartYourExit #ExitStrategy
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Happy Friday - or is it? As most businesses step into H2 or have just started Q2.. are you on track? Do you have the right team to get you there, accountability throughout the organisation and everyone motivated (a healthy culture). Are issues being resolved or are meetings just discussion, are the corridors just further discussion and there is a lack of clarity on what needs to be done each week, each qtr to be on track. I help YOU solve these problems and use EOS to do it. EOS® (The Entrepreneurial Operating System®) is a powerful system that takes a holistic self-sustaining approach to building a great company. It helps a business owner get the most out of their business. Check in out and if you want to know more I can come and show you how it works with no commitment. Just an ambition to get better. https://lnkd.in/eUreHtwF
Darren Hitchcock
https://www.eosworldwide.com
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-📈 Want to scale fast? Double, triple, or even quadruple your business in the next 12-18 months. -🤝 Strategic growth: Learn how we’ve used partnerships and M&A to transform our business in just four years. -💼 Ready to level up? If your business is making £500K+, let’s talk about reaching 7 or 8 figures. #BusinessGrowth #MergersAndAcquisitions #StrategicPartnerships #ScaleYourBusiness #EntrepreneurTips #LevelUp #SevenFigures #EightFigures #MessageMe
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Life is a puzzle, and sometimes others solve it for you! Building a business in this competitive world is like covering a long mile. But if your business partner or #cofounder walks with you inch by inch, they will solve many puzzles for you. Here, I am giving full credit to my #businesspartner for clearing out the hurdles where I was stuck. And with our combined efforts, I am confident we will bring our business to the shining stars in the upcoming years. Hats off to all the #founders, co-founders, and business partners for sharing each others' responsibilities and making things work for the whole #business. #Comment down if you also want to share #gratitude for your business partner!
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Let me tell you a little story about a business breakup that actually WORKED. I have NEVER met a business partnership that worked. Ever. Sorry to burst your bubble if you feel that on a cellular level but it’s the truth. Earlier this year, I worked with some clients that started off as partners. To be honest, it never felt quite right. Like walking around with a rock in your shoe. Slightly uncomfortable. After months of iterating and iterating on how to lead together, we came to the conclusion that partnership was no longer a full hell yes for everyone. Fast forward to now. One of them is the full CEO and the other still works there and is thriving. I share this story for many reasons, but ultimately it is this: if it’s not a hell yes, then it’s a no. Don’t force it. Don’t try to negotiate it. And ultimately, a little hard and awkward today is often worth peace tomorrow. Is there something in your business that isn’t a hell yes that you keep hanging on to? Then it’s time to let that shit go. Give this post a heart if you agree. #getshitdone #kelseymarieknutson #kpiordie #ceocoach
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Ready to level up your biz game? Dive into the Jeremy Harbour – WIBO Course and unlock the secrets of business acquisition and growth! 🚀💼 Check out the details or grab your spot now: https://lnkd.in/extXeJN8 #EntrepreneurLife #BusinessSuccess #LevelUp
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Uncover the secrets to a successful business exit by prioritizing your team. In the latest episode of 'The Ins and Outs of Selling a Business,' we sit down with members of the Osage team to emphasize the significance of a robust, dedicated team in the sale of your business. Join us as we explore the intricate puzzle of selling a business and why your team completes the picture. (Team members Jim Young, William Wilcoxson and Philip Dee) #mergersandacquisitions #investmentbanking #sellyourbusiness Watch here: https://lnkd.in/dVdUhmTs Listen here: https://lnkd.in/dhViBen3
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