Business Model Tools


Business Model focused on strategic areas within the business.

 

}You can use the canvas to describe, design, challenge, and pivot your business model. It works in conjunction with the Value Proposition Canvas and other strategic management and execution tools and processes. 
  • Achieve your professional business goals  
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  • Leverage past experiences 
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  • Design and execute your Business Continuation Plan to accommodate change, the expected and unexpected  
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  • Answer critical transition questions:  
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  1.  What does financial freedom mean to me?
  2.  How will I ensure a smooth transition to the next generation? 
  3. Will  the  business go in new directions or maintain the status quo? 
  4. How do I get the greatest value from my business? 
  5. If my business is sold, what happens next? 
  6. How do I introduce successor(s) to key clients, vendors and financial resources? 
  7. How do I balance family & business priorities?

Business Succession -
 
  • The business succession process can take 3-5 years to complete.  
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  • Forward thinking business owners take the time to explore options and work with professionals to ensure business continuity, financial security, and long-term family harmony.  
  • Issues to be considered include: 
  1. Elements that Influence Business Successions 
  2. Exit now or wait (until when)? 
  3. Ways to Increase Business Value
  4. Key Players in the Deal Making
–            Commercial & Investment Bankers
–            Appraisers (business and equipment)
–            M&A Accountants
–            M&A Attorneys
 
  •  Determine the Value of a Company
     
  • Why do buyers buy, who are they, and how to find them? 
 
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