Most business owners won’t pay attention to the real things that increase value in their business until it’s too late. It’s time to sell or retire and REGRET!

What if you could focus on all the right things now and have plenty of time to integrate all the things in your business that consumers love, will help grow your internal culture and make you wealthy when it’s time to sell the business?

Well let’s do that! Listen to Episode 19 of The Growth Engine Show with Trice Alford and Ryan Parshall and “Start Your Engines”!

Here’s our list of the TOP 10 Ways to Build Value:

1. Healthy Cash Flow: Stop milking your business dry for tax purposes.

2. Owner’s Benefits: Get a lot out of your business and make it worth it.

3. Build Recurring Revenue: Stop the one-off project/service cycle.

4. Big Contracts: Got some big clients? Make it contractual and win.

5. Customer Lists/Data: The #1 asset all companies should maintain.

6. Processes & Expertise: Create repeatable processes for success to follow.

7. Company Assets: Right size your liabilities and make sure they pay for themselves.

8. Build Leadership: grow a team of leaders that can run the company without you.

9. Own a Product/Territory: Try to negotiate or win marketable exclusivities.

10. Team & Infrastructure: Build a team of qualified people that are good at one thing.

This is my short-list and of course there are other factors that help your company get a raise in multiplying factor when it comes time to sell your business.

The truth is that companies usually do not excel at all of these items. But the more you can do, the better the payout when you list your business. Please join us and learn more about Healthy Brands Business Coaching and Brokering Services at www.healthybrands.biz