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If you are a business owner this PodCast is for you! It's all about turning businesses into saleable assets. Because a business that's "ready for sale" is well worth keeping! On these podcasts there are interviews with successful business owners, entrepreneurs, topic experts, business valuers and brokers and thought leaders on all aspects of growing businesses and turning them in to valuable, saleable assets. My background is as a business owner, business broker and business owner mentor and I put all that experience together here to benefit other business owners. I believe you can build a business as if you are going to keep it for ever, but could sell it tomorrow. Give yourself OPTIONS because one day you WILL exit your business. Subscribe now and become a business owner taking action - which just happens to be the name of my business owner membership groups. Checkout my website at businessreadyforsale.com
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Send us a text I get frustrated and need to have a rant. I would pull my hair out - if I had any left! If you enjoy this episode or have a question or comment, use the text link above this description. This is one of those times. This time it was triggered by a conversation with a business owner who was wondering why business brokers weren't getting back to them after their initial call. I tried to explain to the owner what the problem was but I don't think the message got home. In this sho...
Send us a text Starting a business can be an exciting and rewarding experience, but it's important to consider the end game before you even begin. Planning for the exit strategy is a crucial part of the business planning process. It's important to determine how you plan to exit the business before you even start. This will help you make decisions about how to structure your business, what resources to invest in, and what goals to set. This podcast is as much about "thinking" as it is about ...
Send us a text When it comes to selling a business, having good documentation is crucial. Detailed and well-organized records not only make the selling process smoother, but they can also increase the value of the business. In this podcast (which is also available as a blog post at johndenton.com.au), I'll explain how to document a business ‘ready for sale’ and the types of information buyers will be looking for. I cover 10 areas where you need to have good uptodate documentation. This is no...
Send us a text In this episode I tell my story of selling a registered training business I owned with a partner and how we got it all wrong and failed to sell. Then, with good advice and being better prepared, we were able to sell quickly, easily and got 20% more for the business. When you start the process to sell your business, think of it as being like stepping out onto a ski jump. Once you get started there is no turning back. Emotions can take over and the momentum builds and life speed...
Send us a text These short episodes are my education series where I explain various elements of getting a business ready for sale and the sale process itself. This first episode is where I give 3 reasons why you need to be getting your business ready for sale all the time, 3 tips on the things to start working on NOW and all of this in just 3 minutes. Remember, a business that's ready for sale is well worth keeping. Go here to VISIT MY WEBSITE for more episodes and information If y...
Send us a text This episode is a bit different and is a discussion between two people coming up with their insights around some of my various online content. I think this style of audio is easier to learn from but I'd love to get your feedback. Here is an overview of what is discussed: John’s Content sources highlight that a lack of knowledge and preparation in business transactions can lead to significant mistakes and ultimately "bad deals" for both buyers and sellers. Avoiding Mistakes and ...
Send us a text When a business owners begins to build a team and bring people in to their business, wether full time, part time or on contract, they underestimate the importance of leadership. Often business owners don't see themselves as leaders. Leadership and management are two different but essential skilss required to scale up a business. Leaders inspire while managers control. You lead people but manage things. Both are essential for a business to be successful. On this podcast ...
Send us a text First impressions are extremely important when you put your business on the market for sale. A big part of that first impression is your branding. Not only does good 'strategic' branidng help with the sale it is a major factor in growing a business and scaling up. This episode is the audio from a webinar I had with Tracy Fryer, a very creative lady and owner of Design Studio Perth. You can WATCH THE WEBINAR HERE. Get a copy of TRACY'S SLIDES from the webinar. Complete Tracy's...
Send us a text In Episode 25 I was a guest on Leigh Farnell's podcast "Leading Your Best Life". We discussed many ideas and experiences of doing business and selling businesses. That episode went for an hour and a quarter (have a listen to it if you haven't already). At the end of it, we recognised that there were so many more things we could discuss that would help business owners so we agreed to do a part 2. This episode is a recording of part 2. We share experiences and case studies to hi...
Send us a text If you enjoy this episode or have a question or comment, use the text link above! In this episode I feature Katie van Heek the owner of Health Intent as we look at how to recognise mental health issues in business and how to handle them. It is a recording from a webinar we did and the slides are available at Katie van Heek Slides. Mental health issues are becoming more prevalent in life and business. There is a lot more awareness now and with that comes more help to deal appr...
Send us a text Your business should be a vehicle to help you have the life you want and deserve. This podcast is a recording where I was interviewed by Leigh Farnell for his "Leading Your Best Life" podcast. If you enjoy this episode or have a question or comment, use the text link above this description. Leigh is a very experienced business coach and sales trainer. He works internationally as well as in Australia. We have a lot in common with respect to our learning over the years having cr...
Send us a text My guest on this podcast is Amanda Rowe. Through her own needs as a mum, Amanda saw a gap in the market for a product for feeding and connecting with babies. She created a product and realised there was potential to make this into a business. In our discussion, we cover everything from having an idea, creating a product, getting a product manufactured, funding growth through grants, patents & trademarks, dealing with investors, taking a product overseas and so much more. M...
Send us a text Partnerships are like aircraft. The only ones you hear about are the ones that crash. I keep telling business owners this because when I say to them that getting into a partnership or combining their business with someone else may be a way to grow their business or exit their business, they tell me “I'm not getting into a partnership, they don't work.” Partnerships can work if you go about things the right way. I know that because I was in a very successful partnership some ye...
Send us a text I love it when I get interviewed for someone else's podcast because then I know I am talking about things that interest someone else. Whilst a lot of questions I get asked when speaking with business owners are the same questions, it's also the case that every business is different and every owner has their own personal circumstances and their own questions. Hence, being interviewed brings things out that may otherwise not be discussed. Enjoy this episode where I cover many thi...
Send us a text When it comes to valuing a business, generally profit comes first. There is a top-selling book called Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz. Amy Bett, in Victoria, Australia, is the founder of Lady Without Limits, co-founder of kava-based beverage company Drink Melo, and a Profit First Professional. Amy used the Profit First method of managing her business cash flow and created a very successf...
Send us a text Another in the business ready for sale podcast series from me, John Denton. In this episode, I am joined by Tony Monisse of Breantnalls WA - an accounting firm with a difference. If business owners look at their financials at all, it tends to be their profit and loss reports. However, when it comes to selling, smart buyers are going to study the balance sheet because it says a lot about the business and how it has been run. In this audio recording of a podcast with Tony...
Send us a text A podcast from my webinar with Juan Perez, IP lawyer with Quest Legal in Perth, Western Australia. For most small businesses with profits under $500,000 dollars, the industry standard for values is to use an adjusted maintainable net profit for a single owner-operator. However, sometimes there is "hidden value" in a business in the form of intellectual property (IP). Intellectual property (IP) in a business refers to any original creation of the mind, such as inventions, lite...
Send us a text Search Engine Optimisation (SEO) has been getting a bad name recently due to some agencies charging clients a lot of money for something that seems like black art. Some members of my Business Owners Taking Action group have been paying lots of money and unable to see a return on investment. I sourced Marc Moeller of ecomexperts.au as a credible and no BS SEO expert. This podcast is a recording from a webinar that I did with Marc. Marc covers: Stop wasting money on SEO that does...
Send us a text Following my last podcast talking about "Vital Cyber Security Tips for Businesses", the question keeps coming up "Can I get insurance to cover me if I get hacked or if I'm the vicim of a scam?" On this 10 minute podcast Jody Williams, insurance broker here in Western Australia and a member of my Business Owners Taking Action group, answers that question. Both the Charlie Spephens and Jody Williams videos are available on my website. See details below. Jody is passionate about...
Send us a text This episode in my Business Ready For Sale series is a recording of a webinar I did with Charlie Stephens, owner of Domain Digital. You can watch the full webinar recording and other videos at my website JOHNDENTON.COM.AU From Charlie's website: As technology continues to improve and more of our assets become electronic, the opportunities for a cyber security threat are increasing. As a business owner, it is your responsibility to ensure the data moving within your organisatio...
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