by Henchards - Building Business Wealth | May 23, 2022 | news
When talking with business owners about their future, one statement of the obvious is: at some point in the future you will no longer own this business. So why not plan for the best possible transition now? Your exit from your business can be a strategically planned,... 
by Henchards - Building Business Wealth | May 11, 2022 | news
Not many business owners have an exit plan. In fact, in our own experience, less than 10% do. So that kind of proves the point – if the majority don’t have an exit plan you don’t need one either. Take on the other hand less than 20% of business owners achieve the... 
by Henchards - Building Business Wealth | Apr 25, 2022 | news
You know that at some point you will no longer own or run your business – nothing contentious about that statement. You may not know quite how much you can influence how and when that will come about and therefore how well you and your family will be ready for... 
by Henchards - Building Business Wealth | Mar 29, 2022 | news
In April, we’re celebrating the 10th anniversary of our monthly business lunch. It doesn’t seem any time at all since we were setting out the idea to bring together business owners and create a relaxed, informal lunch event. We quickly settled on a formula and ten... 
by Henchards - Building Business Wealth | Feb 23, 2022 | news
When selling a house experts talk about ‘kerb appeal’ and in retail stores ‘window dressing’ is essential in attracting shoppers. In both cases the superficial objective is to make the house or shop contents look more appealing, but beyond that there are many... 
by Henchards - Building Business Wealth | Jan 24, 2022 | news
January is ‘that time of year’. Articles, advice and adverts extol the virtues of new diets, fitness regimes and lifestyle changes. Whether it is meat-free eating, gym membership or ‘dry January’ there appears to be something targeted at everyone to help them get into... 
by Henchards - Building Business Wealth | Nov 30, 2021 | news
We all know that the best results usually come from having a well-designed and executed plan. If your eventual exit from your business is important to you, your future and that of your family, you will want a good outcome. That, then, means having a plan. All too... 
by Henchards - Building Business Wealth | Nov 16, 2021 | news
How often have you received an approach from a company telling you they can help you to sell your business? Perhaps it offered you a place at a seminar or a ‘free consultation’ with an expert in valuing your company. Where did the letter or email go? Was it set... 
by Henchards - Building Business Wealth | Oct 20, 2021 | news
You head to the exit when the performance is over. There is a sense of finality, a transition from one state to another, perhaps a feeling that there is nothing more to see or do. But if you have more to achieve in your business the thought of an exit plan may feel... 
by Henchards - Building Business Wealth | Sep 27, 2021 | news
When is the best time to start your exit planning? When you are ready to sell or retire is too late, but can you start too early? The simple answer is ‘no’. To quote Stephen Covey, “To begin with the end in mind means to start with a clear understanding of your...