Financial Acumen & Business Valuation
Problem: Many business owners have no idea of what their business is worth or why.
This means they are flying blind on whether what they are doing is adding or subtracting to their future wealth and what that future wealth could be.
Wouldn’t you love to know what your business is currently worth? Most people have no idea of the worth of their business asset and why. One of the first things we like to do is to help you understand this. There are three great reasons why this is a very worthwhile process to do:
- It will get you thinking about your business differently
- It helps you understand the mechanics of what drives your business’ value (and therefore where to focus to improve)
- It gives us a baseline measure of what the business was worth when you started coaching and where it has subsequently moved to as a result of coaching.
Knowing how to read the financials of your business is a critical skill that helps ensure the business maintains success. We understand financial acumen doesn’t come naturally for some business owners. Having a good understanding of your numbers is only part of the financial acumen needed to run a business. Our coaches help guide and support business owners to ensure they are looking at the right figures at the right times.
For find out how what your business is worth, please call our Performance Coaching team on 1300 764 200 or email.