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How SYSTEMS increase your business value

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About How SYSTEMS increase your business value

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Download my free Business Buying Toolkit - https://bit.ly/499Zk1L Find out how to buy a business without risk - https://bit.ly/3VRmViX Systems and processes are essential to a well-run business. Businesses built on robust systems and processes are more consistent, more valuable, and are exactly the kind of businesses Private Equity firms look to acquire. As a dealmaker, buying a business with systems in place is essential to remaining at arm’s length from operations. The sad truth is that most businesses do not have systems in place. While that may sound like a deal breaker, it may actually offer an opportunity to increase business value. As business growth expert Andy Hemming said in a recent interview I recorded during the Dealmakers Retreat, good systems create long-term value – you can build the system once and get paid forever. We have published the full interview on our YouTube channel. Andy explains the importance of asking good questions when buying a business to discover whether it has robust systems in place and what to do if a business lacks processes. If you are in the process of acquiring a business or you are looking to buy your next business soon, watch this interview to understand the value of getting this right. In this video, you will discover
 - Why Private Equity looks favourably on businesses with systems in place (and why robust systems make a business more attractive to buyers) - Why asking good questions at the due diligence stage of acquisition can uncover the presence – or lack – of systems in a business - Why the lack of systems in a business should affect the valuation of a business (but also provide an opportunity once the deal is done) - Why most businesses don’t “own” their processes (many rely on team members to bring their own processes to the business) - Why it is important to look at the causes of problems in the business, rather than the effects #businessgrowth #businessacquisition #buyingabusiness

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