Small business operators
We help small business operators document their systems and IP for when they wish to sell their business.
It takes time to get ready to sell a business, and any new prospective buyer, is going to want to see that you have your systems and processes documented. They want to know that they are going to be able to continue the business when you leave.
More often than not, when staff leave, they take the intellectual property (IP) with them. This is a real risk for small business operators, who often don't have the time to re-train or up-skill new staff. Further, we have come across incidents where other people didn't even know what the staff member did in their role, so by the time they left, it created a huge gap in process flow of day-to-day operations.
The smartest option, is to be ready. This aspect of running a business is mostly put on the back-burner by smaller businesses as it is often seen as an expense or 'nice to have'. However, it is actually a real value-add to the integrity, operational viability and saleability of your business.
Here's how we can help you:
This is not about been information laden or document heavy right at the time you are going to sell your business, but more to a level that is expected by prospective purchasers.
Once they have expressed an interest in your business, it may be too late to try and pull this together in time.