FREQUENTLY ASKED QUESTIONS
WHY DO WE NEED EXODUS?
This is a commonly asked question and the answer is very well founded.
Business owners are generally overwhelmingly occupied running the business and do not get the time or space to work "on" the business as to opposed to the most common situation, which is working "in" the business.
The critical elements for running and growing a business are often parked or given less attention which has a huge impact on the financial performance of a business.
Exodus approach a business situation with clear and objective thinking and provide three hours of free consultation to uncover the areas that are underperforming and give the owner confidence in the process that we provide.
WHY DO I NEED AN EXIT PLAN?
Most businesses do not have an exit plan or fully understand the necessity for one.
Why would someone spend years building a business and not have a plan in place for succession, an internal buy-out or the actual sale of the business to an external buyer?
Having a documented plan is the basis of any initiative for exiting and provides a reference point for the stakeholders and their families.
WHAT DOES IT COST TO ENGAGE EXODUS?
Exodus Consulting fees are derived from the growth of the business revenue. Our fees are calculated considering the current performance but are more widely focussed on future growth where we share in the profits.
Our objective is to ensure ongoing growth and to bring efficiencies to the business which will increase the bottom line.
"Price is only ever an issue in the absence of value" and our value proposition will give full confidence that the investment is not only affordable, but absolutely necessary.
HOW LONG DOES IT TAKE TO GET SALE-READY?
This depends on the current financial situation of the business and the client requirements. To get a business up to optimal performance is often a journey which can be a year but often longer, however the benefits are both huge and demonstrable. When strong sustainable financial performance is achieved the business is finally "groomed" for sale and presented to buyers with the memorandums and financial performance evidence.
WHY DO I NEED AN OPERATIONS MANUAL?
An operations manual is really the "blackbox"of the business. The majority of businesses do not have one surprisingly. This is a safeguard incase of some unforeseen tragedy, a change in health circumstances and or staff restructuring. This document contains micro detail ensuring the operation of the business continues without any hitches.
IS MY BUSINESS INFORMATION KEPT CONFIDENTIAL?
The answer is unequivocally yes! Your business information is kept secure as absolute confidentiality is paramount. We do not share, discuss or divulge unless authorised to do so.