How to value, build and preserve a business in turbulent times?Or my business to value build and prevent in trouble times.

1. BUSINESS
A IN
VALUE, BUILD & PRESERVE
TURBULENT TIMES
Tuesday, 23 July 13

2. How do you know you are
in turbulent times?
• High or stiff competition from
other businesses with similar
goods and services.
• Low consumer confidence
which leads to reduction in
consumer spending.
• Change in consumer preferences and habits
Tuesday, 23 July 13

3. • Climate or weather changes
that may adversely affect
buyer behavior.
• Sudden rise in the cost of
p r o d u c t i o n o r d o i n g
business in a given region.
How do you know you are
in turbulent times?
cost of production
Tuesday, 23 July 13

4. • Political uncertainty
w h i c h l e a d s t o a
reduction in consumer
confidence.
How do you know you are
in turbulent times?
• Businesses are unsure
of where government
stands on particular
critical issues.
Tuesday, 23 July 13

5. Tips For Turbulent Business Owners
• Broaden you product
and service offering
so that you are not
reliant on one or two
major products or
services.
• Broaden your client
base so that you are not
reliant on one or two
m a j o r c l i e n t s . I f
p o s s i b l e n o c l i e n t
should be more than
15% of your business.
Tuesday, 23 July 13

6. • Have a good mix of full-
time, part-time, casual
and outsourced staff. That
gives you flexibility with
staffing arrangements.
• Review your suppliers and
look for savings. Is there
a more competitive price
telephone supplier? Can a
bookkeeper do part of
what your accountant is
currently doing?
Tips For Turbulent Business Owners
Tuesday, 23 July 13

7. • Preserve the quality of your service
so that you are not as reliant on
price to compete. In recessionary
times, prestige goods and services
generally maintain their volume.
• Relationships really matter when
things go wrong. So always keep a
good relationship with your
customer and your suppliers.
Tips For Turbulent Business Owners
Tuesday, 23 July 13

8. You always need a
business broker to
assist you in this
process. However, in
turbulent time the
need for a skillful
professional advisor
is even greater. It
could mean the
difference between
selling and not
selling.
Tips For Turbulent Business Owners
Business Broker
Directory
Tuesday, 23 July 13

9. Maximise Business Value
For help in maximising your business value
take a look at our products here
http://bc.com.au/maximise.html
Tuesday, 23 July 13

10. For Advice On Your
Business Valuation Or Sale
BCI Business Brokers
Tony Arena (Managing Director)
3/1 Alexander Street, Crows Nest, NSW, 2065
Phone: +61 2 9439 3399
Mobile: +61 411888148
Email: tarena@bc.com.au
www.bc.com.au
Tuesday, 23 July 13

11. For A Free Consultation On
The Value Of Your Business
Visit our website:
www.valueabusiness.com.au
Tuesday, 23 July 13