Author Description

The first edition of 'How to Increase the Value of Your Business BEFORE You Sell...and Make it More Profitable NOW' quickly rose to number 3 in Kindle Business Books. In this 2nd Edition, Lorraine McGregor helps you determine whether your company is saleable and how to get the most out of your years of hard work. Did you build your company to be a lifestyle business or one that will give you a big return on your investment - a wealth building company? If your intention is to be able to sell your company one day, you need to throw out what you believe about succession planning. It won't get you a saleable business. And waiting until the year you want to exit to start preparing has proved disastrous for 90% of the owners who take this route. All this despite the fact that there are trillions of dollars available for acquisitions today. There is a reason most businesses don't find buyers and Lorraine McGregor explains in clear terms why boomers are failing to get the exits they've been counting on. In layman's terms, she spells out exactly what must be done inside the company now, to get that big pay day whenever the owners want to exit. Ms. McGregor describes the system of success that she has used with numerous businesses to set them up to become more profitable and exactly what a buyer is looking for. Filled with inside information from the mysterious world of corporate finance, this book should be required reading for any business owner counting on retiring wealthy one day.