skip to Main Content
Increasing Business Value
Increasing Business Value

INCREASING BUSINESS VALUE

A seemingly simple question of ‘worth’ for a family and business leader can reveal a great deal. Worth isn’t always a financial value, especially to a family business. Legacy, status, purpose and identity are often highlighted as elements of worth.

Increasing Business Value

Understanding Worth

In addition to knowing what we mean by ‘worth’ it’s also important to recognise what a family business is worth, financially, practically and emotionally, to the full range of stakeholders. Employees, suppliers, customers, family, shareholders, founding generations and future generations, all place different meanings to this.

IF YOU’RE NOT ADDING VALUE TO THE BUSINESS EACH YEAR, EVEN BY STAYING STILL, YOU’RE HEADING THE WRONG WAY.

Increasing Business Worth - plant in the hand

Adding value

Of course, value doesn’t have to mean revenue or even profit, as value can be in terms of investment, relationships, development and funding growth. What’s most important is that everyone shares an awareness and can align to views of value, worth, investment and debt. This will be from training and human capital development through to strategic or organic growth.

The question of “what is the family business worth?” is vitally important for everyone and by being addressed it can open up trust and understanding as well as guiding strategy, budgets and ultimately success.

Increasing Business Worth - plant in the hand

Considerations

Barriers to GrowthHave you identified a strategy for growth in the future?

Barriers to GrowthDo you have any idea of what your business is worth to aid future decision making?

Get in touch

For assistance in understanding how your business is valued, the factors that add value to your business and how these can be delivered, please contact us.

Back To Top
×Close search
Search