- more cash in the bank
- less bank interest to pay
- pay your own suppliers on time
- easier to expand
- less complex corporate funding
- smiles all round
Benefits: increase your sales
- more customers
- stronger pipeline
- more visible sales progress
-
more relevant information for management
- better prices
- more
invoices
- smiles all round
Benefits: Improve Operations and Delivery
- checking contract profitability
- sending sales invoices out
earlier
- reducing delays during the contract
- satisfying ISO9000
requirements
- improving customer satisfaction
- smiles all round
Yoolaa is a concept. Yoolaa allows for a new way of working for SMEs. Yoolaa allows you and any of your team to work wherever is most convenient as Voice and Data are provided at the same time. Your lap top or your PC with Yoolaa brings together your office telephone system and your corporate business system.
Yoolaay Pathway to Success -
Step 7 Formulate your exit strategy
Throughout the Yoolaa Pathway to Success your Yoolaa business mentor has been working with you to build your business to give it more value.
In doing so your business has overcome its initial constraints and given you the time to delegate responsibility for key activities, to build and to prove your management team.
The objective now is for you to give yourself the
choice of alternative exit strategies, so that rather than closing the business,
your business can move positively forward namely:
• sale to a third
party, normally described as a trade sale,
• sale to your management
team
• sale to your family for family succession
• a public
float
In all these circumstances you will need to be able to show:
• a strong company with a healthy level of
sales
• year by year increases in profit
• accounts which are in
order, up-to-date and give a true picture of your
business
• confirmation that your business complies with Health &
Safety and other applicable laws and legislation
• a good spread of
customers
• all your Intellectual Property Rights are well
protected
• key suppliers or key elements in your delivery have long
term contracts and these are well-protected
One of the key decisions will be for you to decide how much involvement you want with the new owners. With a sale to a third party, they will normally look for an on-going commitment for two or three years, indeed the value you receive for the business may depend and may be mandatory for the sale to succeed.
Sometimes the involvement will be at Chairman level or non-executive director level, though with your management team and with your family they may be looking for a closer relationship before it really becomes ‘arms-length.’
All these differing circumstances and arrangements can be managed more easily because of the key performance information being delivered to you regularly and accurately wherever you are, because also you can directly access the underlying information from wherever you are and because you can still be part of the business telephone system whenever you want.
So let’s get on with it, let’s finally make all this come together for you, good planning is essential so that you can exit on your own terms.
5
Yoolaa eLink Systems
- especially for new businesses
- eLink Team, The core system.
- eLink Yoolaa business management system
- eLink Taskcentre, alerts and reports
- eLink Helpdesk
VoIP Advantage telephone PBX. across all your offices & wherever
Yoolaa Mentoring Services
5. KPI Key performance indicators
6. Delegate confidently and successfully
7. Formulate your exit strategy
