Get the lifestyle, job satisfaction & financial security you want. Without selling up!
We've marked as blue dots on the playbar when Mike covers each topic.
Most recruitment company owners dream of selling their business and retiring on the proceeds. However, extensive research by Ryecroft Glenton, discovered that only 0.2% of recruitment companies are exited in a trade sale.
This means you can't rely on selling your business to make yourself financially independent.
Luckily there is an easier and safer alternative to achieve financial independence: make your recruitment company into a cash-cow-lifestyle business.
That’s what we’ll be exploring in this webinar: -
֍ How a cash-cow-lifestyle business is different from a scale-for-sale business
֍ How to know if your business is likely to be saleable or not
֍ The steps you need to take to build one
֍ How you know when it's big enough to do what you need
֍ Can you turn a cash-cow into a scale-for-sale business?
֍ How to exit your business and take a lump-sum without a trade sale.
You see, a cash-cow-Lifestyle business is organised to maximise profits which you can then take out and invest privately rather than reinvest for growth. So each year you take a step closer to your goal of financial independence.
Lawyers, accountants and even dentists have been doing this for years. Now it's the turn of recruitment company owners. A cash-cow-lifestyle business is also organised to allow the owner to enjoy a much better work-life balance. Best of both worlds.
Oh, and if built correctly you still stand a very good chance of exiting with a lump sum of cash at the end, possibly even tax-free!
Not to be missed if you own your own recruitment firm and want to make sure that one day it makes you financially independent (wealthy)