The Beginning of the End
A practical guide to retirement preparation for the small business owner
Dr Terri Bourne
Description
***BUSINESS BOOK AWARDS 2021 SHORTLISTED TITLE***
It’s never too early to start thinking about how you’re going to exit your business.
The Beginning of the End guides you step by step through thinking about your options and preparing both mentally and financially, to setting up your business to sell as simply and profitably as possible.
As you discover more about your business’s potential, you may decide to take an alternative route to retirement – fretirement, retiring from your business without selling it. This book helps you to consider all your options.
Dr Terri Bourne, entrepreneurship expert and business owner for over 20 years, shares her experience and insights to assist business owners in successful retirement and exit planning.
Reviews
This book has come at the perfect time for me. I’ve been thinking about how to approach retirement for a couple of years and it’s really helped to focus my thinking. There’s a wealth of practical advice to help me prepare myself and my business for the next phase. It’s also given me options I hadn’t thought of, like ‘fretirement’, which is when your business works for you but you don’t have to do the work. I’d recommend this book even if you’re not ready to retire yet because it helps set up your business and gets you in the right frame of mind for when it is on the cards.
Amazon.co.uk
As a business owner that is “winding down” I got enormous value from reading this supportive and insightful guide
Here is an easy but compelling read that takes you by the hand and leads you through the vital questions you must ask yourself to decide on your best move.
You will learn things about yourself, and what work really means to you. Then you can explore what each option really means to you and some intriguing possibilities for your future.
Whatever you choose you will find useful tips and support to make it happen
Amazon.co.uk
Contents
Preface…………………………………………………………………….. v Introduction……………………………………………………………vii Phase One: Analysing your options……………………… 1 Chapter One – Key questions to consider…………………..3 Chapter Two – Factors influencing your decision to sell..31 Phase Two: Preparing to sell your business ………… 51 Chapter Three – SWOT to sell………………………………….53 Phase Three: Assessing finances…………………………. 75 Chapter Four – Business finance………………………………77 Chapter Five – Personal finance……………………………….95 Phase Four: Organizing your processes…………….. 119 Chapter Six – Streamlining your systems……………….121 Chapter Seven – The Three Folder System …………….131 Phase Five: Making a decision…………………………. 159 Chapter Eight – To sell………………………………………….161 Chapter Nine – …Not to sell………………………………….175 Conclusion…………………………………………………………….199
Editions
FORMAT / ISBN / PUBLICATION DATE / RRP
Paperback / 9781788601887 / August 11, 2020 / £12.99
Ebook / 9781788601870 / August 11, 2020 / £7.99
Paperback and eBook Bundle / £14.99
Authors
Dr Terri Bourne
After a successful career in teaching and school management, Terri Bourne fulfilled her ambition to set up her own business. Enjoying the challenge of starting a business from scratch, she went on to set up 7 different ventures over a 10-year period, all running concurrently, one of which had 16 branches.
Terri focused on building good staff teams, developing bespoke staff training and devising business systems to take each company forward. An advocate and practitioner of life-long learning, she gained a Masters in Human Resource Management to further understand successful team management, her research speciality on the work-life balance of entrepreneurs.
Experienced in running more than one business herself, Terri later researched portfolio entrepreneurship whilst gaining a Doctorate in Business and is still an expert in this niche academic field.
Terri has been a guest speaker at business groups in the north west, covering a variety of topics, including systemizing your business for growth, work-life balance, and portfolio entrepreneurship.
More recently, Terri has turned her attention to look at exit planning, retirement and beyond. Her current research has shown that many business owners concentrate their efforts on building and running their businesses but fail to look at how to exit them in the best possible way.
