{"id":5310,"date":"2023-03-12T12:06:30","date_gmt":"2023-03-12T18:06:30","guid":{"rendered":"https:\/\/sunbelt.la\/10-actions-that-will-boost-the-value-of-your-company-2\/"},"modified":"2023-03-12T12:06:30","modified_gmt":"2023-03-12T18:06:30","slug":"10-actions-that-will-boost-the-value-of-your-company","status":"publish","type":"post","link":"https:\/\/sunbelt.la\/en\/10-actions-that-will-boost-the-value-of-your-company\/","title":{"rendered":"10 Actions that will boost the value of your company"},"content":{"rendered":"

If your goal is to build a more valuable company in 2021, here are some New Year\u2019s resolutions to consider:<\/p>\n

    \n
  1. Stop chasing revenue.<\/strong>\u00a0A bigger company is not necessarily a more valuable one if the extra sales come from products and services that are too reliant on you to deliver them.<\/li>\n
  2. Start surveying your customers using the Net Promoter Score methodology.<\/strong>\u00a0It\u2019s a fast and easy way for your customers to give you feedback, and it\u2019s predictive of your company\u2019s growth in the future.<\/li>\n
  3. Sell less stuff to more people.<\/strong>\u00a0The most valuable companies have a defendable niche selling a few differentiated products and services to many customers. The least valuable businesses sell lots of undifferentiated products and services to a concentrated group of buyers.<\/li>\n
  4. Drop the products or services that depend on you.<\/strong>\u00a0If you offer something that needs you to produce or sell it, consider dropping it from your offerings. Services and products that require you suck up your time and cash and don\u2019t contribute significantly to your business\u2019s value.<\/li>\n
  5. Collect more money up front.<\/strong>\u00a0Turn a negative cash flow cycle into a positive one and you boost your business\u2019s value and lessen your stress load.<\/li>\n
  6. Create more recurring revenue.<\/strong>\u00a0Predictable sales from subscriptions or recurring contracts mean less stress in the short term and a more valuable business over the long run.<\/li>\n
  7. Be different.<\/strong>\u00a0Refine your marketing strategy to emphasize the point of differentiation that customers value. Be relentless in highlighting this advantage.<\/li>\n
  8. Find a backup supplier for your most critical raw materials.<\/strong>\u00a0Consider placing a small order to establish a commercial relationship and diversify the sources of your most-difficult-to-find materials.<\/li>\n
  9. Teach them to fish.<\/strong>\u00a0Answer every employee question of you with \u201cWhat would you do if you owned the business?\u201d Your goal should be to cultivate employees who think like owners so they can start answering their own questions without coming to you.<\/li>\n
  10. Create an instruction manual.<\/strong> Document your most important processes so your employees can do their work independently.<\/li>\n<\/ol>\n

    At Sunbelt Central America we help you make your company a more valuable one.\u00a0 In the Value Builder Program, we work directly with you in the creation of a strategic plan to grow the value of your business. The basis of the methodology are the 8 Value Drivers, determining factors from the investor\u2019s point of view.<\/p>\n

    Source: Sunbelt Business Brokers<\/p>\n","protected":false},"excerpt":{"rendered":"

    If your goal is to build a more valuable company in 2021, here are some New Year\u2019s resolutions to consider: Stop chasing revenue.\u00a0A bigger company is not necessarily a more valuable one if the extra sales come from products and services that are too reliant on you to deliver them. Start surveying your customers using […]<\/p>\n","protected":false},"author":1,"featured_media":5311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-5310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grow"],"yoast_head":"\n10 Actions that will boost the value of your company - Sunbelt Central America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sunbelt.la\/en\/10-actions-that-will-boost-the-value-of-your-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 Actions that will boost the value of your company - Sunbelt Central America\" \/>\n<meta property=\"og:description\" content=\"If your goal is to build a more valuable company in 2021, here are some New Year\u2019s resolutions to consider: Stop chasing revenue.\u00a0A bigger company is not necessarily a more valuable one if the extra sales come from products and services that are too reliant on you to deliver them. 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