Are you sitting on untapped wealth and opportunity in your business? Wealth that won't be extracted if you sell your business outright?
Maybe you still enjoy working in your business but want to work on the parts of the business you enjoy or are good at? Or do you simply want more free time? If you are committed to leaving a strong legacy behind you don't want to leave it to the wrong people. A professionally facilitated business owner transition could be what you need. Achieve your goals through Platform 1 finding a talented person to work alongside you, help grow the business and buy you out gradually.
With Platform 1's expert business succession planning, you can enjoy the future you've always wanted.
We’ll help you get positioned to work only on those parts of the business you enjoy or where your skills are most valuable. At the same time, we’ll help you plan and implement a staged exit that delivers you more wealth than an outright sale could ever achieve.
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Does your business have opportunities that you haven't yet been able to capitalise on? A fresh injection of talent and capital could take your business to the next level and achieve its potential.
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Bringing a skilled person with capital to work in your business can often help take it to the next level and make your vision a reality.
Read MorePlatform 1 finds a talented leader who agrees to buy into the business as part of a gradual transition so you can free up time, grow wealth and improve your lifestyle.
With early phase or growth stage businesses, Platform 1 finds the people with both capability and capital to partner with you and help drive your business to the next level.
Platform 1 can structure the ownership transition using its proven process to maximise the probability of success.
"In this Podcast Craig Oliver talks to Rob Young & Mike Warmington of Platform 1 about Business Owner Transition and how Platform 1 is helping not only business owners successfully exit their business in a profitable and structured way, but also how their model allows motivated individuals to gradually buy into a successful business and continue to build on its legacy.
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"There are a variety of reasons why you may consider exiting your business. From our experience it is often not all about a business owner just wanting to do a" financial transaction". Leaving a legacy is important to almost all the business owners we see whether they initially realise it or not. When and how to exit your business is an emotional decision with several variables in play:
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"If you headed to the beach this summer you would have seen many great baches and beautiful boats. What you may not be aware of is many of the owners of these assets are business owners, not accounting or law partners or CEO's. Much of the wealth evident at the key holiday spots is with ordinary people who had the conviction to get into their own businesses. There are great opportunities for talented entrepreneurial individuals to exit corporate life and take an equity opportunity in a smaller private business.
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"Scalable Businesses With Growth Opportunities in Short Supply In November 2021 Platform 1 conducted a market survey titled: Attitudes To Entering Business Ownership Following Covid 19. Data from this survey of potential future business acquirers shows that despite the pandemic, there is still not enough scalable businesses available. Over 65% of all respondents mentioned that they were finding it hard to find a scalable business with growth opportunities. This increased to 77% when measured only against those exclusively looking for a business. They also mentioned that many of the businesses available were too small.
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"The numerous lockdowns have been frustrating many business owners contemplating succession, particularly in Auckland. Some have delayed plans or been in a holding pattern. Others now however are taking the opportunity to start moving. The talent pool of people with capital is here now and they also are ready to move.
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