Life as an entrepreneur can be tough. In the UK, 20% of start-up businesses fail in their first year, with only 40% surviving three years later. Paul Seabridge, a natural born entrepreneur, with nearly two decades of business, merger and acquisition expertise, believes that rather than starting a business, the greatest opportunity to generate great wealth today is actually through of doing business with baby boomer-owned SMEs. ‘ and building a business from there.
Baby boomers by definition, people born between 1946 – 1964, own approximately 40% of small businesses and franchises in the US. With recent figures showing that 12,000 people from the baby boom generation are turning 65 every day in the UK and US combined, many are looking to start their retirement and may want to find a buyer for their business. According to Paul, this creates a window of opportunity for the ambitious entrepreneur.
In Buy, Build, Sell, Paul shares his tips for buying or starting a business and building it to its full potential. Based on his experience as a global entrepreneur, private investor and corporate advisor, this is an essential read for new entrepreneurs and seasoned business owners alike.
Buy, Build, Sell is accessible and informative, incorporating the lessons Paul learned in buying his first company and starting his first business with advice on key areas to focus on to improve merger, acquisition and business performance. The book covers many important topics, such as ensuring financial success through capital events, reinvesting assets and creating passive income streams. It also delves into the day-to-day running of a business: attracting and nurturing talent, boosting sales and company profile, productivity measures and the basics of finance and accounting. After that, Paul sets the reader up to facilitate further growth of their business, through the process of mergers or acquisitions or taking the company public, and at the same time, ensuring that the company remains high performing.
Throughout Buy, Build, Sell, Paul shares both his passion for creating successful companies and provides step-by-step instructions on building businesses as a means of building wealth. He believes that with a proactive mentality and can-do attitude, success is within anyone’s grasp. Buy, Build, Sell is the only guidance and support an ambitious entrepreneur could ever need.
Buy, Build, Sell is published by Rethink Press and available on Amazon
This was posted in the Members’ News section of AmbitionPR of Bdaily.