2020 Columbia Book of Experts

Page 10

ORGANIZATIONAL VALUE ARCHITECT

WeGetBiz.com a leader in helping businesses thrive by improving value Purpose: Improve lives by improving personal and organizational value (health)

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ou’ve worked hard building your business, and it seems to be doing well. Sales are strong; customers are happy. Then, one day, you find you need a loan, or investors, or need to sell due to health issues, or you want to retire. You may be shocked to learn that, despite those strong sales and a seemingly productive bottom line, you can’t sell your business for what you think it’s worth because the value isn’t there. You learn that you don’t dictate the value of your

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business, the buyer does. Sure, buyers look at sales and bottom line (tangible assets) but that’s only a small portion of the valuation equation. Buyers also look at intangible assets such as leadership (all leaders), quality employees, systems, and more. Therefore, the best objective measurement of business health is to value the business based on tangible and intangible assets – together, these determine an organization’s health. Why are healthy organizations valuable?

2020 Book of Experts | Special Advertising Supplement

Because when one walks into a healthy organization, they get a good feeling; everything feels right. This feeling is the result of quality intangible assets. There is no chaos; employees and managers are happy; everything is clean and neat; you get that “comfy feeling.” Of course, this makes shareholders, owners, leaders, employees, and customers happy - it feels good (and valuable) to be a part of an organization like this. One common reason for poor organizational


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