Best Seller Publishing announces that Tom Gledhill’s book, XITPRO SYSTEM: Positioning Small Business Owners for Breaking the Mold and Successfully Selling Their Business has been named an International Best Seller
As a former small business owner and Business Broker/Advisor, Tom has talked to hundreds of business owners who wanted or needed to sell their companies. Most of them were not salable. The sad fact is that only about 1 in 5 companies in the $500k to $5 million revenue range actually sell, and the majority of the business owner’s net worth is in their company. These facts are backed up by studies by Pepperdine University, the University of Chicago, and Dunn & Bradstreet. A $1 million company could easily be worth $500K. That amount would have a huge effect on the quality of their retirement; but if they can’t sell their company they won’t have access to that money.
Business owners are not building something from scratch. They have a company, they have a product or service, distribution channels, customers, they generate revenue, have some staff and infrastructure. All they need to do is tweak a few things to go from closing the company’s doors to receiving a substantial amount of cash when they sell the company. But small business owners are reluctant to spend thousands of dollars to have a consultant analyze their company and suggest ways for them to increase their company’s value.
This book presents an easy to use and understand methodology to help the business owner make their company more transferable and sustainable — two elements a business must have in order to be salable; and save thousands of dollars in consultant fees. This book will provide you with a roadmap to help identify the strengths and weaknesses of your company. This book is actually a “workbook” complete with forms and tools to make the task easier. Most small business owners have not given any thought to the sale of their business. This book will help them improve those elements of a business that appeal to bankers, investors, and business buyers.
XITPRO System has a 5.0-star rating on Amazon. Here’s what some people are saying:
“Remember the old saying “work on your business, not in your business?” It is stile a sound advice. After all, you are trying to build a property, to grow a value. Well, this book will show you what you need to concentrate on to get the most value possible for your business. It will also show you some of the common mistakes that people do when growing their business the wrong way, making it unattractive to future buyers and cheating themselves of the efforts of their hard work.
The book is an easy read. Every chapter has actionable suggestions pointing you in the right direction, and there are additional resources available. If you see yourself selling your business at any time in the future, this book is an essential tool. Even if you are just starting out, it will give you the right approach, so that you can build it right from day one.” – Shmaya David
“Before I read this book, it never crossed my mind that selling our business could be a lucrative option one day. The author is right when he points out, that you rather want to be in full control versus circumstances are dictating the conditions when you sell your business. When you know all the elements of what drives up the value of a business you can already focus on that years ahead. I gained a whole new perspective. Thanks!” – Thomas Rast
“I have owned a business for 10 years and have read many business books. A common mantra in business books is that you must scale your business and create airtight processes so you can one day sell it. None of those books get into the nuts and bolts what factors matter in scaling, valuing, and selling your business. Without that information, the mantra is just a mantra. This book contains the information and practical action steps to move from mantra to motion. If selling your business and funding your future with the proceeds is a dream of yours, make it a reality by reading and applying this book.” – John Bartemus
About the Author:
Tom Gledhill has founded, built and sold multiple companies during his career as a business owner. He is an M&A Advisor and the author of “The Big Transfer” and “XITPRO System”.
Tom has been in the trenches founding, building, and eventually selling his small businesses. He understands a business owners day to day stress – satisfying customers and staff, meeting payroll, and concern about future sales.
He has combined his experience from building and selling his companies and helping many other business owners sell their companies, to develop the XITpro System to help business owners increase the value of their company, make more money, and make their business more salable.
Tom lives on Cape Cod. He has 4 children and 12 grandchildren and he enjoys sports, working out, reading historical novels and travelling. Tom, a US Army veteran, holds a BS in Electrical Engineering from the University of Maine and an MBA from Boston College. Tom is a Certified Business Intermediary (CBI).
https://xitpros.com Xitpro System
PO box 725
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Watch Mirror journalist was involved in the writing and production of this article.