This is the definition of Financial Performance one of the eight key drivers acquirers care about when looking to buy a company.
The first one is an easy one. It’s easy to understand, it’s actually very difficult to deliver. It’s your financial performance, so it’s made up of, what’s your top line revenue. What’s your bottom line profit.
And the interesting thing about financial performance is there’s a second kind of hidden element to it, it is not only what those numbers are, but the quality of the reporting of those numbers, so to drive up your score not only focus on your top line your bottom line but also consider investing in an audit or some way to make sure that those numbers are as defendable as you can because a buyer is going to come in and say great, you’ve got these numbers but how defendable are they and what third parties have come in to really scrutinize these investing in their audit is one simple way to improve your score flash performance.
Ready to see how you stack up against these factors?
Complete the Value Builder 12-minute questionnaire and see your business as an acquirer would. You’ll receive an overall score that reflects how your company currently rates along with actionable tips on how you can increase your score.
