Freedom Fast Track Profile
Getting an outside perspective on your business can be a game changer in saving you valuable time and money! Please give us some basic information and your needs and wants for your business. This will help us quickly point you in the best direction and fast track you to a bigger bank account and more free time as you operate the business you love!
Company Name:
Company Address:
Your First Name:
Last Name:
Your best contact phone number:
Your primary email address:
example@example.com
Describe you and your business
Are there others who influence decisions in your business? Ie. partner, spouse, father, etc. If Yes, please list their names and relationships.
Tell us their relationship to you.
Which of the following best describes your current status of business ownership?
100% Sole owner and operator
50/50 Partner
Sole owner but involve another key person in all major business decisions
What would you do if you had all the money and time you needed?
How many work hours do you currently average in your business per week including after hours paperwork and/or bids?
Less than 20
30-40
40-50
50+
Which best describes you:
I have a lot of daily freedom and flexibility in my business. I don’t need to be there for us to do well..
We are doing ok, but it is largely because I have a few all star employees. If they were to leave I would be in trouble.
Most of the processes and procedures are in my head. I make money as long as I do most of the management and work.
I am on a path for burn out as it seems I am constantly fighting fires.
Which best describes you:
I have a clear plan with a target date to retire/transition out of having to work in my business
I have a general idea of where I want to end up but unclear on how to get there
I feel like I am putting out fires daily with no end in site
Which statement best describes you (check all that apply)
I am driven, teachable, and willing to do the work but lack direction
I think I have my business figured out but am one good employee from turning the corner
I know I need help but am unclear on where to to go and who to trust to deliver the results I need
I need outside motivation or it is easy for me to give up on my goals and programs
Do you feel your business is currently operating at the needed production and profit levels to allow you to comfortably exit/retire in the next 3-5 years?
Yes
No
I don't know
What is your exit plan?
I hope to sell to an outside investor someday
I will sell to a key employee
I will transition to employee ownership and take monthly distributions
I am not clear on what my exit plan would be
What is currently keeping you from exiting your business (check all that apply):
Ineffective or inconsistent operations and productivity
Not making enough profit
Fear of not knowing what else I would do with my life and/or willingness to let go
I’m still having fun and want to keep working my business
How do you plan to create your needed exit funds?
100% from selling my business
100% from saving profits, I don’t believe my business is sellable
50/50, a combination from selling and profit savings
Other
Let’s better understand your current state of mind. At this moment, how motivated are you to reach your target exit goals?
I’m ready
Feeling hopeful
I’m cautious
Taking it easy
This is your exit plan, designed to work at your pace. So knowing you as only you can, which pace would you prefer?
As fast as possible
Slow and steady wins the race
Somewhere between the two
Please provide the following data:
At what age would you like to retire?
How old are you now?
How much money do you need to live each year after you retire?
Current total business debt
Current total personal debt, including cars and home
Current total monthly living expenses
Desired total monthly living expenses including travel and hobbies (Note: This number should assume no debt payments).
Total business revenue from last year
Total business revenue expected this year
Total net profit from business last year (Note: This is the number after all other expenses have been paid)
Total net profit from business expected this year (Note: This is the number after all other expenses have been paid)
What is the date you would like to have the option of exiting the business?
What financial program do you use?
Quickbooks
Peachtree
Industry
Not Currently Using One
Other
Anything else you would like us to know?
Support
email:
admin@ppmanagement.com
Phone: 801-876-5859
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