Today in Business Basics we discuss my 5 tips for diversification – a great way to minimise risk and increase attractiveness of potential buyers for your business.

These tips includes looking at:

  1. Customer base diversification
  2. Supplier and vendor diversification
  3. Product or service portfolio expansion
  4. Geographic diversification
  5. Intellectual property and assets

For more guidance on things to consider when planning your exit strategy download our guide here http://info.blackcountry.actioncoach.co.uk/planning-your-exit-strategy