The Readiness Scorecard
Where your business sits on the curve is what you get if the ending arrives tomorrow. Readiness is not a project you start at least two years out. It is a state you hold.
Four states. One of them is yours today.
Trapped
The business is you. Every significant relationship is with you personally, nothing is written down and if you stopped for 90 days it would stop with you.
Tethered
Some systems exist. Operations hold up but growth, the key relationships and every judgement call still route back through you.
Transferable
It could change hands, or you could step back to a chair role and the value would not walk out with you.
Optional
You do not have to hand it over. You have a date, the people around you know it and staying is a decision rather than a default.
Twenty questions, in four sections.
Every question runs one to five, with a written description at each end.
One question at a time. Press 1 to 5 to answer, or Enter to move on. Your answers stay on this device and nothing is sent anywhere until you ask for it.
Here is where the business actually sits.
Three things decide whether you have real options: whether the business works without you, whether the numbers stand up and whether you are personally ready.
A fourth decides whether any of it produces an ending. That one is the Will, scored on its own.
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You have just done Step 1, Place. Step 2 decides what this quarter is for.
Step 2: ████ ███ ██████████
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The reading is the useful bit.
The four scores above are yours already. One email unlocks what they add up to: your state on The Readiness Curve™, the pillar that governs, your Will read and the step to start on.
That email does not look right. Have another go.
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Readiness without the will to decide is the most respectable way ever invented to never decide. You are always almost there.
Kerry Boulton is an Accredited Family Business Advisor, Certified Value Builder Advisor and Certified Exit Planning Advisor.
The session that goes with this result.
The Sellable Business Advantage
The monthly session that moves an owner from problem aware to solution aware. What actually gets discounted when the ending arrives, why it is almost never the revenue and the three scales your own ending has to be designed on.
Do The Value Gap Check as well
The other half of Step 3: the distance between today and the number you need.
Already know you want to talk it through? Apply for The Blueprint.
How this places you
The scoring rule, in full
Every written anchor and all twenty questions are Kerry’s own, from The Readiness Scorecard. What this page adds is the arithmetic around them: the three bands, the tie rule and the mapping from the governing pillar onto The Readiness Curve™.
The four scores are shown to you the moment the last question is answered. The reading that goes with them, your state, the pillar that governs, the Will read and the step to start on, sits behind one email.
Nothing here is a valuation and nothing here has looked at your accounts. It is twenty of your own answers, added up in four columns. Treat it as a starting point for a conversation, which is exactly what it was built to be.
Your answers stay in this browser until you ask for the reading. When you do, your name, your email and your four scores go to The Exit Strategy Group so the result can be sent to you. Nothing else is collected and nothing is passed on.
Always be ready.
Kerry Boulton, The Exit Strategy Group