{"id":10668,"date":"2021-09-03T10:00:56","date_gmt":"2021-09-03T09:00:56","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=10668"},"modified":"2021-09-02T14:59:39","modified_gmt":"2021-09-02T13:59:39","slug":"taking-control-of-change-puts-you-in-charge","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/taking-control-of-change-puts-you-in-charge\/","title":{"rendered":"Taking control of change puts you in charge"},"content":{"rendered":"Reading Time: <\/span> 3<\/span> minutes<\/span><\/span>

Change is inevitable. But there are ways you can take control of change, as Ken Gorman, co-owner of Transworld Business Advisors of London South West demonstrates.<\/p>\n

Have you ever reached a point in your career when you knew something needed to change, but you weren\u2019t sure what? Or maybe you\u2019ve advised others about their own career advancements? As a Transworld Business Advisor, every day we are sought out for our expertise by clients looking for the crucial answer to the million dollar question of knowing when it\u2019s time to make a change.<\/p>\n

For Ken Gorman, co-owner of Transworld Business Advisors of London South West, being in a position to help people reach their next life goal, is a big drive. \u201cWhen people reach retirement,\u201d he says, \u201cit\u2019s a personal decision. I\u2019ve had clients ask when the right time for them to retire should be. But, this is a question they have to answer themselves. There isn\u2019t a mathematical answer, when the business has achieved X,Y, or Z\u2026 You just know.\u201d<\/p>\n

Helping others feel in control<\/h4>\n

When he was approached by the owner of a profitable electrical company who was asking this same question, Ken helped him understand the value of the business he\u2019d built-up over 40 years. The client could then make an informed decision, confident it was the right time to exit his business, and turned to Ken to guide him. \u201cWhen someone decides to retire, it\u2019s my job to support them through the sale of their business, so they can attain their next goal. This client was actually referred by someone I\u2019d previously run transactions for, who was incredibly happy with our results. He needed someone he could trust, so because he\u2019d received assurances we\u2019d pull out all the stops on his behalf, he was confident we would close the deal to his satisfaction.\u201d<\/p>\n

Ken and his team spent time understanding the business, so they could package the deal for market, in the strongest way. \u201cAs a Transworld Business Advisor, I\u2019ve had experience in doing various high street deals. When I first started my Transworld office, I was keen to ensure I gained the knowledge and expertise which would put future clients\u2019 minds at ease. Each deal helps with the next, and I really love sinking my teeth into these bigger deals.\u201d<\/p>\n

Confidently showing clients the potential of change<\/h4>\n

Ken had a buyer in mind, a private equity firm who\u2019d spoken to him about a previous opportunity. He knew, from the relationship he\u2019d established with them, and the insight he\u2019d gained about the business, they would be an ideal fit. \u201cI presented the deal to the firm, and helped them to see the future prospects of this business. I knew from previous conversations they were keen to grow their acquisitions, exponentially. They easily saw, from the package we had drawn-up, this was a solid business, in a growing sector, with all the right pieces in place for their desired growth.\u201d<\/p>\n

As a Business Advisor, Ken is adept at managing his projects and helping clients achieve a successful conclusion. \u201cManaging a deal of this size, is about managing a large project, with many parties becoming involved in the process. It\u2019s important I can keep the deal moving forward, and to make sure all parties \u2013 whether in accounts, or legal \u2013 can access the relevant data when they need it. We take the pressure off our clients, allowing them to focus on running their business, right up to the close of their final day \u2013 after all, this is where their passion lies. My passion lies in ensuring the deal is closed and my clients are happy with the outcome.\u201d<\/p>\n

Taking control of your own future<\/h4>\n

Being part of the Transworld Business Advisors, Ken regularly receives training from the Franchise Support Team. But, as a man of vision and drive, Ken understands change is inevitable; taking control of some aspects of change, puts him in a stronger position. \u201cRunning my own Transworld office, means I can choose my hours of work around clients, and invest time back into my business and personal growth. With the support of my franchisor, I\u2019ve gained certificates in Business Valuations and M&A. This enables me to work with clients in superior markets, who feel confident in me, knowing I speak their language. I\u2019m determined to take control of everything I can, to make my office as successful as it can become.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Change is inevitable. But there are ways you can take control of change, as Ken Gorman, co-owner of Transworld Business Advisors of London South West demonstrates. Have you ever reached a point in your career when you knew something needed to change, but you weren\u2019t sure what? Or maybe you\u2019ve advised others about their own […]<\/p>\n","protected":false},"author":8,"featured_media":10670,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[837,240],"tags":[],"class_list":["post-10668","post","type-post","status-publish","format-standard","has-post-thumbnail","category-transworld-business-advisors","category-accountancy-and-finance-franchises"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2021\/09\/Ken-Gorman.jpg","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/10668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=10668"}],"version-history":[{"count":0,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/10668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/10670"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=10668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=10668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=10668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}