New Business, Expansions and Exit Strategies
Hannah Lynne Milojevich
In the U.S., a business is considered a "small business" if fewer than 500 employees, with most under 100. My focus, however, is on XS Businesses—teams of fewer than 50 employees or contractors.
I have launched, bought, expanded, and sold digital product and brick-and-mortar service businesses in the beauty industry. Currently, I systemize the management of our real estate portfolio to maximize cash flow. A proud milestone in my career is joining the 1.9% of female-owned U.S. businesses that exceed $1 million in revenue. The sold businesses ranked in the top 1% of their industries due to consistent revenue growth, lean operating expenses, and streamlined operations that enabled remote ownership.
The consulting I do centers on the Profit & Loss statement analyzing financials to create pro formas for startups and expansions, and perform exit strategy assessments for owner-operator businesses in industries like beauty, hospitality, contracting, and photography.
Understanding your numbers can be intimidating, but it is vital. Data provides an objective pulse of your business. With a solid strategy, those numbers can help launch a profitable venture, scale to multiple locations with positive cash flow, or determine the optimal sale price, timing, and buyer when it’s time to exit.
Why "HLM Creative"? My mission is to empower business owners in creative industries with a clear understanding of their data and financials, enabling informed decisions for growth and success!
Consultation focuses:
New Business Projection
Whether you are diving into first time business ownership or launching a venture in a new industry, let’s ensure detailed market analysis is being done to project accurate revenue. At the same time, identify industry benchmarks to set a profit-focused expense budget including start-up cost debt.
Expansion to Multi-Location
Drawing from my experience of opening a second location with a 20%+ profit margin from day one, let’s analyze affordability for the expansion cost, discuss a plan to generate revenue with a lean operating expense for immediate, consistent profit. We'll also assess current numbers to ensure each location operates independently without financial reliance on the other.
Exit Strategy Assessment
Thinking about selling but unsure where to start? Is your business profitable? If not, how can it be? Let’s dive into your P&L to analyze SDE and EBITDA, determining whether you’re selling a business or a job—and how to optimize. This consultation can serve as a precursor to business valuations, OR, a strategy call post valuation to get your business where you want it be.
Planning your exit while your business is thriving ensures maximum valuation and benefits you, the new owner, your team, and your customers—a true win-win-win!
Financial Comprehension
Not launching, expanding, or exiting but feeling lost in the numbers? This session is for you. We'll dive into revenue, known and potentially hidden expenses, and craft a clear, controllable spending plan—empowering your business's financial health.
Schedule a Consultation:
Consultations are $325/session
Please click below to fill out the inquiry form!