Many business owners choose to sell their businesses to third parties for several reasons. If you’re thinking about pursuing a third-party sale as your business exit strategy, consider these four… read more →
Running a successful business that generates wealth is incredibly satisfying. If there’s a downside to it, it’s that much of that wealth is generally illiquid, unless you sell the business… read more →
Next-level managers are an integral part of planning for a successful future. They can come from inside or outside of the company, and you often have a choice about where… read more →
Your daily responsibilities as a successful business owner can make planning for a successful future seem impossible. But with the right process, you may find that this planning is both… read more →
What to keep in mind when selling your business to key employees. Whether it’s because you want to keep the business “in the family” or because you suspect you will not be able… read more →
As a business owner, you make decisions constantly that you believe will reduce your risk and/or improve your business outcomes. There are countless ways to do this. In this article,… read more →
Planning for your business’ future success is a long-term effort in problem solving. Usually, the problems you’ll try to solve result from the natural evolution of the business. For example,… read more →
There are many things for you to consider as you think about the future of your business ownership: When is the right time to move on? How much money will… read more →
Do you remember trying to solve a complex maze as a child? You’d start at the beginning, trace a line toward what you thought was the correct path to the… read more →
As a business owner, you’re likely used to having as much control over how the business functions as possible. You’re the go-to person for big decisions and you own the… read more →