When we talk to business owners about the value of Exit Planning, we are talking about orchestrating a business exit that fulfills their unique personal and financial goals. More often… read more →
So what if you’ve never sold a business before? Who better to lead the sale process than the guy who knows far more about the business than anyone else? Who… read more →
As advisors, we often hear from business owners some variation of the following comments: “I think it is time to back away from my business.” “I’d really like the freedom… read more →
When co-owners are united in striving toward common business goals such as growing revenue, building business value and increasing cash flow, the business dynamics can be wonderfully positive and strong.… read more →
Stan Briggs was perplexed when he told his advisor, “My son, Patrick, has worked in the business for the last twelve years. In that time, the business has tripled its… read more →
We all know that “money doesn’t grow on trees.” And neither does business value. You can’t just wait until you are ready to leave your business to find out how… read more →
Assuming that all business owners (except for those forced to liquidate) will eventually sell or transfer their companies, we often focus on what it takes to be a well-prepared seller.… read more →
Too often, owners only discover that the compensation plans they’ve put in place for key employees are sadly inadequate when those key employees leave their companies for greener pastures. The… read more →
Where to start? Business owners who have not been through an Exit Planning process, and many of them have not, are often unsure about how we begin and what information… read more →
Three issues confront a company whose owner dies or becomes disabled prior to a planned exit: Continuation of ownership; Company’s loss of financial resources; and Company’s loss of key talent—you,… read more →