When we talk to business owners about the value of Exit Planning, we are talking about orchestrating a business exit that fulfills their unique financial and personal goals. Since tackling… 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 →
“My investment advisor suggested that I sell my company to an ESOP. Is that a good idea?” “My estate planning attorney recommended that I begin giving my business to my… read more →
Nora Chapman’s story was typical of most business owners who have made the tough decision to leave their companies. At age 54, she was confident in finding a meaningful second… read more →
“You’ve got to be very careful if you don’t know where you’re going, because you might not get there.” — Yogi Berra It is not always easy to interpret Yogi.… read more →
“I never worry about action, but only about inaction.” Winston Churchill “I haven’t decided what I ultimately want to do with my business, or when I want to exit, or… read more →
Like every owner, you will one day exit your business—voluntarily or involuntarily. On that day you will want to attain certain business and personal objectives: the first (and usually prerequisite… read more →
In the prior issue of this newsletter, we attempted to take the air out of the most common argument owners make for ignoring the planning necessary to successfully exit their… read more →
According to Paul Simon, there are 50 ways to leave a lover. Not being as creative as Mr. Simon, we’ve only come up with eight ways for owners to leave… read more →