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How to Exit Different Sized Businesses
‘Exit Planning’ is the process that a business owner follows in preparing for the largest financial and emotional transaction of their life – i.e., the transition of their privately-held business to a new owner. Now, despite the fact that ALL owners will one day leave...
Are You Ready (Emotionally) to Exit Your Business?
As a business owner thinking about an exit from your business, you face a unique set of challenges. These ‘exit planning challenges’ are so unique that statistically, only a small percentage of business owners successfully transition from their privately-held business...
Four (4) More Signs That You May Be Ready to Plan For Your Business Transition – Part II
Successful business owners are unique in their abilities to manage many aspects of their companies, all towards a successful, profitable outcome. In the day-to-day battles and pursuits to advance your company, it is unlikely that you stop to think about its future...
Four (4) Signs That You May be Ready to Plan for Your Business Transition – PART I
Successful business owners are unique in their abilities to manage many aspects of their companies, all towards a successful, profitable outcome. In the day-to-day battles and pursuits to advance your company, it is unlikely that you stop to think about its future...
Exit Planning is a Fluid Process
As an owner of your privately-held business, you are the captain of your ship, so to speak. You control the rudder and the helm, steering your business in the direction of opportunity and profitability while also avoiding dangers that could 'sink' the enterprise....
The Two (2) Necessary Elements to Any Business Transfer
Owners who start to think about exiting their business often fancy the idea that someone else will certainly want to own their company after them. These owners look at the struggles that they faced to get the business up and running relative to the stability and...