Topics and Events
Your Exit Plan is a Living Document
We’ve all done it. We paid a consultant to assess our current situation and then did not follow through on the recommendations. The final product of the assessment and the written report sits on a shelf. And, although the answers to many of our issues are provided...
Balancing Your Post-Exit Lifestyle with the Need to Run Your Business
There are short-term and long-term needs for your business. When thinking about an exit, you are considering the long-term implications to your business and life, while simultaneously balancing the short-term needs of your business. The saying here is ‘not to take...
Closing the Exit Value Gap: Will Any Reasonable Price for the Sale of Your Business be Enough?
This newsletter examines the important topic of whether or not you will be able to separate yourself, financially, from your privately-held business. The real question here is whether any reasonable price that is paid for the sale of your business will be enough for...
Your Financial Readiness for Your Business Exit Measuring Your Post-Exit Goals & Lifestyle
“Can I Afford My Exit?” One of the most important questions to answer in planning a business exit is ‘can I afford my exit?’. In order to answer this question, you need to understand your financial position and how much you depend upon the business for your personal...
No Exit is a Panacea The Pros and Cons of Internal Transfers
Many owners know in their hearts that they built their businesses to create a legacy. Their companies do important work in a unique way with a team that they hand-picked and groomed over many years. These business owners take a parental view of the business, caring...
No Exit is a Panacea The Pros and Cons of External Transfers
It is human nature to think in terms of things beginning and ending. We tend to stereotype and categorize events in our lives, such as the exit from a business. What images come to mind when you think about your exit? Do you think of your exit in terms of selling a...