The Truth About Business Succession And Exit Planning
The Truth About Business Succession And Exit Planning I’ve retired twice. The first time was after I sold my international freight forwarding business. I really had no idea what I was going to do, but I wasn’t ready to retire, so I went into business coaching. That...
Every Family’s Business: Compensation & Salary Reviews, Job Descriptions
Every Family’s Business: Compensation & Salary Reviews, Job Descriptions We’re down to the last three commonsense questions that have been developed by Thomas Deans, PhD, which are all around protecting your wealth and determining a solid exit strategy for your...
Every Family’s Business: Valuation & Insurance, SWOT Analysis
Every Family’s Business: Valuation & Insurance, SWOT Analysis This is part three of a series in which we’re exploring 12 questions which were developed by Thomas Deans, PhD, to make sure family business develop successful exit strategies. Question #7: In...
Every Family’s Business: Selling To A 3rd Party & Handling Unsolicited Offers
Every Family’s Business: Selling To A 3rd Party & Handling Unsolicited Offers We’re moving on to the second set of questions from Thomas Deans’ book, Every Family’s Business, where he shares 12 questions that help families determine exit strategies for...
Every Family’s Business
Every Family’s Business Every family’s business is something that we haven’t talked about a great deal in many of my blogs, and I think the time is right now to consider it very seriously, simply because of the age of transition that’s...
Every Family’s Business: Determining The Best Exit Strategy
Every Family’s Business: Determining The Best Exit Strategy Every family’s business is something that we haven’t talked about a great deal in many of my blogs, and I think the time is right now to consider it very seriously, simply because of the age of...
What’s So Special About The Million-Dollar Mark?
What’s So Special About The Million-Dollar Mark? The million-dollar mark is a tipping point at which the number of buyers interested in acquiring your business goes up dramatically. The more interested buyers you have, the better multiple of earnings you will...
What Your Birth Certificate Says About Your Exit Plan
What Your Birth Certificate Says About Your Exit Plan In our experience, your age has a big effect on your attitude towards your business and how you feel about one day getting out. Here’s what we have found: – Business owners between 25 and 46 years old Twenty- and...
Prevention Is Better Than Cure
Prevention Is Better Than Cure To grow a valuable business – one you can sell – you need to set up your company so that it is no longer reliant on you. This can be easier said than done, especially when, like a PR consultant or plumber, what you are selling is your...
Recent Comments