I just had my first article published for the San Antonio Business Journal Leadership Trust. Please take a look: The post San Antonio Business Journal Leadership Trust appeared first on Awake at 2 o’clock?.
One of the least-heralded benefits of exit planning is preparation for an unplanned exit. In the brokerage business, the reasons driving the listing of a company are known collectively as the Dismal D’s. Some of “Da D’s” are just typical … Continue reading → The post The Unplanned Exit appeared first on Awake at 2 Read more about The Unplanned Exit[…]
I had a nice conversation last week with Pat Ennis of Ennis Legacy Partners and Walter H. Deyhle of Gelman, Rosenberg and Freeman,CPAs, both in Maryland. Thanks for the invitation, Pat! The post Podcast on Exit Planning Choices appeared first on Awake at 2 o’clock?.
Time frames are one of the most critical, challenging and frightening factors in planning your exit. At the same time, they are one of the most flexible factors in your plan. How can something be this important and still be … Continue reading → The post Time Frames for Exit Planning appeared first on Awake Read more about Time Frames for Exit Planning[…]
I contributed this video interview to SuccessionMatching.com for their recent Summit. It is about the preparation you need to do before starting an actual planning process. The post Video on Preparing for Your Exit Plan appeared first on Awake at 2 o’clock?.
As an Exit Planner, most of my engagements involve assessing a management team. They may be the intended buyers of the company, or else they are key factors in the saleability of the business. The biggest and most frequent complaint … Continue reading → The post Is Google Making Us Stoopid? appeared first on Awake Read more about Is Google Making Us Stoopid?[…]
A few weeks ago I posted a comment in the Business Journals Leadership Trust Forum about a life lesson I learned regarding the difference between effort and outcomes. They reached out and asked if I could expand my comments a … Continue reading → The post Manage Activities; Lead for Results appeared first on Awake Read more about Manage Activities; Lead for Results[…]
One of the most useful concepts in business planning is that of “waterfalls.” The analogy is apt, if perhaps less than perfect. Think of any outcome anticipated in a contract that is based on an “if…then” situation. The post Using Waterfalls in Exit Planning appeared first on Awake at 2 o’clock?.
Selling to employees is one method of transition that is growing rapidly in popularity. Usually the driving motivation is a desire to help the people who got you this far enjoy some of the benefits of ownership, but there is … Continue reading → The post Selling to Employees: Exit Planning for Small Business Part Read more about Selling to Employees: Exit Planning for Small Business Part 4[…]
It’s time to discuss family succession. In Part One of this series we looked at exit strategies that aren’t really available to small businesses, and in Part Two we discussed selling to a third party. Now let’s talk about the … Continue reading → The post Family Succession: Exiting a Small Business Part 3 appeared Read more about Family Succession: Exiting a Small Business Part 3[…]