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 Read more about Family Succession: Exiting a Small Business Part 3[…]
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 Read more about Selling to Employees: Exit Planning for Small Business Part 4[…]
Why would you be exit planning in a crisis? At the height of the economic expansion (a few months ago in late 2019) I was reviewing a company’s financial statements. Read more about Exit Planning in a Crisis[…]
Quarterbacking is a popular term when exit planners are talking to clients. It’s supposed to invoke a vision of someone who is in control. Think about a Tom Brady, Aaron Read more about Quarterbacking is Not Exit Planning[…]
The beginning of a new year is a great time to review your Exit Planning Checklist. All business owners will stop being business owners at some point. So, there is Read more about Exit Planning Checklist for 2020[…]
There is ample evidence in the marketplace that Baby Boomers’ influence is still powerful. From walk-in tubs to stand-up bikes, and from pharmaceutical commercials to river cruises, Boomer tastes are Read more about Baby Boomers’ Influence – Still Strong[…]
I’ve been meaning to share this review for a few weeks. Martin Zwilling is the founder of Startup Professionals and a contributor to Forbes, Business Insider, Inc. Magazine, The Huffington Read more about They Called it a “Classic!”[…]
Owners ask all the time, “Why Plan Now?” “I’m not planning to leave my business for years. I feel good, and I still enjoy my business. The post Why Plan Read more about Why Plan Now? Exit Planning for Small Business[…]
As I interact via Zoom and telephone with clients, family and friends, I keep thinking of H.G. Wells’ The Time Machine. The post Morlocks and Eloi and the Virus appeared Read more about Morlocks and Eloi and the Virus[…]
Several friends have sent me a picture of an EBITDAC coffee mug this week. As it states, EBITDAC stands for Earnings Before Interest, Taxes, Depreciation, Amortization and Coronavirus. Will this Read more about EBITDAC : What is Your Business Worth Now?[…]