In every internal transfer, whether to family or employees, the owner/seller has to make the harvest or grow decision. We’ll presume that your business has already reached a point where its value meets or exceeds your financial objectives as the … Continue reading → The post Exit Strategy – Harvest or Grow? appeared first on Read more about Exit Strategy – Harvest or Grow?[…]
Owner obstacles to the implementation of an exit plan are often unconscious, but they can be dramatic. Their attachment to the business can be difficult to break. An advisor spends a lot of time and energy developing the vision for … Continue reading → The post Owner Obstacles to an Exit Plan appeared first on Read more about Owner Obstacles to an Exit Plan[…]
Owner obstacles to the implementation of an exit plan are often unconscious, but they can be dramatic. Their attachment to the business can be difficult to break. An advisor spends a lot of time and energy developing the vision for … Continue reading → The post Owner Obstacles to an Exit Plan appeared first on Read more about Owner Obstacles to an Exit Plan[…]
Entrepreneurs don’t use rearview mirrors. All business owners are goal oriented. From the day you founded or assumed control of your company, you set targets and achieved them. The post Entreprenuers Don’t Use Rearview Mirrors appeared first on Awake at 2 o’clock?.
Entrepreneurs don’t use rearview mirrors. All business owners are goal oriented. From the day you founded or assumed control of your company, you set targets and achieved them. The post Entreprenuers Don’t Use Rearview Mirrors appeared first on Awake at 2 o’clock?.
Owners don’t like the “Exit” word. They tell us regularly to change it, or that talking about it is uncomfortable. It’s the elephant in the room. The post Avoiding the “Exit” Word appeared first on Awake at 2 o’clock?.
Owners don’t like the “Exit” word. They tell us regularly to change it, or that talking about it is uncomfortable. It’s the elephant in the room I understand. The post Avoiding the “Exit” Word appeared first on Awake at 2 o’clock?.
A common area of confusion among both business owners and advisors is the difference between a “Main Street” business, a “Middle Market” business, and a “Mom and Pop” business. Main Street Businesses The International Business Brokers’ Association and other professional … Continue reading → The post Main Street Business and Middle-Market appeared first on Awake Read more about Main Street Business and Middle-Market[…]
A common area of confusion among both business owners and advisors is the difference between a “Main Street” business, a “Middle Market” business, and a “Mom and Pop” business. Main Street Businesses The International Business Brokers’ Association and other professional … Continue reading → The post Main Street Business and Middle-Market appeared first on Awake Read more about Main Street Business and Middle-Market[…]
When business consultants talk about preparing for unforeseen problems, they frequently commingle the terms contingency and continuity. The terms are not synonymous, and there are important differences between them. Contingency Planning Contingency planning is generally accepted to mean how a … Continue reading → The post Contingency and Continuity Planning appeared first on Awake at Read more about Contingency and Continuity Planning[…]