Don’t wait too long to plan your ideal exit. Too many business owners wait until they’re ready to sell before thinking about how they’ll sell. The result? Missed opportunities and lower business value. The truth is, there are at least six ways to exit a business—and only two don’t require...
For most business owners, their company is more than just a job — it’s their baby. You’ve poured your energy, time, and resources into helping it grow. You’ve sacrificed sleep, taken risks, and invested in the best tools and technology to give it every advantage. Over the years, your business...
At some point, every business owner parts ways with their company—whether by selling, handing it over to the next generation, or winding things down. Ideally, you make that move when the business is performing at its peak and buyers are eager to pay top dollar. But here’s the problem: most...
We all know “them” and many of us have been them – those picky parents that will never be satisfied with who their child is dating. He’s not good enough for my daughter, or she isn’t the right one for my son! Picky Parent thinking comes from wanting the best...
When it comes to selling your business, momentum is everything. Deals don’t typically fall apart because of a single issue—they fall apart because the process stalls. When momentum fades, buyer interest can fade with it. Serious buyers are often considering multiple opportunities. Even if they’re genuinely interested in your business,...
Selling your business is a big moment - often the largest financial decision you’ll ever make. But beyond the sale price, there’s a lot on your mind: confidentiality, tax implications, what happens to your employees and customers, and how long you’ll be tied to the business after the sale. To...
Communication is the pipeline through which all business sales take place. If the pipeline is open and communication is flowing, your business is more likely to get sold. However, communication isn’t just people talking. Deal communications are verbal, non-verbal, written and visual. When these work well together buyers stay engaged...
A successful sale starts with you – the Seller. As a business owner you are in control of most, if not all the decisions in your business. The strategy you set and actions you take fuel your personal and business success. You determine your product strategy based on what will...
Lots! A lot can go wrong and has gone wrong for many sellers. Selling a business is a monumental decision, and the process can be complex. During the negotiation and due diligence stages, both the seller and the buyer are working towards a shared goal—finalizing a deal that benefits both...
The Fourth quarter is the time of year business owners begin to identify strategies to pay as little tax as possible. What many don’t know is that saving taxes can negatively impact the value of their business when they are ready to sell. Certainly no one likes to pay more...
