The 5 Whys: Uncovering the Secret to Selling a Business
When it comes to selling your business, you can’t afford to learn from your own mistakes. Unfortunately, business owners often learn the hard way after the fact. Many take the first unsolicited offer they get, sell a business at the wrong time (too late), or experience a forced exit because…
Your Guide to Business Exit Strategy – “begin with the end in mind”
“Begin with the end in mind” is the second of the seven habits of highly effective people Dr. Stephen R. Covey defines in his bestselling book. The habit is based on the principle that all things are created twice: once in your mind and once in the physical world. This…
Avoid the Dismal Ds – Maximize Wealth with Exit Planning
Sooner or later, every business owner exits their business eventually, 100% guaranteed. However, most business owners leave value on the table when they exit their businesses. The lack of proper exit planning forces most owners to sell their business because of the Dismal Ds: Death, Disability, Divorce, Disagreement, Distress, and…
5 reasons strategic and exit planning are similar
In the ecosystem of private business ownership, professional advisors often encourage exit planning, but few business owners adopt it. Moreover, fewer small to medium businesses (less than $100M in revenue) learn from strategic business planning at mature enterprises. Why? Does strategic planning not apply to small business owners? What is…
7 Business Valuation Methods
Whether you’re thinking of selling your business or you’re looking for growth, there are many reasons you may need to evaluate the economic worth of your business—in other words, when you need a business valuation. As you might imagine, determining the value of a business isn’t simple—it requires accounting for…
Sell your business with a sell-side advisor
As a business owner, you have spent years building & growing your business. You have gained a wealth of knowledge that has allowed you to become an expert in your field and deliver results that keep your clients coming back for more. However, when the time comes to sell your business…
7 reasons to work with M&A advisors
The sale of a business is not something to be taken lightly. While this might seem obvious, nothing rings truer for those involved in managing the sale of their business, and who experience the complexity and complications that often come with M&A transactions. This article will discuss 7 reasons why busines owners…
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