Last week we discussed how with the low probability your business will sell, only about 20% of businesses that go to market sell according to the Exit Planning Institute, that the owner is faced with a few options that can be of value. So, if you can’t or don’t want to sell your business, what …
Can’t or Don’t Want to Sell Your Business – Now What… Read More »
My continuing education about business, work, and the workplace recently shared an interesting piece of data with me. That data was only 20% of businesses that go on the market are sold. Further, of those business owners who sold their business, 72% did not know or did not think the sale of the business will …
It’s a conversation most business owners and their families don’t want to have. The conversation about what happens next with the business. Next as in when the current business owner is no longer working in the business. Next, as in how do we effectively manage that transition to ensure that the investment made in the …
If you are a small or mid-size business owner, I have a question for you? What is more important to your business? Is it how many dollars in service product that it sells? Is it your Margin? Or, is it the value of your business? The answer should be yes. But which question(s) depends on …
Business Revenue or Business Value? How About Both Read More »
Not that talk. The talk about you and the business you own. Like it or not, one day you will leave your business. Planning for it is something many are uncomfortable with. Some never do, and that can not only cost them a great deal of money, but it can also cause a great deal …
