Why do business owners settle?

Why do business owners settle?

Mindset, Stress

There are too many business owners who don’t enjoy their work anymore. It’s really unfortunate. This happens organically over ten or twenty years as you run the business. There are tiny tasks or parts of work that the team can’t do. Those land on you...
Is there ever a wrong time to sell your business?

Is there ever a wrong time to sell your business?

Concepts

The short answer is, “Yes.” If you time the sale wrong, you could leave untapped value on the table. Do you recall the early days of your business? If you are like most owners, you worked very hard for very little pay, perhaps for several years, in order to launch....
The 6th Exit Strategy

The 6th Exit Strategy

Business Valuation, Exit Planning

Go ahead and Google “exit strategies.” The five standard exit strategies below appear. Five Most-Common Strategies for Business Exit Sell the Business to Family or Friend Sell the Business to Employees Merge or Get Acquired IPO Liquidate or Quit For quite a few...
Waiting for “C”

Waiting for “C”

Concepts, Tips

I’ll be honest; frustration tends to set in when I see business owners hesitate to take the obvious course of action at the time it becomes obvious. It makes me pause and ask, “Why are some successful and savvy business owners so indecisive?” The answer is most...
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