Guide to Understanding the 44% Rule
There’s an old saying, “Business owners don’t sell for money; they sell because they are frustrated.” The price tag to end that frustration can be millions of dollars. In a low-interest rate economy, a big pile of cash is worth far less than an income stream. So when...
What is your business REALLY worth?
The oversimplified formula is 3X owner’s annual “take.” If you’ve ever had a formal business valuation and then tried to sell your business, you realize the business valuation is really only an estimate and indication of what a buyer might pay if all assumptions line...
Hey You – Delegate More!
I was amazed when I did a web search for, “Why do executives have so much trouble delegating?” I saw some pretty amazing answers like: Stop trying to control everything. If someone takes more time than you to do the work, don’t worry about it. You don’t have a key...
What happened to the tidal wave of Baby Boomer Businesses for Sale?
A recent government survey shows that 15.6% of all businesses are owned by those 65 and over. Why have so many Baby Boomers decided not to sell their businesses? We had a few guesses, so we decided to poll small business owners to find out. In order to participate...Get Started Half-Retiring
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Half Retire
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