Blog
Is there ever a wrong time to sell your business?
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....
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...
A simple trick to accelerate your Half-Retirement
Learn how taking two separate paychecks can change your mindset favorably. Check out the video to learn more:
The Definition of Half-Retirement
We define Half-Retirement as enjoying the economic benefits of business ownership without the daily headaches. A Half-Retired business owner maintains their current salary while working two half-days a week. They accomplish the transition from working income to equity...
The Financial Impact of Half-Retirement
If you are contemplating selling your business, we recommend you download the spreadsheet below to explore holding the business as an income-producing asset. Keep in mind that business ownership and equity and your job as CEO of the business are two roles, not one. We...
Most Businesses Aren’t Sold for Financial Reasons
Whenever a business owner is contemplating the sale of a business, the only discussion topic is money. However, most businesses are sold for non-financial reasons. The business owner gets fed up with the headaches or simply loses passion. The money is simply a “cherry...
Are you “holding out for C?”
Sometimes I get frustrated when business owners do not take what appears to be the obvious course of action as soon as it becomes obvious. It made me wonder, why would successful and savvy business owners be indecisive? The answer is that most situations have two core...
Difficult Work vs. Frustrating Work
Business owners always tell us, "My tolerance for B.S. is so much lower than it used to be. This type of work never used to bother me." Call it burnout, wisdom, experience, or impatience; it doesn't matter. You are supposed to be able to enjoy your business. After...
Should you Half-Retire in a tough economy?
Lately, I’ve been asked the question, “Can you Half-Retire in a tough economy?” The answer is, “yes.” It’s still a good idea to start or continue Half-Retirement during tough times. Here’s why: Life happens regardless of the economy. You may feel like you can’t slow...
How Half-Retire helps your practice
Watch the short video to learn what's in it for you to share the Half-Retire concept with clients.
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