The 6th Exit Strategy

The 6th Exit Strategy

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...
Business owners say the funniest things

Business owners say the funniest things

Have you ever heard a business owner say something like the real-world quotes below? “I read an article that said my business is worth two times revenue.” (i.e., Sales are the real value of the business, not profits) “I never took a salary.” (My sacrifices must have...
The Financial Impact of Half-Retirement

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...
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