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...
Business Valuation, Exit Planning
When you Google “exit strategies,” you will see the five standard methods below. Five Common Exit Strategies Sell the Business to Family or Friend Sell the Business to Management or Employees Mergers and Acquisitions Initial Public Offering Liquidation Sometimes, none...
Baby Bommers, Concepts, Exit Planning, Retirement
Things you will give up if you sell your business If you have ever owned a business, you have daydreamed about selling it for a large pile of cash. It’s not really about the money, right? It’s about flipping a switch and having all the stress and headaches turn off...
Business Valuation, Concepts, Exit Planning
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...
Baby Bommers, Exit Planning
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...
Concepts, Exit Planning, Selling the business
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...
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