Business Valuation, Exit Planning, Retirement, Selling the business
You probably got excited that I will take a zero percent business brokerage fee…and I will under certain circumstances like the one below. We sent a small batch of emails, and several came back, such as the one below. We also had business owners who died on the job,...
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, Retirement
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...
Exit Planning, Retirement
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...
Baby Bommers, Concepts, Retirement
Adopting a Half-Retired Mindset When business owners start looking at their golden years, they often think about selling the business for a big pile of money and leaving the stress of business ownership behind. However, this could be the worst plan for your business....
Business Valuation, Concepts, Exit Planning, Mindset, Retirement
Running a business can be stressful because the typical CEO is involved in dozens of business systems. It’s a lot like spinning fifty plates. Sometimes the business owner’s involvement is significant, and that plate must be spun every day if not, it falls and breaks....
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