Exit Planning, Retirement
Retirement can be an intimidating concept for a business owner that raises a great deal of uncertainty. What do you do when you want to retire and still be financially stable? How do you avoid allowing what you’ve worked so hard to achieve fizzle out and how...
Baby Bommers, Exit Planning, Retirement
Think about your first five years in business. Weren’t they filled with long nights and very hard work? If you think about it, during the first years in business, you are grossly under-compensated. Sure, at some point, you start making a good income, but the fair...
Business Valuation, Concepts, Exit Planning
Why are so many business owners delaying the sale of their businesses? No one knows for sure, but it probably has to do with the 44% Rule. What is the 44% Rule? The vast majority of small businesses sell for a multiple of annual earnings. More specifically, they sell...
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