In the next 5 years more than a half of million baby boomers are set to retire and sell their business. Many of these baby boomers have no succession plans in place or are faced with family succession that does not fit the vision or goals of the successor. Continue reading “7 Typical Mistakes When Trying to Sell Your Company”
There are unlimited types of characters in our professional lives.
There’s the guy who hates his job and complains to everyone about it, but never does anything to change it. The lady who always wants to start a new business with you but her ideas really aren’t that good. Or the young man who flaunts his entrepreneurial flag because he launched a company, but he’s really just an employee at his own business. Continue reading “The 4 Types Of People Who Never Succeed In Business”
Think you know how much you could get for your business if you sold it? Think again. In my experience, business owners often get slapped with business valuations that are much lower than they think they deserve. Continue reading “7 Reasons Your Business Isn’t Worth What You Think It’s Worth”
In a world where entrepreneurship is growing exponentially and more and more startups, small businesses and franchises are erecting, the discussion of succession planning is becoming more important than ever. Continue reading “We Have a Dirty, Scary Term. It’s Called…Succession Planning!”
Transitioning your business to a new owner is not always as easy as just handing over the keys. There are many things to consider, organize and prepare before making the transition – both emotionally & financially. Over the last 4 years of connecting buyers and sellers, I’ve noticed 2 things that are extremely Continue reading “Preparing for a Business Transition”