What is exit planning? It’s a question that many business owners may ask themselves when they start thinking about the future of their company. Essentially, exit planning is the process of creating a strategic plan for leaving a business. This … Read More
Business owners and advisors have historically avoided business planning as it has been time-consuming and cumbersome. Business planning is important for successful companies. It’s necessary to stay updated on the latest trends and strategies in the ever-changing business world. In … Read More
Is it a good idea to buy a business? Are you wondering why buyers buy a business? Is it better to buy a business vs starting a business? In this blog post, we’ll provide a complete guide to the process … Read More
In the business world, having a strong business plan will generally yield a successful operation. Likewise, strategic planning can help management teams and staff to financial stability and clarity. Exit planning for advisors is becoming a hot topic in the … Read More
There are several ways business owners approach exiting a business. The majority of business owners exiting their business either sell the business to a third party or allow a family member or management team to buy into the business. That … Read More
Getting a return on investment is the main motivation behind purchasing a business. Each prospective acquisition is evaluated based on the degree of possible future earnings the buyer feels the company can produce, the risk level associated with achieving these … Read More
When making the decision on exiting a business, it is important to consider the reasons for this transition. Some people will retire, some will take an extended holiday and some will re-enter the workforce as an employee. Others will buy … Read More
Starting the exit and succession planning process can be daunting. Where do you start and how do you know the best decision(s) to make for your business and you personally? The best place to start is to determine your exit … Read More
Selling a business is a major milestone in the life of an entrepreneur. Your last day as the owner is as emotional as your first but for very different reasons. To ensure the sale is a success, consider the following … Read More
