Category Archives: Building Value

Your Transition Advisor Team

Nothing impacts the success of your business transition more than the advisor team. Let’s say you receive a free pass to play in the Super Bowl. You will be playing against the New England Patriots, but you can choose any NFL player … Continue reading

Posted in Building Value, Exit Options, Exit Planning, Exit Strategies | Tagged , , , , , , , , , , , , | Leave a comment

Selling Your Business – the Buyer’s Eyes

Selling your business is much like selling a house. In order to realize the highest price possible, you want it to look its best. The other day I passed an independent gas station/convenience store. The marquee at the curb advertised … Continue reading

Posted in Building Value, Exit Planning | Tagged , , , , , , , , , , | Leave a comment

Business Buyers and Disintermediation

In the last post, we discussed the reluctance of many prospective business buyers to deal with the regulatory burden of being an employer or service provider. You may be among the lucky few whose profession doesn’t require licensing. Even better, … Continue reading

Posted in Building Value, Entrepreneurship, Exit Planning | Tagged , , , , , , , , , , , , , , , | 2 Comments

What’s Wrong with the Buyer Generations?

Many of the upcoming buyer generations can’t or won’t run Baby Boomer businesses. This is (or should be) of concern to sellers everywhere. “The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love … Continue reading

Posted in Building Value, Entrepreneurship, Exit Options, Exit Strategies, Management | Tagged , , , , , , , , , , , , , , , , | 5 Comments

Death, Taxes and Exit Planning

(This post was published in the Sageworks/ProfitCents blog earlier this week) Understanding the Post-Ownership Void As advisors, we understand that our business clients should be preparing for the biggest financial event of their lives – the sale of their business. … Continue reading

Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Life After | Tagged , , , , , , , , , , , , , , , | 2 Comments