Tag Archives: Baby Boomers

Exit Planning When Kids Don’t Cut It

When passing your business to children, other stakeholders include key employees and offspring who are not involved in the company. Continue reading

Posted in Exit Options, Exit Planning, Leadership, Management | Tagged , , , , , , , , , , , , , , , | 2 Comments

2 Responses to Exit Planning When Kids Don’t Cut It

  1. Valerie Koenig says:

    Nailed it, John.

  2. Maryanne Guido says:

    You got this right!

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COVID Fatigue Unites Business Owners

Dealing with  COVID fatigue unites business owners. If that sounds strange to you, let me make my case. I’m not doing this to whine, but I want business owners who don’t have an existing support structure to know that they … Continue reading

Posted in Entrepreneurship, Leadership, Management, Thoughts and Opinions | Tagged , , , , , , , , , , , | 3 Comments

3 Responses to COVID Fatigue Unites Business Owners

  1. Kay Scroggins says:

    Thank you, John, for writing this. The chronic impact of COVID-19 seems to get heavier as time goes on. Being part of TAB where I can share thoughts/feelings about difficulties has been so helpful during this time. Successful business owners have perseverance, but these times sure have been challenging. Your statement about the serial issues/problems is spot on. We fix one issue only to have several more lined up to deal with. The issues brought about by COVID-19 are on top of our usual issues so take even more time/energy/money… I hope you are well. Thank you again for your article.

  2. Jay McDowell says:

    John,
    In a few short paragraphs you have succinctly stated what so many feel, but are at a loss to define or adequately express. I have copied and shared your thoughtful article with a couple of my Business Coaching Clients that are doing “well” during COVID and yet feel strangely guilty in doing so. They know much of their “New Normal” success is COVID generated, and is temporary in nature, but are thankful, and a little guilty, that it comes from the misfortune of others.
    Lemonade from lemons with a COVID twist?

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Your Exit Plan: The 3 Inarguable Reasons to Start NOW

What is Your Exit Plan? If you’ve ever done a business plan for the purpose of raising capital, one of the key questions is “What is your exit plan?” Many business owners think that question is self-serving, intended merely to … Continue reading

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EBITDAC : What is Your Business Worth Now?

Several friends have sent me a picture of an EBITDAC coffee mug this week. As it states, EBITDAC stands for Earnings Before Interest, Taxes, Depreciation, Amortization and Coronavirus. Will this be the new measure of cash flow for valuing your … Continue reading

Posted in Exit Planning | Tagged , , , , , , , , , , , , , , , , , , , , | 8 Comments

8 Responses to EBITDAC : What is Your Business Worth Now?

  1. Jim Maher, EPI STL Chapter President says:

    Love your thought leadership!!

  2. Julie Keyes, EPI Twin Cities Chapter Pres says:

    Good article, John!

  3. Ed Pratesi says:

    Great article!

  4. Frederic Farcy says:

    Good Stuff John

  5. Bill Entwistle says:

    Great article John. Glad to see that you discuss “Planning for Your Comeback”, as I think that many businesses will need to “grow” their way out of this situation. There are enough doom and gloom articles out there, we need to provide these business owners some hope and optimism.

  6. Craig Noto says:

    Thank you John ,Great Article, I am so glad you send out these newsletters as i am in the transition cycle right now and having a succession plan is the most important to all business owners. Im so glad that i was part of TAB for over 8 years and learned about balancing work & play and building teams that can run the company with out me. Stay Safe out there

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Exit Planning in a Crisis

Why would you be exit planning in a  crisis? At the height of the economic expansion (a few months ago in late 2019) I was reviewing a company’s financial statements. Their sales were stagnant, and profits were minimal. When I … Continue reading

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