Tag: exit planning

To Business Owners: Make these 3 New Year’s resolutions before you try to sell your business

If you own your own business and you’re considering selling your business this year you aren’t alone. Four million Baby Boomers (ages 54-72) currently own businesses in the US. Most understand that the time for their exit is approaching. About 80% expect to sell their business within the next 10 years. Of those business owners,… Read more »

Beware the “Country Club Price” A Letter to Business Owners Selling their Business

Dear Business Owner, You’re thinking about selling your business and you’re excited. You were sitting in the club room after a round of golf last week-end and one of your fellow club members let drop that he had just sold his business for 10 times earnings.  You’ve mentally applied that multiple to your earnings and… Read more »

Spruce Things Up

Three Things You Can Do Right Now to Increase Your Business’s Value The sizzle has sold more steaks than the cow ever has, although the cow is, of course, mighty important.                                                 … Read more »

Five Reasons You Won’t Sell Your Business – An Open Letter to Business Owners

Dear Business Owner, You have done so many right things. With tremendous effort you have built a business from the ground up. Your business success has given you much; respect in your community and industry, a comfortable lifestyle for you and your family, and an expectation that you will someday sell your business and provide… Read more »