As a business owner, you are used to thinking ahead concerning your business strategy and taking care of finances. But do you take enough care of your personal strategy and finance? Many business … [Read more...] about Retirement Planning for Business Owners
Have a (Succession) Plan
It may be hard to fathom the reality of selling your business. You had a goal to grow and build your business, and over years of work, your energy, your vision, your customers, based on your value … [Read more...] about Have a (Succession) Plan
How to Perform an End of Business Quarter Evaluation
As you come to the close of a business quarter, small business owners and managers must make the time to evaluate how well the quarter has gone to begin the next business quarter with confidence. This … [Read more...] about How to Perform an End of Business Quarter Evaluation
Succession Planning Tips From Popular Television
After the final season of the acclaimed and award-winning series Game of Thrones, many die-hard fans, such as myself, were somewhat underwhelmed with the ending. As dedicated fans, we have invested … [Read more...] about Succession Planning Tips From Popular Television
“Are You Ready to Sell Your Business?” Checklist
Are you an owner who is thinking of selling your business? If so, do you know how to sell your business? If you are like a lot of owners the answer to the first question is, “Yes, I’m ready to go … [Read more...] about “Are You Ready to Sell Your Business?” Checklist
Positioning Your Business to Sell
Do you have a business to sell in the next few years? If so, then you are joining the ranks of a significant number of owners who also wish to sell. Baby boomer business owners (born from 1946 to … [Read more...] about Positioning Your Business to Sell
Before Selling Your Business Know its Value
Are you a business owner who expects to fund your retirement by selling your company? If so, you are not alone. Most owners who are selling their businesses believe they will make enough money to … [Read more...] about Before Selling Your Business Know its Value
A Growing Business can Outgrow an Owner
Most small businesses start out, well, small. Usually, there is just the owner and maybe a few associates. This is typically referred to a 'Mom & Pop" business. However, as the business starts to … [Read more...] about A Growing Business can Outgrow an Owner
Want to Be an Absentee Owner?
Many small business owners start their companies with the vague idea that someday they want to be an absentee owner. Years pass, they work hard and become successful. Eventually, they are ready to … [Read more...] about Want to Be an Absentee Owner?
It’s Never too Early to Have an Exit Strategy
Business plans - every small business owner should have one. Most don't, but at least they know they ought to. As for an exit plan, most don't know that they're supposed to have one. The closest they … [Read more...] about It’s Never too Early to Have an Exit Strategy