How can FROGS drive up the value of your business?
Unless you own a pet store that sells these cute amphibians, the answer to that question is not immediately clear. But it’s true, FROGS can drive up the value of businesses in all industries! Read this article to find the answer to this unusual question …
Business Freedom and Happiness. What is the best path to get there?
Your nagging problem is that you don’t have a clear picture of how to transition your business for the money you want, the terms you need, and the timeline of your choice. Here’s the solution to that nagging problem …
Failing to plan has a breathtaking price. Don’t sacrifice your future!
It is common for business owners to be overwhelmed by the thought of transitioning out, or become so busy fighting daily fires in their businesses that they assume they cannot plan their transition. So if you’re unsure about your future business transition, why is it important to act on it today?
How To Stop Key Employees Hijacking Your Business Exit
Because of their role in the business, key employees can just as easily hijack and stall your business exit, as facilitate it.
Timing is Everything
If you’ve ever thought “Why bother planning for my business exit when I can’t sell it now or anytime soon?”, then consider Ron’s story …
Is Your Business Worth As Much As You Think?
Many business owners aren’t exactly sure what their businesses are worth. More commonly, many business owners overestimate the value of their businesses based on rules of thumb, comparing what outwardly similar businesses have sold for or simple gut feeling. Failing to know what your business is worth right now can have negative consequences on how you plan for the future.
Why Business Transition Planning? Why Now?
Only the planning process sets up the best opportunity to transition out of your business on your terms despite the glut of sellers, dearth of buyers, vagaries of the market and investment world, and the myriad of known and unknown influences on your business.
How Emotion Affects Your Business Exit
Leaving the business is one of the most emotional events business owners can face, which means business owners should take care when making decisions that can affect millions of dollars and years of retirement.