Exit Planning

We're wrapping up our... Read the Full Story

 
If all you do is match what your competition offers, you give your customer only one criterion on which to base their decision to buy from you – price. And that is a step into the commodity trap, a slow and painful death of lowering prices to get business.   
 
Enter the Monopoly Control concept. ... Read the Full Story
Financial Performance - Is there value in your financials?

Most business owners want to create wealth, exit on their terms, and empower the next generation to continue the legacy of their blood, sweat, and tears. There is only one way to make this happen – maximize the value of your business, NOW.  
 
Because if you wait, you will run out of runway and won’t maximize your business value. It happens all the time.
 ... Read the Full Story

Most business owners want to create wealth, exit on their terms, and empower the next generation to continue the legacy of their blood, sweat, and tears. There is only one way to make this happen – maximize the value of your business, NOW.  Because if you wait, you will run out of runway. It happens all too often.
 
How do you maximize value?  Focus... Read the Full Story

One thing I can guarantee every business owner – 100% of them will exit their business at some point in time. The question is will it be on their terms or someone else’s?
 
Business is hard.  Trying to grow while dealing with all the challenges presented by employees, customers, competitors, vendors, and banks is challenging. Seems... Read the Full Story

There are essentially two paths you can take when it comes to transitioning the ownership of your business – an internal transfer or an external transfer.  Each path offers several options. 
 
One thing is clearyou will eventually exit your business, either on your terms or someone else’s. ... Read the Full Story

Do you remember the old adage, “Nothing is certain but death and taxes”?  Well, add one more item - exiting your business.  The question is:  will it be on your terms?
 
This Number Tells A Sad Story
 
The Exit Planning Institute (EPI) has found that over 75% of business owners who have exited their business ‘... Read the Full Story

How do I create an exit plan?

There are essentially two paths you can take when it comes to transitioning the ownership of your business – an internal transfer or an external transfer.  Each path offers several options.
 
How do you determine which one is right for you? For a family business owner, few questions require as much soul-searching as the issue of whom to transition ownership to when... Read the Full Story