Common Misconceptions About Exit Planning for Business Owners
Though exit planning for business owners continues to grow in popularity, there are still many misconceptions about the process. When owners clearly understand the reasons for exit [...]
3 Ways to Position Yourself and Your Family for Future Success
Many business owners support their families through their businesses. Some have larger-than-life lifestyles, and why not, they earned the right to enjoy their success. But what if [...]
3 Things All Valuable Businesses Have
Businesses can be valuable for a myriad of reasons. Some companies thrive on their strong name recognition, others leverage inventory, still, others focus on providing the “white [...]
What Is a “Key Employee”?
When discussing exit planning, you’ll often hear the phrase: key employee. In fact, the term key employee comes up a lot. As Advisors we often say that... [...]
Develop Value through an Amazing Management Team
It’s important to realize that an amazing management team doesn’t just happen. It takes time. It takes planning. It takes commitment to the development of staff. And [...]
The Most Common Reason Third-Party Sales Fail
What is third party sales and why third parties fail? At the outset of Exit Planning, many business owners believe that they’d like to sell their businesses [...]