Category Archives: Building Value

Four Basics of Exit Planning 1: Valuation

There are four basics an owner should address before beginning any exit, succession or transition plan. They are Valuation, Distance to Goal, Prospective Buyers and Professional Team. First, my apologies for missing a tri-weekly post. Between trips to Denver for … Continue reading

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Exit Planning: Ripples and Ripples.

Every stone thrown into a pond creates ripples. Every advance in technology does the same. The late Stephen Hawking said that we were progressing too quickly. Along with other technology and science notables, he argued for a slowing down of development in … Continue reading

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Succession Planning – Ownership Lessons

When selling your business to employees or family, ownership lessons rise to a special level of importance. Regardless of the financial, inheritance, estate or valuation aspects of the plan, the real question is how to prepare your successors to run … Continue reading

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Your Transition Advisor Team

Nothing impacts the success of your business transition more than the advisor team. Let’s say you receive a free pass to play in the Super Bowl. You will be playing against the New England Patriots, but you can choose any NFL player … Continue reading

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Selling Your Business – the Buyer’s Eyes

Selling your business is much like selling a house. In order to realize the highest price possible, you want it to look its best. The other day I passed an independent gas station/convenience store. The marquee at the curb advertised … Continue reading

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