Category Archives: Exit Options

Choosing Your Timeframe to Exit

“My timeframe? Talk to me in about five years.” When business owners are asked about exit planning, that answer is almost ubiquitous. In fact, a much-quoted 2008 survey of owners by Price Waterhouse Coopers (now PwC – not clear why … Continue reading

Posted in Building Value, Exit Options, Exit Planning, Exit Strategies | Tagged , , , , , , , , , , , , , , | Leave a comment

Internal Transfers: Legacy vs. Lucre

Lifestyle vs. Legacy Why would I refer to the results of an internal transfer as “lifestyle vs. lucre?” Lucre is a pejorative term. While it is technically just a synonym for money, most dictionaries draw the parallel to its use in … Continue reading

Posted in Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Leadership, Management | Tagged , , , , , , , , , , , , , , , , | 2 Comments

After the Exit: Second Acts

As part of my effort to add variety to the types of exit planning posts here, I will occasionally include “Second Act”, stories about business owners who have already left one career, and are now doing something else. The Second … Continue reading

Posted in Entrepreneurship, Exit Options, Exit Planning, Life After | Tagged , , , , , , , , , , , , , | Leave a comment

Why GenXers Won’t Buy Your Business

There are six reasons why GenXers won’t buy your business. Last week I presented a webinar for the Exit Planning Institute entitled “The Perfect Storm.” It looks at six factors impacting the desire and the ability of Generation X buyers … Continue reading

Posted in Exit Options, Exit Planning, Exit Strategies | Tagged , , , , , , , , , , , , , , , , , , , , | 2 Comments

The Nimble Small Business

Almost since time began, the nimble small business has been axiomatic. Large corporations are like big ships, the common knowledge goes. They take a long time to change direction. That is a comforting thought to business owners who choose to see … Continue reading

Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Marketing and Sales | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment