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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
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Category Archives: Exit Options
Owners Live in Two Different Worlds
Business owners live in two different worlds. If you are a Baby Boomer, the title of this column might bring memories of any one of the many covers of the song by the same name. (Everyone from Nat King Cole to … Continue reading →
Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Top Blog Posts
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Tagged Baby Boomers, Boomer Bust, business, business brokerage, business ownership, business planning, business strategy, economy, entrepreneurship, exit planning, exit strategies, leadership, management, selling a business, small business, small business advice
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1 Comment
Selling Your Business in a Buyer’s Market
For almost ten years I’ve been writing and speaking about the issues facing Baby Boomer business owners as they begin a flood of small business sales. This recent article was syndicated in 16 trade and professional magazines. I reprint it … Continue reading →
Posted in Entrepreneurship, Exit Options, Exit Planning, Thoughts and Opinions
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Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, exit planning, exit strategies, management, selling a business, small business, small business advice
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3 Comments
Money is Only Money
Last week I discussed the general parameters of the private equity market for small and midsized businesses. A rational look at the number of “funds” active in the market, measured against the number of legitimate candidates for investment or acquisition, … Continue reading →
Investing in Your Own Business: Will It Pay Off?
A few months ago a business owner asked me to evaluate an acquisition offer for his small business. It was from a larger company headquartered in a different region of the country. They had a branch operation in his city, and wanted to expand … Continue reading →
Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Life After, Thoughts and Opinions
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Tagged Boomer Bust, business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, exit planning, exit strategies, financial, selling a business, small business, small business advice
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Key Man Policies May Not Cover a Buy/Sell Agreement
Over the last few weeks, I’ve had a number of conversations with clients about key man insurance. Let me say at the outset that I don’t sell insurance, and have no financial stake in whether any client has coverage or … Continue reading →