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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
The Dismal Ds and Exit Planning
The Dismal Ds are a cynical list of problems that can force your exit from the business, but they are no joke. Continue reading →
Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Management
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Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, economy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, financial, management, small business, small business advice
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Exit Planning When Kids Don’t Cut It
When passing your business to children, other stakeholders include key employees and offspring who are not involved in the company. Continue reading →
Posted in Exit Options, Exit Planning, Leadership, Management
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Tagged Baby Boomers, Boomer Bust, business, business ownership, business planning, business strategy, employees, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, family business, selling a business, small business, small business advice
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Exiting a Small Business #2 – Selling to a Third Party
“In our last episode,” (I’ve always wanted to say that) we discussed the exit paths that are not usually available when exiting a small busineses. Those are ESOP, Private Equity and Strategic Acquisition. Now let’s talk about what you can … Continue reading →
Posted in Building Value, Exit Options, Exit Planning
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Tagged Baby Boomers, Boomer Bust, business brokerage, business ownership, business planning, business strategy, entrepreneurship, Exit Options, exit planning, exit strategies, financial, leadership, selling a business, small business, small business advice
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Using Waterfalls in Exit Planning
One of the most useful concepts in business planning is that of “waterfalls.” The analogy is apt, if perhaps less than perfect. Think of any outcome anticipated in a contract that is based on an “if…then” situation. It can likely … Continue reading →
San Antonio Business Journal Leadership Trust
I just had my first article published for the San Antonio Business Journal Leadership Trust. Please take a look: https://www.bizjournals.com/sanantonio/news/2019/03/26/planning-your-business-transition-heres-what-you-should-consider.html?iana=cco_landing_news
Posted in Entrepreneurship, Exit Options, Exit Planning, Exit Strategies
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Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, exit planning, exit strategies, San Antonio Business Journal, selling a business, small business, small business advice
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