Category Archives: Exit Planning

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

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Exiting a Small Business Part 1

Owners who are exiting a small business are often stymied by the range of choices in exit planning. Most literature on the topic discusses seven or eight avenues to exit. A sale to a third party can be to an … Continue reading

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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

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Video on Preparing for Your Exit Plan

I contributed this video interview to SuccessionMatching.com for their recent Summit. It is about the preparation you need to do before starting an actual planning process. Succession Matching has made it available for free for another week. (requires creating a … Continue reading

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Podcast on Exit Planning Choices

I had a nice conversation last week with Pat Ennis of Ennis Legacy Partners and Walter H. Deyhle of Gelman, Rosenberg and Freeman,CPAs, both in Maryland. Thanks for the invitation, Pat! You can listen (25 minutes) here.

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