Category Archives: Exit Planning

EBITDAC III: Where are we now?

EBITDAC is a facetious term for Earnings Before Interest Taxes Depreciation Amortization and COVID. I first discussed it in this column back in April of 2020, with an update on the impact of PPP loans in May of that year. … Continue reading

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Manager or Leader? Planning Succession

Should you hire a manager or leader as part of your succession planning?  Before you make that decision, you need a pretty good idea of what your exit plan is. Once your objective is set, it’s one of the answers … Continue reading

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Non-Qualified Plans in Exit Planning

When I talk to business owners about “non-qualified plans,” their first reaction is often “Hold on there. I don’t want to get in trouble!” The term “Non-qualified” merely refers to the Employee Retirement Income Security Act of 1974, more commonly … Continue reading

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The Missing Employees

Are you missing employees? Where did they go? I just got off the phone with a restaurant owner who temporarily closed one of his locations so that he could redistribute the staff to the other three. I’ve also heard or … Continue reading

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Internal Leaders Affect the Value of Your Business

Internal leaders may not be obvious and can influence your team either positively or negatively. If you fail to identify them, however, you could see a dramatic effect on the value of your company. Continue reading

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