Tag Archives: Boomer Bust

Personal Vision – Life After the Sale Part I

Life after the sale is often both the most important and most neglected factor in exit planning. Although (according to two different surveys in 2013 and 2022,) 75% of owners report regrets or unhappiness a year after the transition, exit … Continue reading

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2 Responses to Personal Vision – Life After the Sale Part I

  1. Kyle Whalen says:

    Am 2 years past selling to an ESOP. Transition is is crazy hard for a lot of the reasons you stated and more.
    Been reading your for many years

  2. Randy Clark says:

    Very good points

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Exit Strategies – The Road Less Traveled

The road less traveled is often a misimpression when considering a transition from business ownership. Surveys show that roughly 85% of owners expect their exit to happen via a sale of the business to a third party. A third-party sale … Continue reading

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The AI role in Exit Planning

Is there an AI role in Exit Planning? The media is packed with stories about Artificial Intelligence. According to the stories, because a smart search engine (which is essentially what a Learning Language Model [LLM] is,) can pass a Bar … Continue reading

Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Life After | Tagged , , , , , , , , , , , , | 2 Comments

2 Responses to The AI role in Exit Planning

  1. David Cunningham says:

    Having answers to these ten queries gives a business owner a valuable checklist of issues to consider before committing to a selling process.
    In addition to these ten queries, I would recommend “How do you calculate the Fair Market Value of a business?” I believe that a business owner should perform an FMV calculation every year.

  2. David Cunningham says:

    These 10 queries give the business owner an excellent checklist of issues to consider before committing to the sales process. I recommend one other question, “How do you calculate the Fair Market Value of a business?” I believe that business owners should do FMV calculations every year.

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The Role of a Coach in Exit Planning

Defining the role of a coach on your exit planning team doesn’t just happen. Like any other aspect of working with consultants, you need to set expectations upfront. Many advisors like to characterize themselves as the “quarterback” of a transition … Continue reading

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Family Succession Planning: Who Gets the Office?

Sometimes the most sensitive question in family succession planning is “Who gets the office?” Dad’s (or Mom’s) office is usually perceived as the center of authority by the employees and other family members. That is where you got called on … Continue reading

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One Response to Family Succession Planning: Who Gets the Office?

  1. Holland vanValkenburgh says:

    Well stated

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