Tag Archives: business ownership

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

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

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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Celebrating Mr. Fezziwig

Since 2013 I’ve updated this piece about the underappreciated and forgotten boss of A Christmas Carol, Mr. Fezziwig. I hope that you enjoy it. Merry Christmas! Last week was the 180th anniversary of the publication of Charles Dickens’s A Christmas … Continue reading

Posted in Building Value, Entrepreneurship, Leadership, Management | Tagged , , , , , , | 1 Comment

One Response to Celebrating Mr. Fezziwig

  1. Tom Morton says:

    Lovely piece, John. I make a point of rereading A Christmas Carol every year — a masterpiece! And (as you say) Mr Fezziwig is someone we should all aspire to!
    Best wishes, and every good wish for 2024,
    Tom

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Exit Planning – Lifestyle and Legacy

Lifestyle and Legacy are two very different types of owner transition objectives. When we ask a client “What do you expect as a result of our exit planning?” the answer may be about the money, the time frame, or the … Continue reading

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Stakeholders in Exit Planning

When preparing for the transfer of a business, there are many stakeholders who can impact your plan. Some have direct authority or decision-making capability over the transaction, but others may have substantial influence. In general, it’s best to presume that … Continue reading

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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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