-
-
-
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.
-
Search Posts by Keyword
Tag Archives: business strategy
Protect Your Business with A Solid Continuity Plan
A Solid Continuity Plan A great characteristic of successful business owners is that they are optimistic people. They have a “can do” attitude, setting their goals high, taking risks, hiring the right people, constantly striving to improve the delivery of … Continue reading →
Posted in Exit Planning
|
Tagged business planning, business strategy, Exit Options, exit planning, exit strategies, financial
|
Leave a comment
Leave a Reply Cancel reply
EBITDAC : What is Your Business Worth Now?
Several friends have sent me a picture of an EBITDAC coffee mug this week. As it states, EBITDAC stands for Earnings Before Interest, Taxes, Depreciation, Amortization and Coronavirus. Will this be the new measure of cash flow for valuing your … Continue reading →
Posted in Exit Planning
|
Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, EBITDAC, economy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, financial, leadership, management, new business, sales, sales management, selling a business, small business, small business advice
|
8 Comments
8 Responses to EBITDAC : What is Your Business Worth Now?
Leave a Reply Cancel reply
Exit Planning in a Crisis
Why would you be exit planning in a crisis? At the height of the economic expansion (a few months ago in late 2019) I was reviewing a company’s financial statements. Their sales were stagnant, and profits were minimal. When I … Continue reading →
Posted in Exit Planning
|
Tagged Baby Boomers, Boomer Bust, business, business ownership, business planning, business strategy, economy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, recession, selling a business, small business, small business advice
|
Leave a comment
Leave a Reply Cancel reply
Quarterbacking is Not Exit Planning
Quarterbacking is a popular term when exit planners are talking to clients. It’s supposed to invoke a vision of someone who is in control. Think about a Tom Brady, Aaron Rodgers or Patrick Mahomes standing tall in the pocket, surveying … Continue reading →
One Response to Quarterbacking is Not Exit Planning
-
Jim Wisdom says:
John: Thx for this Blog post. It helps to clarify the role of the Exit Planning Strategist for all concerned- the business owner, the other advisors, and even the Exit Planning Strategist. Great information!
Leave a Reply Cancel reply
Exit Planning Checklist for 2020
The beginning of a new year is a great time to review your Exit Planning Checklist. All business owners will stop being business owners at some point. So, there is no better time to begin planning for the inevitable than … Continue reading →
Love your thought leadership!!
Good article, John!
Thanks Julie and Jim!
Great article!
Good Stuff John
Great article John. Glad to see that you discuss “Planning for Your Comeback”, as I think that many businesses will need to “grow” their way out of this situation. There are enough doom and gloom articles out there, we need to provide these business owners some hope and optimism.
Thank you John ,Great Article, I am so glad you send out these newsletters as i am in the transition cycle right now and having a succession plan is the most important to all business owners. Im so glad that i was part of TAB for over 8 years and learned about balancing work & play and building teams that can run the company with out me. Stay Safe out there
Thanks Craig,
Great to hear from you. I love watching your transition process in the paper. Good for you!