Tag Archives: entrepreneurship

Exit Strategy – Harvest or Grow?

In every internal transfer, whether to family or employees, the owner/seller has to make the harvest or grow decision. We’ll presume that your business has already reached a point where its value meets or exceeds your financial objectives as the … Continue reading

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Owner Obstacles to an Exit Plan

Owner obstacles to the implementation of an exit plan are often unconscious, but they can be dramatic.  Their attachment to the business can be difficult to break. An advisor spends a lot of time and energy developing the vision for … Continue reading

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Entreprenuers Don’t Use Rearview Mirrors

Entrepreneurs don’t use rearview mirrors. All business owners are goal oriented. From the day you founded or assumed control of your company, you set targets and achieved them. That is why you are successful. You know how to define a … Continue reading

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Avoiding the “Exit” Word

Owners don’t like the “Exit” word. They tell us regularly to change it, or that talking about it is uncomfortable. It’s the elephant in the room. I understand. Anyone selling life insurance or funeral pre-planning knows that you don’t start … Continue reading

Posted in Exit Planning, Exit Strategies | Tagged , , , , , , , , , , , | 2 Comments

2 Responses to Avoiding the “Exit” Word

  1. Jim Wisdom, CFP, CEPA says:

    Well stated, John. Very true.

  2. Valerie Koenig says:

    I love this, John. I’m going to use Bob in all my descriptions moving forward.

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Main Street Business and Middle-Market

A common area of confusion among both business owners and advisors is the difference between a “Main Street” business, a “Middle Market” business, and a “Mom and Pop” business. Main Street Businesses The International Business Brokers’ Association and other professional … Continue reading

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