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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.
John F. Dini, CExP, CEPA
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. Are you a Hunter or a Farmer?
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How prepared are you to exit your company?
The Assessment breaks down the four major categories of exit readiness; Finance, Planning, Operations and Revenue/Profit.
Tag Archives: small business
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
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2 Responses to The AI role in Exit Planning
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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. -
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.
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