We have all heard the old proverb that it’s dangerous to put all of your eggs in one basket.” But does the proverb apply in the world of business ownership? Specifically, is it a valid warning or just a worn-out cliché? It seems to make good sense to concentrate all of your business effort and [...]
Posts Tagged ‘continuity plan’
Putting All of Your Eggs in One Basket
Posted on February 25th, 2009 by Bay Area Business Sales
Filed under: Business Continuity, Exit Strategy, Increasing & Preserving Business Value, Personal Wealth, Uncategorized
Sole Owner Continuity Plan
Posted on January 26th, 2009 by Bay Area Business Sales
Filed under: Business Continuity, Exit Strategy
Making Sure the Business Continues When You Don’t
Greg King barely survived helping his oldest son learn to drive and now it was time to teach his younger son. Before putting himself through on-the-road training one last time, Greg called his life insurance representative. “I have no co-owners to buy my company if I don’t come [...]