Posted on May 27th, 2009 by Bay Area Business Sales
Filed under: Business Owner Objectives, Exit Strategy
Let’s review the four areas where business owners who want to both survive in today’s economic climate and emerge from it poised for growth (or sale) can focus their energies. As you may recall, those areas are:
Preserving and Protecting Value
Identifying Value and Cash Flow
Creating Revenue
Creating Value
Most owners are currently waist-deep in the first area: cutting [...]
Tags: build business value, business exit plan, business exit strategy, business planning, departure objectives, exit planning minimize taxes, exit your business, financial goals, increase business value, key management, preserve business value, retirement, sale of your business, SBA financing, sell your business, stable management team, successful business exit, third party sale, transfer of business ownership, transfer options, transfer to children, transfer to insiders, transfer your business, universal truths
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Posted on February 23rd, 2009 by Bay Area Business Sales
Filed under: Exit Strategy
Nora Chapman’s story was typical of most business owners. At age 54, she was ready to leave her 25-employee business. She was thinking of selling to one or two of her key employees and when we met her, her first question to us was: “Is this the right exit choice?”
Many of you find yourself in [...]
Tags: baby boomers, business exit plan, business exit strategy, exit your business, leaving your business, succession planning, transfer your business, universal truths
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Posted on May 28th, 2008 by Bay Area Business Sales
Filed under: Exit Strategy
When You’re Too Busy Fighting Fires
You own a profitable and growing business that provides you many benefits; income, wealth, identity, challenge, satisfaction, and pride. By any measure you are a success. Congratulations.
Hold on just a minute. Despite all your successes, your business may be failing you in a very unexpected way.
Let’s consider an “owner” [...]
Tags: business exit strategy, business planning, business success, universal truths
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