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If you’re in the throes of building a company, you are likely not even thinking about what comes next. But now is also the time to start planning the long-term strategy for your exit. To one day ...
For many business owners, the daily focus is on growth, sales, staff, and operations. Planning an exit often sits far down ...
Securing the necessary tools and surrounding yourself with the right advisors to help inform your decisions along the way is key to any successful exit plan. 1. Business Valuation – Knowing what ...
Many owners of small firms don't plan their exit properly — or at all. Here are things advisers should keep in mind to help business-owner clients make plans.
Selling a company quickly with no plan or preparation can often bring a lower price, and no owner wants to leave money on the table after a lifetime of work. If business exit is on the horizon within ...
Small business owners say it is best to have a plan well in advance of making a big change like ceding a business to someone else. Mike Roach started Paloma Clothing in Portland, Oregon, as a co ...
Investors’ agenda is focused on exit, which isn’t always helpful when an entrepreneur is trying to build a business. With such a laser focus on exit, investors can act as a major brake or ...
Business owners plotting an exit strategy should consider that the median price for a small business is only $329,000, and only a third of owners with a company valued at $2.5 million or more can ...
They cannot imagine exiting it, and that is why many business owners do not plan for it. In the 2023 National State of Owner Readiness Report by Exit Planning Institute in the US, 1,162 survey ...