Imagine this: You’ve decided to sell your business. After years of pouring your heart and soul into it, you’re ready for a new chapter. But as you start the process, the questions pile up—how do you find the right buyer? What’s a fair price? How do you handle negotiations without losing your edge? Or maybe […]
selling
None of Us Get Out Alive
While the core 5 D’s are widely recognized, there is some variation in definitions. For instance, Evolve Systems includes “Disaster” instead of “Distress,” focusing on external threats like pandemics, which may overlap with “Distress” in other sources. This variation is not controversial but reflects the adaptability of exit planning to different business contexts. The evidence leans toward the importance of covering all unexpected scenarios, whether labeled as “Distress” or “Disaster,” to ensure comprehensive planning.
The Baby Boomer Business Dilemma: Why Selling Now is Crucia
a surprising number of baby boomers are holding onto their businesses rather than putting them on the market. This hesitation has significant implications—not just for the boomers themselves, but for the broader economy. In this post, we’ll explore why baby boomers are delaying the sale of their businesses and why the time to act is running out.
Pouring Your Business into a New Glass: How an Asset Sale Works
The buyer gets a clean slate, a new glass filled only with what they want from your business. They don’t take on the company’s history, its debts, or its baggage unless they explicitly agree to. It’s a selective pour, and that’s where the beauty of this structure lies.
Value….what is my business worth?
No matter what, no matter when…its always the same question and justifiably so. How much is my business worth. Invariably ever business owner goes to the market place and looks at what things are LISTED for and assumes that they are going to get that numbe