Exit planning
Are you a Finder, Minder or Grinder?
Being at the top can be lonely, especially when the urgent issues of the day are competing for your attention. Do you feel you have limited time to focus fully on the vital strategic issues that impact the company’s performance and future? Those business leaders who struggle with safely delegating tasks or relinquishing decisions to…
Read MoreReady for a Business Sale? Steps to Build Your Advisory Team
As a business owner, you have worked tirelessly to get your company to a point where it can be sold. Naturally, selling is understandably an emotional and complex undertaking. According to a study by the US Chamber of Commerce, just 20% of companies put up for sale are ultimately sold, meaning that four out of…
Read More10 Financial Metrics Every Business Owner Should Monitor
Regardless of the size, age, or industry, all companies need to consistently monitor their financial performance. Long-term success and goal achievement greatly depends on generating revenue and managing your financial metrics. Having trackable metrics with benchmarks ensures healthy business performance. By tracking and monitoring specific financial metrics over time, the business owner can gauge cash…
Read MoreHow to Prune to Promote Growth in 2023?
It seems counterintuitive to cut off branches, leaves, or even roots to get larger, fuller plants. And yet, it’s one of the most important tasks for a thriving, healthy garden. Just like a garden, a healthy and thriving business requires an Owner who can tend to the health of their business by pruning or removing…
Read More2023 Exit Planning Guide
Economic conditions such as high market demand for profitable businesses, labor shortages, and economic uncertainty in the year ahead are bringing many business owners to the point of selling their business. Whether a business sale is on the short-term horizon or a future consideration, the sale will be one of the most significant business actions…
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