Posts Tagged ‘exit planning’
In Times of Uncertainty…
ESOPs – They Work!!
You may have noticed previous articles I have written on the virtues of ESOPs – Employee Stock Ownership Plans. An ESOP can be set up and used to purchase your business, thereby providing you, the business owner, an avenue for a successful business exit. ESOPs come with a ton of regulation and are not for…
Read MoreRisks to Know Before Selling Your Business
B2B CFO® is at it again Just a quick heads up to let you know that the B2B CFO® Northern California partners will be presenting a free educational seminar sometime in the summer/fall of 2017 called “Risks You Need to Know Before Selling Your Business.” The series will be based on the 4th edition of our book The Exit Strategy…
Read MoreB2B CFO® – Strategic, not Tactical Partners
How To Keep Your Job (If You’re A CFO) ByPYMNTS Posted on June 1, 2016® There are market forces at work threatening the job of the chief financial officer, and we’re not just talking about the role automation and robots can play in replacing human employees. A new generation is taking the lead at U.S.…
Read MoreSonoma County Business Sale Tsunami
In B2B CFO’s The Exit Strategy Handbook, we provide statistics that reflect an upcoming “tsunami” of businesses that will need to transition to new ownership over the next 20 years. We estimate that 378,000 businesses, on average, will hit the market annually over the next 20 years. Our conclusions are based on census data showing there…
Read MoreESOPs – Truth or Fables?
Employee Stock Ownership Plans (ESOPs) can make wonderful business exit vehicles in some circumstances. That said, ESOPs are commonly misunderstood and prematurely dismissed from consideration by business owners when considering a business exit. Some would even go so far as to compare the claims of ESOP proponents to the works of the ancient Greek writer…
Read MoreExit planning, Succession planning or Transition planning?
We know. Its hard to keep up with so many terms. What are the differences between exit planning, succession planning, and transition planning? There is no right answer, but here’s how we keep the terms straight. Succession Planning Succession planning is a process for identifying and developing new people to assume leadership positions.…
Read MoreBusiness Growth Workshop in Santa Rosa – Lunch and Learn on October 20th
North Bay Area Entrepreneurs, The economy has rebounded and you are likely considering strategies for growth and increased profitability. For assistance, you may have considered a complimentary Discovery Analysis from B2B CFO® or seen our video on Growing Profitably. Now is clearly the time to commit to a growth strategy that will allow for increased…
Read MoreThe Business Exit Tsunami is Coming!
Inc. Magazine just completed a survey of the 2014 Inc. 500|5000 winners, of which B2B CFO® was one. I saw this graph and wanted to share it with you. 32% of the business owners are planning to exit in the next 1-5 years. There are roughly six million employer firms in the US. If 32% of…
Read MoreThe Baby Boomer Tsunami is Coming
Jerry Mills, founder and CEO at B2B CFO talks more about the pending “tsunami” of businesses that will come up for sale over the next decade or so, and what small and medium sized business owners need to do now.
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