Tom's Articles & Media
Business Exit Preparation
I often have small business owners tell me they are waiting to cash out of their business when the time is right. I then ask a few very simple questions? When do you think that might be? How much do you think your business is worth and how do you know its value? My line…
Read More >Advice From Top CFOs On Cash Flow Strategies And Best Practices
Free Powerful Advice From America’s Top CFOs On Cash Flow Strategies And Best Practices March 31 2020 – 07:07AM PR Newswire (US) Print MESA, Ariz., March 31, 2020 /PRNewswire/ — As business owners grapple with the new reality of a COVID-19 crisis-stricken economy, B2B CFO, a national firm dedicated to providing management advisory services to privately held companies,…
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The Great Pandemic Recession of 2020 -Manage Your Cash
Try telling a small business owner struggling to meet his payroll or pay his suppliers that the Pandemic of 2020 will be okay soon. The great recession of 2020 has caused a lot of pain for many businesses and caught many of them unprepared to cope with a cash crisis and the lack of available…
Read More >Employee Stock Ownership Plans Esop An Exit Strategy Maybe
ESOP’s may be used as a means to allow shareholders with management responsibilities in a closely held company to gradually sell and ease out of the business (exit strategy) over a number of years and reward employees with a benefit tied to corporate performance (i.e. – stock value increases). Implementing and administering ESOP’s are very…
Read More >Exit Planning Strategies with ESOP’S
You may be thinking of selling your business in the traditional way but have you considered an ESOP (Employee Stock Ownership Plan) as an alternative vehicle to exit your closely held business? If not, this article may get you thinking. ESOP’s have been around since the early 80’s but not well known as a selling…
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