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Posts Tagged ‘Exit Strategies’

February 24, 2011 Thinking About Exit Strategies: Do You Know What Your Business is Worth?

If you’re thinking about selling your business, you need to know the strategic value of your company to potential buyers. Do you know what your tangible and intangible assets are worth? And if you do, how can you increase the strategic value of your business? An article on SmartCompany.com, Exit Strategies: Identifying Strategic Value, provides [...]

August 31, 2010 Financial Advisors Urging Business Owners to Know the Value of Their Businesses

Because of the economic downturn, many business owners are reluctant to think about the value of their businesses. Fearful that their businesses have lost value, it’s the last thing they want to hear about. An article in Financial Advisor suggests that many business advisors are urging their clients who own businesses to have their businesses [...]

March 30, 2010 Five Primary Exit Strategies

We’ve written blogs about exit strategies and the importance of having one in place. You can read those blogs here and here. A recent article at entrepreneur.com gives an excellent overview of the five primary exit strategies, plus the pros and cons of each. In summary: The “Just Take It” Strategy: More appropriate for private [...]

March 25, 2010 Thinking about Estate Planning

Recently, in our post, “… And Then Get Back to Living,” we wrote about the importance of succession planning for every business. Last week, in Inc. magazine, there was a great article, “How to Create an Estate Plan,” which provides a step-by-step guide on the most effective ways to start thinking about planning for the [...]

May 12, 2009 Exit Strategies

You’ve worked hard to build your business. Small business ownership is a pursuit filled with extremes – extreme excitement, extreme disappointment, and extreme sacrifice. It’s no wonder that deciding how best to leave your business can also be an emotional decision. Today’s topic takes the emotion out of that decision and simply lays out your [...]