The Most Efficient Way to Plan Your Exit – and Reap Benefits Today

As a successful business owner, you’ve likely considered the day you’ll exit your company and what the next chapter of your life will look like. Although many business owners consider it, far too few start planning with enough lead time to exit on their terms. Exit planning is a complex process that truly can never …

Read More »

Right People, Right Job – A Case Study of Transformation

#3 in a Series of Three Articles on Key Employees Having the right people in the right positions is the foundation for a cohesive culture, seamless operations and greater success. It’s especially true for those who are considered “key” employees, who are also critical to a successful exit strategy. My most recent blogs focused on …

Read More »

Developing and Retaining Key Employees

#2 in a series of three articles on Key Employees Having the right people in the right positions is critical to the success of a business. This is especially true for those who are considered “key” employees, and key employees are critical to a successful exit strategy. My last blog, Finding and Hiring Key Employees, …

Read More »

Finding and Hiring Key Employees

#1 in a Series of Three Articles on Key Employees Every business owner knows the importance of having the right people in the right positions. When that’s the case, your company has a cohesive culture, continuity of vision, seamless operations, and forward motion. Obstacles and struggles are few. Having the right people is especially critical …

Read More »

How the Tax Cuts and Jobs Act Affects Small Business Owners

The Tax Cut and Jobs Act was President Trump’s first attempt at tax reform and makes major changes to both individual and business income taxation. Initially touted as simplifying tax code, it actually added more than 500 pages. Generally affecting tax years beginning after December 31, 2017, some provisions are intended to be permanent and …

Read More »

Resolve to Make 2019 the Year You Start Your Exit Plan

Most business owners are counting on the proceeds from the sale of their business, upon their exit, to maintain the security of their lifestyle. Yet a study by business transition specialists, ROCG, revealed that no more than 33% of businesses actually complete the sales process and that only 42% of study participants had formal exit …

Read More »

5 Steps Toward Building Business Value

Planning for the eventual exit from your business and the transfer of its ownership involves creating objectives about what you want to do personally – whether pursuing another business endeavor or retiring – and whether you’ll be financially prepared to exit on your terms and provide your family with the lifestyle you want for them. …

Read More »

Exit Planning Peer Advisory Board = Success Now and Later

As a successful business owner, it may have crossed your mind that one day you may want to retire, sell the company or transition the business to a trusted insider. Doing this successfully, and on your terms, takes planning.  When navigating the complex process of exit planning, there is success in numbers! Consider joining our …

Read More »

Could a Successful Exit Be Out of Your Reach?

Many business owners, even though they eventually develop an exit plan, start the process too late to allow themselves the years they need to evaluate, cultivate and protect the value of their business. Don’t let that happen to you. In a study by business transition specialists, ROCG, 84% of survey respondents indicated that, upon their …

Read More »