Business Exit Readiness: Planning For a Meaningful Third Act

Business Exit Readiness: Planning For a Meaningful Third Act

Exiting a business is more than a financial transaction; it is a significant life transition that requires careful planning and consideration. Whatever your motivation to sell, ensuring you are ready on a personal, financial, and business level is key.

Here is how to navigate each aspect.

For Buyers: The 5 Essential Steps of Business Acquisition

For Buyers: The 5 Essential Steps of Business Acquisition

You’ve decided to buy a business.

Maybe you’re tired of the 9-to-5 grind or binge-watched “Shark Tank” and feel inspired. Whatever your motivation, diving into business ownership can be an exciting adventure.

Here are five essential steps to follow when buying a business.

Who’s Buying Your Business? Two Types of Buyers

Who’s Buying Your Business? Two Types of Buyers

You’ve decided to sell your business.

Whether you aim to sell now or later, you need to consider two primary types of buyers: The financial and the strategic buyer.

In this article you’ll learn the difference between them and how to prepare for both.

The Cost of Ignorance: Why Knowing Your Company’s Value is Critical

The Cost of Ignorance: Why Knowing Your Company’s Value is Critical

A shocking 98% of business owners in the US have no idea what their company is worth. This is due to an aspect of running a business that often gets neglected: performing an accurate business valuation.

In this article, you’ll find out how to avoid making this mistake.

Business Valuation: Eight Benefits for Company Owners

Business Valuation: Eight Benefits for Company Owners

The wealth of two-thirds of all small business owners is tied up in their businesses. For many of them, their business becomes the personal retirement savings vehicle. Sadly, most are driving blind.

Preparing for retirement is one of the benefits of a business valuation. Here are eight others:

Double Down to Stand Out: Mastering the Art of Specialization

Double Down to Stand Out: Mastering the Art of Specialization

Two important steps will set you apart from your competition:

1. Specializing in one product or service

2. Focusing on a specific industry

In this article, you’ll learn the benefits of both and how to implement them in your company.