Posts Tagged ‘Exit Planning’
Exit value and the multiples are the way to judge success. What else matters?
Ignoring two other critical factors could lead to lifelong regret… When discussing sales, it frequently revolves around a number in dollars or “the multiple”. This is important, but if 76% of former owners regret selling, there is more to consider than getting the return you deserve. Two additional critical factors for a successful exit are…
Read More“My business is a legacy that I’m going to pass to my kids. That’s the best thing for everyone.” Is it?
“My business is a legacy that I’m going to pass to my kids. That’s the best thing for everyone.” Is it? Your business has likely seen more of you than your family has. It makes sense, then, that letting go feels impossible. It isn’t just a company; it’s a decade (or a generation) of missed…
Read MoreNo one wants to leave a mess for their family. They want to leave a legacy. What will you leave?
“I’m not going to exit for years. Maybe never!” There are two big problems with these common statements.
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