Monthly Archives April 2020

Considerations In Planning and Executing Your Business Exit Strategy

April 27, 2020 | by | Comments Off on Considerations In Planning and Executing Your Business Exit Strategy

Most business owners are not aware that it can take up to two (2) years or more to properly position a company for sale. Proper positioning means that at the time your business “goes to market”, your company is structured, organized, documented, protected and operating in a manner that: (i) attracts the right business broker (which can be extremely important); (ii) will attract the right buyer (not just any buyer); and (iii) position your business to maximize your return on sale.  The following are 8 general exit strategy planning and execution considerations common to most businesses. Many of these considerations
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Categories: Blog.

Will Your Business Be Ready When the Economy Comes Roaring Back?

April 6, 2020 | by | Comments Off on Will Your Business Be Ready When the Economy Comes Roaring Back?

We are currently going through some very difficult times – no doubt. Business is challenging at best. I have read professional economists’ forecasts that business will not even start to return to “normal” until the end of June or July, some predict well later. At the very least, that is 3-4 months from now. The good news is that the overwhelming opinion (quite nearly unanimous) is that when the economy comes back, it will do so with a vengeance.  During this COVID-19 crisis, I have not only been addressing my clients’ pressing and immediate business challenges, I have also been
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Categories: Blog.