No attention to exit strategy. No attention to value creation. “I am tired, and I want to sell but I don’t know what it’s worth or how to design an exit strategy for selling my business.” We hear this from business owners over, and over again. To sell your company, to make it both sellable …
Have you gotten this phone call, regardless of where you are in your exit planning? During challenging, tumultuous times (recession, Covid, Ukraine), this call comes from many corners. Some are legitimately interested, some are fishing, some are trying to take advantage. It may or may not be the right timing for your exit planning. In …
When You Hear: “Hey, I Want to Buy Your Business” But You Have No Exit Strategy Read More »
Business owners working on exit planning and maximizing the value of their company for sale often take a wrong turn. Litigation is a nightmare. When we work with owners to sell their companies and advise on the value-building process, we find they are sometimes destroying business value without realizing the extent of it. We are …
You Are Destroying Business Value, Just Pay the %^$*^R and Move On! Read More »
Optimizing the sale of your company should not be a DIY undertaking. A business sale is complicated, not a do-it-yourself activity. This is not like selling your home. Business owners can and do a lot themselves, we all do. The riskiest thing you can do: The most complex transaction you will ever likely engage in …
Family Business Succession Are your children ready to take over your business? The answer I usually get is something like “No, she has only been in the business for 10 years, she’s not ready to run a business.” Or, “He will get it eventually, but there is no rush.” Exit planning and succession planning are …
There is a lot going on out there but designing your exit strategy is more important than ever. “Should I sell my business now?” We have always gotten this question, even more frequently since Covid-19 started. Like with the stock market, business owners too often ride the wave up and assume it will keep rising …
As I noted in my last blog, we all need to address the urgent. At the same time, we also must get creative. And that creativity may very well save your business, preserve value and help you grow as quickly as you might have had the COVID-19 crisis not happened. You really can and should …
Creative Ideas to Survive and Thrive – Real Business Examples Read More »
Exit and Succession Planning is a Team Sport We have advisors and coaches in all facets of life. But in this most important area for our future, for our family and for our retirement, most business owners are pretty much just “winging it”. Oh, they may have an accountant but not much more of a …
Exit Planning / Succession Planning – a Team Sport Read More »
The Value Track – Startup Katherine Mason founded SculptHouse fitness studio and activewear boutique, combining her passion for the combination of fitness and fashion. She worked in New York City at two luxury fitness studios and was signed with Wilhelmina Models Fitness Division before starting SculptHouse. “I knew that going from everything and all staff …
The Value Track: Startup – Strategy for Early Stage – A Client Case Study: SculptHouse Read More »
THE VALUE TRACK: GROWTH Morgan & DiSalvo, P.C. employs a consultative approach that begins by helping clients identify their goals. They help them plan for the changes that life brings in the areas of estate, business and tax planning. Just as they assist their clients in maximizing wealth and minimizing risk, they sought the expertise …
