As I sort through our daily barrage of emails, I see more than a few offering webinars or workshops or white papers promising to help business owners learn how to read their financial statements. All very nice and certainly addressing a need we frequently see when we...
Privately owned companies are increasingly recognizing the value of having a formal Board of Directors to help owners/managers navigate the dynamic business world we live in today, to get truly independent thinking and the benefit of a trusted outsider’s...
I had dinner with a group of friends this week, one of whom is a CEO looking to plan an exit from the consulting firm he built over the last 25 years. Since this group occasionally discusses business issues, we talked about the options and issues our friend will face...
Exiting your business is a lot like selling a very good used car (or the home you’ve lived in for 25 years). A lot can look good on the outside, but a lot can go wrong if the buyer takes a good look at the inside. That’s why you want to start early, get a skilled...
Family-run businesses are in many respects the backbone of American business. They are typically the most stable of small businesses, with a much lower failure rate than other small business models. Some of the largest and most successful companies in America are...
Few decisions in life will be more important to a business owner than the ones they make while planning the exit from their business, especially if they spent 5, 10 or 20 years building it. And no matter the size of the business, or its niche, its degree of success or...