A business writer once published an article that an exit plan can also be referred to as a succession plan. Sorry, folks, but that’s just not true. They’re very different strategies intended to accomplish very different objectives, and the actions that a business...
Ken Fisher, an investment advisor, just wrote an article that is the clearest explanation I’ve ever read describing the credit markets, why interest rates impact economic cycles, and how that affects stocks (value stocks in this case). You can get it from Ken...
Is it time for you to sell your business, or at least think about it? Well, it all depends. If you know you don’t want to be running your company 5 or 6 or 8 years from now, and you know your family won’t be taking it over, and you know you don’t want to sell it for...
Entrepreneurs often start companies that they know will need more capital than they can provide personally. So they at some point go looking for investors, and these days there are lots of individuals and investment funds willing to listen and consider buying a...
We’ve been writing in this column and in our newsletters for a couple years now about the upcoming reversal of fortunes for business owners wanting to sell their companies in the next few years. We wrote about the changes in valuations that will come when many...
