Browsing Category
Succession & Exit Strategies
33 posts
business-succession-exit-strategies
12 Keys to Family Business Success
Building a business with family can be tough. We've got 12 essential strategies for striking the right balance when creating a startup with family.
August 16, 2019
An Entrepreneur’s Guide to Selling Your Company
After 10 years of running my company, Mtell, we sold it to a publicly traded company for $37…
July 19, 2019
Why It’s Key to Have an Exit Strategy Before Starting a Business
Some authors swear that writing the ending of a book first is imperative to the plot. Knowing where…
February 21, 2018
Your Business May Have Failed, But You Can Still Prevail
Upper Street was a dream for any entrepreneur. The bespoke shoe label, started in 2010 by Julia Elliott…
January 22, 2018
What’s Your Website Worth and Where Can You Sell It?
As an internet entrepreneur, situations arise where you may need to sell your website and want to ensure…
January 10, 2018
Tackling What’s Next: Are You Ready to Exit Your Business?
Exit strategy. A noun that could become a verb and conjures up both excitement and paralysis for entrepreneurs. Developing…
November 30, 2017
Top Leadership Traits Needed to Successfully Manage a Family Business
It wouldn’t be a stretch to say many people don’t like change of any kind. The status quo,…
April 6, 2017
4 Traps To Avoid When Selling Your Company
Business owners have been known to refer to due diligence as “the entrepreneur’s proctology exam.” It’s a crude…
August 8, 2016
What You Need to Know to Close Your Business
You’ve invested a lot of effort, time, and money to start your small business and keep it running.…
July 10, 2016
Business Valuation: What is Your Business Worth?
Your business is likely your largest asset, so it’s normal to want to know what it is worth.…
July 6, 2016
Exit Strategy: To Sell or not to Sell? A Guide to Exiting Gracefully
Despite the many benefits of selling, knowing the right time and the right approach for your exit is not always clear. Use this article to help you plan accordingly.
July 30, 2015
How Do You Tell Early Investors that You’re Going Out of Business?
Borrowing from friends, family, and fools is very different than borrowing from a professional lender. Despite the consistent, good advice of ‘get everything in writing,’ these investments are rarely formalized.
May 5, 2015
Exit Strategy: How to Choose Yours
Choosing an exit strategy is about making the right decision for your financial future, make it a part of your business plan.
February 27, 2015
Succession Planning: Best Practices for all Levels of Management
Succession planning is not a “set it and forget it process.” Best practices can help give the organization a framework for planning, but the process should be constantly revisited and reviewed.
February 3, 2015
Culture Clashes During Mergers & Acquisitions
Mergers and Acquisitions have now been cited by Goldman Sachs as the primary global growth strategy for large-cap…
November 2, 2014
Delegate or Die – Seven Steps to Success
Do you feel stressed and overloaded? Or that your business growth seems stalled? If so, then you may…
October 8, 2014
Social Media Marketing: What happens to your social media when the person who’s doing it is gone?
Lately I’ve noticed a problem that I thought was worth bringing up. That is; what happens to your…
September 5, 2010
Losing Key Employees
In my small business, Centratel, each of our half-dozen key management people has had several years of on-the-job experience.…
October 14, 2008
Leader and High Earner
Not too long ago I participated in Cycle Oregon, a weeklong bicycle tour. Seventeen hundred riders pedaled an…
September 15, 2008
Lessons Learned from the First Day of Kindergarten
Yesterday was a tough day for many Moms- myself included. The baby boy that inspired the birth of…
August 26, 2008