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Succession & Exit Strategies
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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.
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…
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…
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…
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…
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…
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,…
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…
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.…
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.…
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.
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.
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.
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.
Culture Clashes During Mergers & Acquisitions
Mergers and Acquisitions have now been cited by Goldman Sachs as the primary global growth strategy for large-cap…
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…
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…
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.…
Leader and High Earner
Not too long ago I participated in Cycle Oregon, a weeklong bicycle tour. Seventeen hundred riders pedaled an…
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…