Let’s make sure that everyone is starting on the same page here when it comes to selling your business.  It is not the business valuation or sales price that you should be concerned about when it comes to exiting your business.  It is the actual, after-tax CASH, in your hand and let’s go play, money.  Straight and clear to the point here, stop worrying about how much your Company is worth and start […] Continue Reading…

I understand that in my past not everyone I requested advice from I really listened to but generally, if I was going to have to pay for it, I think I should have.   If you are a business owner trying to sell your business and have asked for professional help, and are paying for it, then listen to what we are telling you!!  There is a signficant difference between hearing what they say and listening with an […] Continue Reading…

Whether you sold your business or just want to close it down there are some required steps to consider before you go off and sit on the porch, checking the box called DONE.  Whether you are a corporation, partnership or sole proprietor, there are items that need to be done to wrap up the organization and consider both from a business perspective and a personal perspective.  

First, there are business considerations associated with closing down and […] Continue Reading…

I met with a business coach today and we were discussing the exiting process of a business and the emotional struggle that owners experience.  We talked a lot about the steps to sell your business and where a business coach would be helpful.  Personally, I am a strong supporter of having a business coach and have used one for many years, as I struggled with my balance between business and personal goals.  Like many of my fellow entrepreneurs, my business and personal lives were often intertwined and that caused […] Continue Reading…

I know there are business owners who want to sell their business but the real question should come down to if they can afford to sell it.  What I mean by “afford” is, after the sale, is there enough after tax money to move on.  Business owners are always asking for the value of their business when they need to be considering how much they need to live on after they sell the business.  This […] Continue Reading…