- Blog
- Exit, Acquisitions & Succession
Exit, Acquisitions & Succession
Exit, Acquisitions & Succession
Lawyers, Accountants, Wealth Managers, Insurance agents, Consultants… this is for you.
When it’s time, will you sell your company? How about when it’s not your time, but it’s the buyer’s time to buy a company just like yours? Will you pull the trigger and sign on the bottom line?
And Other Myths That Destroy Wealth
Over on one of the LinkedIn Groups I’m part of, there is a debate going on about who should lead the charge to help business owners with their exits.
Lorraine McGregor was interviewed about how to make a business saleable on the URBusiness Network by Kerri Salls of Exit this Way.
I am always shocked when I speak to a group of business owners about how to increase the value of their companies before they sell, at the reaction I get when I reveal to them the following statistics:
I frequently talk to wealth managers who provide an array of services to business owners. They often say they provide ‘succession’ planning, but from what I can see, that discussion has more to do with tax and estate planning than ensuring a business will actually find a buyer.
I spoke to a group of Investors and their investee companies this week.
I was having lunch the other day with an M&A Lawyer and and M&A advisor who sells businesses with EBITDA greater than $5 million. We were comparing notes about why business owners, especially the successful owners, are so reluctant to talk about exiting their business one day.
Business Valuation Quizzes
Company Growth Quiz
You will be gone through step-by-step evaluation process that will discover both strong and weak sides of your business. In such a way you will have a second opinion, fresh look at the current situation and as a consequence you will be able to take necessary actions if you think those are good points to apply.
Is your Company Saleable?
Every business owner should know if their biggest asset is saleable. Learn inside tips to improve your odds and test yourself.
Subscribe
Want to receive more insights on business performance or making your business saleble?
