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Posts Tagged ‘selling a business’

Does Your Business Have 20/20 Vision?

Does Your Business Have 20/20 Vision?

Featured Topics: Vision Statement,  Business Values, Exiting a Business [powerpress] As we get older our eyesight changes. We don’t have the 20/20 vision that we had when we were younger. We need corrective lenses in order to see things the way we once did. However, just because our eyes no longer function as well as before, we are the people. Our impaired vision does not really change us. It doesn’t change our values, our […]

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Fall in love with your Business – Again

Fall in love with your Business - Again

Featured Topics: Exiting a Business, Selling a Business, Business Succession, Business Exit Planning [powerpress] It’s human nature that once we ‘fall out of love’ with something it’s really difficult, sometimes impossible to ‘fall in love’ with it again. The business world is strewn with owners who have fallen out of love with their business. This happens often, whether it’s from burnout from the stresses of meeting payroll, getting orders out on time, handling personnel […]

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Risky Business

Risky Business

Guest: Kyle Hafstad – InKnowVision Featured Topics: Business Insurance, Exit Planning, Life Insurance, Estate Planning [powerpress] Running a business is risky. Even the most successful businesses have a high degree of risk. Markets change, competitors are constantly nipping at your heals, employee issues,  cash flow, capitalization, operational concerns. The list goes on and on. On this podcast episode titled “Risky Business” we talk about one aspect of the business risk issue – that is […]

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What are you REALLY worth? It’s not what you think.

What are you REALLY worth? It's not what you think.

Guest: Chris Mellen, President – Delphi Valuation Advisors Featured Topics: Business Valuations, Business Appraisal, Range of Values, Fair Market Value [powerpress] On the episode titled “What are you REALLY Worth – It’s not what you think” we explore the complex but critically important issue of determining a value for your business. Any good business owner understands that their business is essentially an investment. And as any successful investment it is key to know its value […]

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Don’t Drop the Baton During Your Business Exit

Don't Drop the Baton During Your Business Exit

The 2012 London Olympics will be beginning soon and with it will come one of the more exciting sporting events to watch. The relay race. Now visualize that relay race. Place yourself and the next generation of ownership on the track where you think the ‘baton’ transfer should start and where it should end. Will you continue to run forward alongside the new baton holder (the next owner or the next generation of ownership) […]

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Don’t Drop the Baton

Guest: Sally Boyle, SJ Boyle Wealth Planning Featured Topics: Family Business Succession Planning This episode concentrates on the issues of family business succession planning. The dynamics and ‘choreography’ necessary to successfully “pass the baton” from one business generation to the next is generally a complex process. It requires a Big Picture approach that includes understanding family dynamics, business operations and most importantly recognizing that it takes time to get it right. There are so […]

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A Brokered Deal – Not a Broken Deal

A Brokered Deal - Not a Broken Deal

There has been a cascade of online chatter in the past few months ignited by the April 2012 article in Inc. Magazine by noted entrepreneur Norm Brodsky. His contention is that most business brokers are generalists and even insinuates that the profession is often quite shady. In Brodsky’s words “Most brokers can be counted on to represent themselves. A broker’s livelihood depends, after all, on 1. Making sure the deal gets done and 2. […]

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A Brokered Sale – Not a Broken Sale

A Brokered Sale - Not a Broken Sale

Guest: Barbara Taylor, Synergy Business Services. LLC Featured Topics: Business Brokers – How to find and hire a business broker This episode (part A) delves into one of the avenues of selling a business; working with a business broker.  There are many exit or transition options such as selling a business to either an external buyer or senior management, creating an ESOP, Gifting  to the next generation (Succession planning) or selling to a Private Equity […]

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Earn Your Way out of Your Business

Earn Your Way out of Your Business

Guest: Jane Johnson, Waypoint Business Strategies, LLC Featured Topics:  The Earnout – an Exit Options for business owners. This episode concentrates on a single exit strategy for business option for business owners – the earnout. A major misconception about selling and exiting a business is that it is similar to purchasing a car or a house. Very rarely is the closing on the sale of a business a singular event like with residential or even […]

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Joel Goobich is a big-picture guy with sharp insight into how individual parts make a strong whole. He has 30+ years of entrepreneurial endeavors; starting, building and exiting businesses. He is tireless in the pursuit of solutions to boost your business and put you on a track to a profitable transition and exit to your next act.