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5 Ways You Can Profit from a Succession Plan

Starting a succession plan early has many benefits, but it is tempting to push succession planning off until later. If you need the motivation, it can help to view a succession plan as a profitable business investment. Here are five ways that starting your succession...

Finding Financing

If you’re looking to buy an already-operating business, finding financing is the #1 barrier to achieving this goal.  Thankfully, there are many ways to secure funding for any business you’re looking to buy, or any project you may be looking at starting. Private...

Formal Succession Planning is a necessity that isn’t going away

Creating a succession plan is extremely important and can provide many benefits to you and your business. Unfortunately, many business owners neglect to create a succession plan for when they leave their business until it’s crunch time — right before they choose to...

Emotional Readiness to Sell

Getting a business ready to sell naturally consists of many moving pieces.  What many business owners neglect to recognize in the transition process is that there is a very large emotional component.  For some, their business wasn’t just their livelihood...

Valuation: Why do you need one? (or do you?)

We have been tackling the tougher topics of succession over the past couple of months, easing into the challenges that business owners face as they make their way through the journey of transitioning out of their business.  Nothing quite amounts to the topic of...

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