Learn From Other Owners When Preparing For Business Transition- Example 3
Business Liquidation may sound like the opposite of Business Transition – but sometimes it’s the Smartest Option St. Louis area owners are learning the essential themes of planning and timing…sometimes the hard way. Metro has conversations with those ready to sell, planning to sell, and occasionally with owners who must reach the emotional understanding that […]
You only exit your business once…(audio)
…there’s no time for mistakes Business owners are used to doing whatever needs to be done, largely on their own. But planning for and completing the transition out of your business is unlike anything else you have ever done. Don’t try to go it alone when you exit your business – you need professional advice while […]
Six Signs it may be Time To Sell Your Business
When is the best time to Sell your Business? These signs may hold the answer… Have you been thinking about selling your business but just can’t decide if now is the best time? Are you repeatedly analyzing the economic situation and wishing you had a crystal ball? There are positive signs and there are negative […]
What your birth certificate says about your exit plan
An Exit Plan is Important at Any Age Your age most likely has a big impact on your attitude toward your business and how you feel about one day getting out. Here’s what we have found about how owners view the need for an exit plan, also known as a succession plan: Business owners between 30 […]
Don’t be a Super Hero; Develop Strong Employees
Developing Strong Leadership among your Employees is an Important Investment in Business Value I challenge you to create a vision of your Life beyond Business;™ to define your dreams, goals and aspirations beyond running your business, both now and in the future. Not as easy as you thought, right? You might be thinking, “It’s a […]
Don't be a Super Hero; Develop Strong Employees
Developing Strong Leadership among your Employees is an Important Investment in Business Value I challenge you to create a vision of your Life beyond Business;™ to define your dreams, goals and aspirations beyond running your business, both now and in the future. Not as easy as you thought, right? You might be thinking, “It’s a […]
A Personal Wealth and Estate Plan – Your Life’s Success(ion) Plan!
A dear friend and mentor of mine, a former Vietnam F-4 pilot and instructor, once described to me the foundation of his pilot training program; he called it “Three Degrees.” Here’s how John described the process. The pilot-in-training was seated in a cockpit simulator, in full jumpsuit and with the black-out visor dropped on his […]
What the heck is an Exit Plan?
What is an Exit Plan and Why do YOU need one? An Exit Plan, or Succession Plan, sounds to me like “pre-need” arrangements at the mortuary! At the end of the day, you’re dead and don’t care, right?! I’ve been in the exit planning field since 2008 and have encountered varying degrees of attitudes to […]
Transitioning to your Life Beyond Business is not as easy as you think!
The Transition to your Life Beyond Business™ requires your Attention NOW You own a business and that business consumes most, if not all, of your time and attention. The eventual sale or transfer of that business is a significant line item in your retirement plan, your Life Beyond Business.™ For a successful business transition you […]