Time to revise your succession plan
An important aspect of succession planning that is often overlooked is reviewing and revising the plan regularly.
Generational Clues to Help Guide Successful Business Exits
By Dave DriscollThe emotions surrounding selling your business are certainly strong regardless of your age, but the economic and social climate in which you grew up impacts how you approach planning for that inevitable event. Considering these generational influences can help provide a more objective perspective toward your business…and your Life After Business.™ Millennials/Generation Y: […]
Secure your goals and vision with succession planning
Every owner, including you, will eventually leave his/her business, one way or another. Creating a succession plan is your opportunity to impact the future for you, your family, and your business.
Keys for family business succession and survival
Nine tips for strong family business – help your family business survive and be relevant in the future.
Selling your Business: Exit & estate planning considerations for your retirement
A business valuation… The essential reality check By Dave Driscoll One of the most important factors needed for a business owner’s estate and tax planning is an objective business valuation. Studies have shown that the value of the business can represent more than 80 percent of an owner’s overall net worth. With such a significant […]
Business Exit Planning: It’s a Seller’s Market
High demand and low supply are creating seller leverage, stronger valuations, and advantageous deal structures with more cash at close. By Dave Driscoll Clients always ask: “Is this a good time to sell?” My reply today is YES! I know…you hear that from everyone in the M&A industry that wants to sell your business. I […]
What if I’m ready to retire, but my business still needs me?
By Dave Driscoll What if I’m ready to retire, but my business still needs me? That is a complicated question to answer. Both emotional and practical issues are wrapped up in that powerful statement, in addition to the missed opportunities to create a plan and avoid such a depressing situation when you are ready to […]
Are you Emotionally Prepared to Sell Your Business?
Take these 4 Steps EARLY to Emotionally Prepare Sellers often don’t give much thought to whether they are emotionally ready to sell their businesses. Neglecting to consider the significant life changes that occur can result in depression, anxiety and a general lack of purpose post-sale. Sellers are used to being in the top leadership position in […]
Planned Retirement vs. Burnout: The difference to your finances will be significant
If you don’t plan BEFORE you’re ready to retire, you are sacrificing business value By Dave Driscoll In a recent Market Pulse Survey published by the International Business Brokers Association (IBBA), M&A Source and the Pepperdine Private Capital Market Project found that retirement is the number one reason that sellers put their businesses on the market. That’s not surprising given the “baby […]
Planned Retirement vs. Burnout: The difference to your finances will be significant
If you don’t plan BEFORE you’re ready to retire, you are sacrificing business value By Dave Driscoll In a recent Market Pulse Survey published by the International Business Brokers Association (IBBA), M&A Source and the Pepperdine Private Capital Market Project found that retirement is the number one reason that sellers put their businesses on the market. That’s not surprising given the “baby […]