exit planning

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It’ll Never Happen to Me – Business Succession Planning

2020-01-26T21:04:07-07:00By |Strategy, Succession_Exit|

The Hit by a Bus Scenario Anyone that owns a business has heard about the hit by a bus scenario at some point in time. The problem is we all deny it will ever happen to us. But, is that a realistic way to look at it? Business succession [...]

Succession Planning vs. Exit Planning Which Do You Use?

2019-12-14T08:58:55-07:00By |Planning, Self-Sustainability, Strategy, Succession_Exit|

Often the terms succession planning and exit planning get used interchangeably.  However, there is a definitive difference between the two. It’s important as a business owner that you understand the difference. Succession planning focuses on transferring the power or leadership of a company. Exit planning focus on the transfer [...]

Successful Succession Planning – 9 Things to Consider!

2020-01-26T19:32:38-07:00By |Featured, Planning, Self-Sustainability, Strategy, Succession_Exit|

Succession planning is something too many small business owners think about too late!  Many don’t even think about succession planning because they believe that they will just sell their and that’s the end of it. However, even with the sale of a business succession planning is critical.  The buyer [...]

3 Stages to Rapidly Scale Your Business

2018-03-27T14:50:58-07:00By |Business Growth, Home Page, Self-Sustainability, Strategy|

In the post “What Is a Self-Sustaining Business?” the correlation between the growth cycle and creating a self-sustaining business introduced.  Here I’d like to share how to scale your business to make it self-sustaining! Achieving a self-sustaining business is simple enough.  You just have to achieve the goal of each of [...]

What Is a Self-Sustaining Business?

2019-02-17T08:23:59-07:00By |Featured, Self-Sustainability, Slider, Survival|

Growing a self-sustaining business is the core of the Business Growth Simplified business philosophy! It is the focus of everything we do. That means we... Assist small business owners in growing a self-sustaining business. But, what does a self-sustaining business really look like, and how do you know that you’ve [...]

What’s Your Greatest Challenge in Exiting Your Business?

2019-08-24T17:10:22-07:00By |Featured, need keyword, Planning, Strategy, Succession_Exit|

Is Your Business Ready for You to Leave? Last week I post a question, “What's Your Greatest Challenge in Exiting Your Business?”, on LinkedIn.  My intent was to get some feedback before writing the next few weeks’ posts on “exit/succession planning.” While I got a few interesting comments, which [...]

3 Questions You Must Answer to Successfully Exit Your Business

2019-12-14T09:12:06-07:00By |Featured, need keyword, Planning, Strategy, Succession_Exit|

I attend a lot of meetings and seminars focused on exit planning.  But, most fall short because they only focus on the transactional portion of the process. In fact, if you follow the advice that I’ve been posting for more than 2 ½ years now, you’ll get there!  Then [...]

How to Become an Entrepreneur

2019-12-14T08:40:27-07:00By |Entrepreneurship, Featured, Personal Growth, Strategy, Succession_Exit|

Answer One Question to Change Your Mindset The statistics are shocking as to how few small business owners really think about transition planning, or more traditionally referred to as exit planning. That's why they are small business owners.  They don't know how to become an entrepreneur! As I looked at [...]

Build an Asset NOT Just a Job – Entrepreneurship

2019-12-14T09:26:51-07:00By |Business Growth, Entrepreneurship, Featured, Slider, Strategy|

Do you work your business like a job for a paycheck or do you build an asset which will generate wealth like an on-going annuity for you and your family? This is what keeps small business ownership from true entrepreneurship. I picked entrepreneurship as the topic because I am up to my [...]

#1 Reason Exit Planning Is So Critical When Starting Your Business

2015-07-13T18:01:53-07:00By |Featured, Strategy, Succession_Exit|

One of the first questions I ask clients when I start working with them is “what is your strategy to exit your business?”  Most of them say “I don’t know” or more frequently “I am just getting started, why would I think about how I will exit my business [...]

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Nowhere Land – Stuck Between Small Business Survival and Success

2019-08-24T17:36:18-07:00By |need keyword, Self-Sustainability, Strategy, Survival|

A great family and friends, beautiful home, nice cars, regular vacations, all the material things you could ever want.  Your life is a dream.  Sound familiar or like what you want for your life? I meet small business owners all the time that live this lifestyle.  The problem frequently [...]