Why Your Business is Not a Piggy Bank
Treat your business finances like an investor or buyer would— separate from your personal life. When I start working with business owners, going through the financials can be tricky…and eye-opening. The financials reveal not only a picture of the company’s...
Running Toward or Running Away? Understanding Transition Mindset and Business Exit Motivations
Unexpected Influence of Your Transition Mindset A critical truth: 100% of business owners will eventually leave their company. Yet, only a small percentage actively plan for this transition. The reasons behind a business owner’s exit can largely be categorized as...
The Cash Flow Factor: The Secret to a High-Value Exit
Businesses are valued based on their ability to generate cash flows, and they are sold based on the expectation that they will generate future profits. The more cash flow a business can generate and secure, the more it will be worth. In The Business Transition...
Embracing Business Transition: The Journey to Your Next Chapter
What does transition mean to you? For each of us, it takes on a different significance depending on where we are in life. Transition is movement—it’s part of a process, a journey that leads us from one chapter to the next. As a business owner, this journey often...