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Want to Sell Your Business? Preparation is Critical

Selling a business is a complex process. Add in current economic uncertainty, and it becomes even more challenging. While there is unpredictability in the air, business owners can still be successful if they dedicate time to the first critical part of the selling process— preparation.     There are many reasons why a business owner chooses […]

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Addressing Apathy Among Managers and Key Employees

Building a successful business is a labor of love. Whether it’s the love of creating something, profit, legacy, or otherwise, your business is most likely your passion. But what if your management team doesn’t seem to share your passion, or worse, doesn’t seem to care about the business at all? While the knee-jerk reaction may […]

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Should You Wait to Sell Your Business?

Many business owners are apprehensive about the current economic climate and how that could affect their ability to sell and even their life after selling. However, if their business is ready, they have the right advising team on their side, and the market for their business is strong, a business owner’s reasoning behind waiting could […]

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What to Do When Everyone’s Ready for Your Retirement Except You

Many successful business owners (and their families) look forward to retirement. After years of hard work, retirement lets business owners kick up their feet and live the dream. But what if everyone is ready for your retirement except you? Consider the story of Felix Bellissima, a fictional but representative owner who faced this fate. Felix […]

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Don’t Eat the Bear in One Bite: Planning Your Future in Steps

Planning for a successful business future is like being confronted by a bear. If you run from it, it’ll catch up to you and eat you. If you attack it without a strategy, it’ll overwhelm you. And, to stretch the metaphor, simply rolling over and playing dead isn’t in the DNA of many business owners, […]

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Becoming More Recession Resistant Through Planning

The last two-and-a-half years have been tumultuous, and owners of small to mid-sized businesses have borne the brunt of the pain. Though few people could have predicted the effects of the pandemic, business owners with plans for a successful future tended to feel more comfortable confronting the challenges they faced. Now, as whispers about a […]

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How to Remove “I Can’t Retire” From Your Planning Mindset

There’s a big difference between not wanting to retire and not being able to retire. Even business owners who intend to die at their desks can appreciate the safety net of financial independence should something unexpected occur. But many business owners look forward to an ideal future without implementing the proper planning to achieve it. Today, we’ll discuss […]

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Considering Partnering with a PE Firm? Understand Your Goals First.

If you’re a middle-market business owner, chances are you’ve considered partnering with a private equity investor. If selected carefully, private equity firms and investors can provide profitability and new value to a company that may not have been able to prosper without it. However, business owners must consider their long-term goals and what they hope […]

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How Sellers Can Still Be Successful in a Bear Market

The S&P 500 Index has declined 24% since its peak in January, indicating that a bear market and a potential recession are upon us. While recognizing the economic factors influencing the downturn, it’s also essential to understand the physiological factors contributing to the instability, and what sellers can do to still reach their selling goals.   […]

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