Category: Exit Strategies

5 Things to Consider Before Valuing Your Business

When it is time to sell your company, or a private equity group approaches you with interest, you must consider how to go about a process that insures you can define and meet your transition goals. Bo Burlingham in his book Finish Big raises some steps to defining a happy or relative happy exit from… Read more »

How Employee Vacations Can Benefit Your Business

A vital part of evaluating a company’s internal controls is to verify that employees actually take their vacations. In today’s work environment, some employees may believe that foregoing their vacations proves that they are dedicated and hard-working. It is often considered a badge of honor to take very little, if any, time off.  Even though… Read more »

The Annual Budget is Obsolete

I dislike the word budget. It suggests limitations, promotes a scarcity mentality and perhaps worst of all, it is boring. When is the last time you asked someone how things were going at work and they enthusiastically responded with “Fantastic! – I love the budgeting season, can’t wait to get started”? I believe most small… Read more »

B2B CFO Extends Leadership Position in Mid-Market Business Transitions

Source: Finance.Yahoo.com Company sees widespread adoption of its proprietary exit strategy software, increased demand for expertise as owners of mid-market companies struggle to sell their businesses MESA, Ariz. [Business Wire] – B2B CFO, nation’s largest CFO and business transitions services firm, today released a summary of its Partners expertise in exit strategy leadership, highlighting a… Read more »

Focus on Intangibles to Maximize Business Value

Many business owners believe the best way to maximize the value of their company as they prepare for an exit is to focus on improving financial or operating performance. My goal is to debunk that commonly-held belief. Improving revenues and profitability will increase value, but not maximize it.  For that, we need to look elsewhere.  Namely… Read more »