by Dave Lancaster | Exit Planning, Suggested Reading
When starting a business, ending it is usually the furthest thing from your mind. Passion and love for what you do define entrepreneurship, and turning your idea into a successful company has been hard enough, imagining saying goodbye to it is even harder. But this is...
by Dave Lancaster | Exit Planning, Suggested Reading
It seems like this should be an easy question to answer. It is not. In fact, it’s nearly impossible. That should scare small business owners, especially since 78% of small business owners plan to sell their businesses to fund their retirement. But by any measure...
by Dave Lancaster | Exit Planning, Increase Value, Suggested Reading
To hear business owners tell it, a top goal of selling or transferring their business is to get the full value for it so they can fund retirement. Most also understand that a transition strategy is important for them and their business. In reality, however, many...
by Dave Lancaster | Exit Planning
Having an exit strategy when you start a business makes it that much easier to execute rational and informed decisions when you want to get out. But the UBS (NYSE: UBS) Q1 Investor Watch Report, “Who’s the boss?” reveals 48 percent of business owners don’t have a...
by Dave Lancaster | Exit Planning, Increase Value
After many years of working closely with mid-market businesses providing valuation, divestiture and acquisition services, I have seen that many otherwise well-run companies are extremely disappointed when it’s time to sell because they either don’t receive...
by Dave Lancaster | Exit Planning, Increase Value
Selling a business is a major challenge for entrepreneurs. Besides the complexity of the process and emotions involved, entrepreneurs need to make sure they maximize the value of the business they’ve put so much effort and time into building. Making cosmetic...
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