• Why Use an Advisory Team?

    Posted by: Tawnya

    Planning to exit your business is a multi-disciplinary endeavor. Protecting assets, growing value, transferring a business to children (or co-owners or employees), selling a business to a third party, and assuring business continuity are tasks that exceed the expertise of any one advisor. Assembling and consulting with your Advisory Team facilitates the exchange of information and ideas and can reduce your costs by increasing the efficiency of each advisor. Instead of advisors proceeding in a disjointed manner, often repeating the work of others, you and your lead Exit Planning advisor coordinate the efforts of all advisors.

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  • How to Avoid Typical Deal Breakers in Third Party Sales

    Posted by: Tawnya

    There are many obstacles a business owner encounters when selling their business to a third party. As a general rule, most businesses are not ready for immediate marketing and sale when the business owner decides s/he is ready to sell. Many obstacles and deal breakers can be eliminated by engaging in exit planning or the pre-sale planning process before putting the business on the market.

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