CASE STUDY: Unique challenges for owner-operators wanting to plan for retirement and exit from their business -- especially if there is no opportunity for a family succession. This case study shows challenges, solutions and results for the owner of a specialty wood manufacturing business.
If you own a business, it’s probably one of your most valuable and prized assets. Knowing the value of a business can change the life of a business owner – especially over time. Click here to find out how you can get a free copy of 'What's Your Business Worth?'
In this case study of a manufacturing family business, you can see the challenges, the solution and the steps we went through to provide a workable plan and peace of mind. After a valuation of their enterprise, the owner ended up with a written succession plan providing an exit strategy, improved corporate structures for 2 manufacturing companies and a real estate holding company.
In Business in Vancouver: the sad news of the Umbrella Shop, a small business destined for closure. I weigh in with thoughts and remedies for other business owners.
Our experience with business owners who have completed a transaction reinforces that being prepared operationally and emotionally can avoid derailing the sale.
Being aware of the key steps to get your business sale-ready well before you decide to sell, will enable you to realize an optimized return on the sale or transition of your business.
Here is an excellent tool for business owners that want to enhance the value of their business...
When you retire, what do you want to do with your business? Sell it for a handsome profit, or perhaps hand it off to your grateful children, who will nurture it and make it even more successful?...