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Why Baby Boomers Should Start Planning to Sell Their Businesses 3-5 Years Out

Why Baby Boomers Should Start Planning to Sell Their Businesses 3-5 Years Out

by Steven Kohnke | Feb 16, 2023 | Business Growth, Exit Strategy, Improve Company Value, Operations

Selling a business is often one of the most significant financial transactions that a business owner will ever make. This is especially true for Baby Boomers who are looking to retire and are considering selling their businesses as a means to fund their retirement....
The Types of Buyers

The Types of Buyers

by Steven Kohnke | Jan 30, 2023 | Business Growth, Business Strategy, Exit Strategy, Improve Company Value

There are several ways of exiting a business. The most common types of exits are listed below, although the majority of business owners who wish to exit their business (non-forced) will either sell the business to a third party or allow a family member or management...
What Is The Value Of My Business?

What Is The Value Of My Business?

by Steven Kohnke | Dec 12, 2022 | Exit Strategy, Improve Company Value, Marketing, Operations

The value of your business depends on many factors, including its size, location, industry, and competition. This article will unveil the “mystery” of valuing, and selling your business. Our goal is to provide business owners with the knowledge and...
3 Ways to Create a Valuable Culture Inside Your Business

3 Ways to Create a Valuable Culture Inside Your Business

by Steven Kohnke | Dec 2, 2022 | Business Strategy, Exit Strategy, Improve Company Value, Operations

Many factors drive your business value, but perhaps the most important is how your business would perform without you. To get your company to flourish when you’re not around, you need owner-like effort from your team. This creates a valuable culture. Inspiring...
Three Methods To Use For A Business Valuation

Three Methods To Use For A Business Valuation

by Steven Kohnke | Oct 28, 2022 | Business Strategy, Exit Strategy, Improve Company Value

Three Methods To Use For A Business Valuation Business valuation goes beyond simple mathematics, but to get some idea of what your business might be worth, consider the three methods below. Your business is likely your largest asset so it’s normal to want to...
A Business Short-Term Exit Strategy

A Business Short-Term Exit Strategy

by Steven Kohnke | Oct 25, 2022 | Business Growth, Business Strategy, Exit Strategy, Improve Company Value, Operations

You may not have heard of a short-term exit before. You may be thinking “You either exit or you don’t, right?” Well we believe there is another option. By growing your business to grow and thrive without your involvement in the day-to-day, you have...
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