A Holistic Approach to High-Value Transitions: Business Goals, Personal Values, Financial Independence One of my favorite books on exit planning and building high value transitions is by Chris Snider and is titled Walking to Destiny. The three legs of the stool, also called “Master Planning,” helps to maximize the business value by ensuring that [...]
Investment Strategies: Buying a Business to Build Wealth? Recently, Forbes took a comprehensive look at how many Forbes 400 members founded their own businesses and at what age. The end results were clear: unless you’re planning on inheriting your wealth, it’s best to start or buy a business earlier rather than later. How Do [...]
When is a good time to sell your business? As we enter into the new year, this could be a question you are asking yourself. In the midst of a pandemic and recession, many businesses didn't make it out of 2020. However, there are many businesses that have been thriving that are attracting eager [...]
Business Owner Retirement & Exit Planning As Indiana business brokers, we see that the largest asset business owners have is their business and most have not done any type of exit planning. Some may have all of their net worth tied up in this illiquid asset. The majority of owners haven’t saved adequately outside [...]
