Planning Your Exit

When to think about your business exit?

Posted on April 19, 2019

Written By: Stephen Reisler

It may seem counterintuitive to joke about throwing in the towel with the business success you’ve enjoyed thus far, but the truth is that not every business is able to succeed forever. So many business owners seek the advice of others on how to try harder, work smarter, or to do things differently in order that their businesses remain resilient and are more relevant.

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Business Continuity – being prepared in case something happens to you

Posted on February 15, 2019

Stephen Reisler,

What happens to your business tomorrow if something were to happen to you today? Life happens and we cannot stop it – accidents, sickness, disease, and death happens daily. None of us are protected against ‘life’ but you can take the necessary steps to protect the business by creating a documented CONTINUITY PLAN.

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Selling Your Business – Be One of the Rare Winners!

Posted on April 15, 2018

Terry Shepherd,

According to Chris George from George & Company, an intermediary located in Worcester, less than 10 percent of business owners who contact his company have sufficiently planned ahead. The contact is usually spurred by an event, such as death, illness, partner disagreement, etc. His experience is pretty consistent with national surveys our company has conducted over the years.

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Seller Perspective: Eight Steps to a Good Exit

Posted on November 4, 2016

Written By: Christian Annesley

In February this year the serial entrepreneur Mark Mason finalized terms to sell his app-development business, Mubaloo, to a media agencies group wanting to diversify. Here are his eight tips on delivering the right exit based on his own experience

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Boomer Business Owners Beware ..A Shot Across the Bow

Posted on October 7, 2016

Terry Shepherd,

Baby boomers…the generation born between 1945 to 1964 were originally defined because of the peak birth rates that resulted from the men returning home from WWII after their long absence. Since their birth, they have supercharged the economy by their unprecedented shear numbers, creating huge waves of demand and opportunity.

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Survey: Most marine businesses have no exit strategy

Posted on April 26, 2016

Source: Boating Industry

Just less than half of marine industry companies have a succession plan or exit strategy for their business. That’s according to the latest survey of Boating Industry print and digital subscribers, conducted by email in March and April.

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