by Ian Smith | Apr 7, 2013 | Exiting your business, Selling Out
As the owner of a private company you may have decided that 2013 is the year you are going to sell out. In previous posts I’ve covered many of the issues running through your mind. For example: How much is your business worth? Staging Your Business For Sale-...
by Ian Smith | Nov 18, 2012 | Building Business Value, Exiting your business, Maximize exit proceeds, Strategy
You see we are told in articles, blogs, seminars and books to strike a balance between our personal life and our business life. We are told to not to let work take over our lives. Google allowing staff to work on pet projects for 20% of the time is an example of...
by Ian Smith | Aug 31, 2012 | Exiting your business
It can be a devastating blow to put your 20 year old business up for sale and receive no offers or at best low ball, bargain basement offers. There were probably some really good reasons for that and other than asking the buyers to tell you why, let me share 15...
by Ian Smith | Apr 15, 2011 | Being the Best, Compelling Stories, Exiting your business, Management Help, Repositioning
“Our culture celebrates superstars. We reward the product or the song or the organization or the employee that is number one. The rewards are heavily skewed , so much so that it’s typical for #1 to get ten times the benefit of #10, and a hundred times the...
by Ian Smith | Apr 8, 2011 | Exiting your business, Strategic buyers, Strategy, Valuation
I’ve been talking to Tom Deans (best-selling family business book) and John Leonetti (Great book – Exiting Your Business, Protecting Your Wealth) about the renewed interest in exit planning. The next 5 years are an unreasonably important time to be...
by Ian Smith | Jan 28, 2011 | Exiting your business, Maximize exit proceeds
The next 5 years are an unreasonably attractive time to build a remarkable business for sale. There is strong evidence to suggest we are already 18 months to 22 months into a bull market. The average bull market lasts 67 months. However before you rush off to sell...