The Four (4) Types of Exiting Owners

What are other business owners doing to exit their businesses? That is a common question that an exiting owner will ask their advisor so that they can hear some ideas and learn from the decisions of others in similar positions. Each business exit is rather unique....

Internal vs. External Transfers

To begin, many business owners believe that an external sale of their business is their only (or at least best) path to an exit. Typically, this is because business owners know that their employees and/or fellow family members don’t have the type of money required to...

Transfer Options – Beyond the Outright Sale

It’s nice to have options.  Haven’t we all heard that before?  It’s something many business owners would probably say and sigh with relief when they realize that ‘selling’ a business isn’t the only way to exit that business. In this article, we’ll dispel this myth and...