by Stephen Pascarella | Feb 23, 2017 | Exit Planning
Business owners take their business personally. So, if you were to look to court a potential partner, would you want the dating service that puts you in front of the most prospective matches or would you want the one that got to know you the best and sought to make...
by Stephen Pascarella | Jan 25, 2017 | Exit Planning
Setting and Measuring Personal Goals The first step in any planning process is setting goals. Just like you choose a destination prior to setting on a voyage, so too must you define your goals and what you want to achieve with your exit. Think back to when you...
by Stephen Pascarella | Jan 12, 2017 | Exit Planning
When getting ready to exit your business, it is important to set a plan. One of the most valuable insights into designing an exit is to remember that the skills that you used to build a successful business are not perfectly transferable and useful for designing your...
by Stephen Pascarella | Dec 12, 2016 | Exit Planning
There is an old saying that goes “show me how I am paid and I’ll show you how I’ll behave”. The issue is simple for business owners – the right incentive plans help to grow the value of your company while the wrong (or no) incentive plans leave key employees with...
by Stephen Pascarella | Nov 23, 2016 | Exit Planning
It is sometimes difficult to know how much information to share with your management team. From “playing it close to the vest” to “open book” management, different companies have different cultural approaches to these issues. In addition to deciding how much...
by Stephen Pascarella | Oct 20, 2016 | Exit Planning
Your business would not have been as successful without the assistance of advisors – it is a fact most owners recognize. From mentors or industry leaders that helped you start to attorneys and consultants helping you to continue to grow and adapt your business,...