Blog Library

5 Lessons from Game of Thrones for Exiting Business Owners

Posted by Jane Johnson on Thu, Aug, 15, 2019 @ 12:29 PM

Were you – like hundreds of thousands of fans – unhappy with the finale of Game of Thrones (GOT)? According to a number of news outlets, more than 50% to 60% of viewers were dissatisfied or even outraged at the outcome. There was even a petition circulating that demanded a “re-do” which, of course, isn’t going to happen.

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Topics: exit planning exchange, Business Lessons from Game of Thrones, business owner exit plan, Exiting business owner, Game of Thrones

BTA Market Pulse: Q2 Small Business Sale Transactions Down Slightly, but Still at Historically High Levels

Posted by Jane Johnson on Tue, Jul, 30, 2019 @ 04:13 PM

The Details:

BizBuySell.com's Second Quarter 2019 Insight Report shows a dip in small business transactions when compared to last year, but growing financials and record sale prices continue to show signs of a strong market. With 4,948 transactions reported in the first half of 2019, this year could be on pace to become the second most active business-for-sale market since BizBuySell started tracking data in 2007 – trailing only 2018’s record-setting levels.

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Topics: exit plan, how to sell your business, business transition plan, businesses for sale

70 is the New 50: Aging CEOs Provide Both Opportunities and Challenges for Businesses

Posted by Jane Johnson on Wed, Jun, 12, 2019 @ 11:30 AM

Over the last 15 years, the person occupying the corner office is greyer and staying longer, according to numerous studies. The average age of hire for C-Suite positions has risen 15% since 2005, from an average age of 45 to 54, at the time of hire, according to the Crist|Kolder Associates Volatility Report for 2018.

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Topics: exit planning, succession planning, when should i retire, benefits of older CEO, when should I start my exit plan, Aging CEOS, 70 is the new 50, when should I start succession planning

How to Plan for Life After Your Business

Posted by Jane Johnson on Wed, Mar, 20, 2019 @ 12:43 PM

 
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Topics: exit planning, exit strategy, exit plan, selling my business, Thinking about selling my business, business exit, exit planner, life after my business, retirement plan, life after your business

BTA Market Pulse: 2019 M&A Outlook Survey: It’s Still a Seller’s Market – For Now

Posted by Jane Johnson on Thu, Mar, 07, 2019 @ 01:28 PM

The Details:

A recent survey finds that expectations for the middle-market M&A transactions are high for this year among both buyers and sellers, but many are expecting a slowdown in the next two years.

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Topics: exit planning, exit plan, business exit, market pulse, Citizens Commercial Banking’s annual survey, exit planner, M&A activity, middle-market M&A transactions

2019 Might be the Best Time to Sell Your Business

Posted by Jane Johnson on Thu, Feb, 28, 2019 @ 11:42 AM

2019 could be a pivotal year for business sales, according to Bob House of BizBuySell in a recent Inc. article. For a number of reasons, including the torrent of baby boomer owners looking to sell their businesses and the predicted slowdown of the economy by 2020, he believes that: “For owners waiting on the right time to sell, it might be wise to accelerate the process and make 2019 your selling year.” And, we agree. Let’s discuss some activities that you can start now to prepare for your business transfer in 2019.

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Topics: exit planning, planning to sell a business, sell my business, Thinking about selling my business, Selling your business 2019

Business Transition Academy Launches Free, Online Business Valuation Tool

Posted by Jane Johnson on Fri, Feb, 15, 2019 @ 12:13 PM

What's Your Business Worth? Find Out Now With Our Free Business Valuation Tool

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Business Transition Academy (BTA) is pleased to announce the launch of a free resource for business owners who are looking to exit or transition out of their businesses – our Free Business Valuation tool. It provides owners with a baseline valuation of their business, which as part of an overall Business Ownership Transition Plan, provides clarity and insight into retirement and estate planning discussions, succession planning, and exit strategies. Read More

Topics: exit planning, exit plan, business value, increase business value, how much is my business worth, building business value, business valuation, increasing business value before selling, maintaining business value, business exit

What’s YOUR Business Worth?

Posted by Jane Johnson on Thu, Feb, 07, 2019 @ 10:53 AM

If asked, most business owners would probably say that it’s their goal to sell or transfer their business in order to fund their retirement. And the first question they have is: “How much is my business worth?” They may have a vague idea of what they think it should be worth, but don’t usually have any tangible numbers. More often than not, it’s unrealistically high in comparison to what a buyer would actually pay.

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Topics: Maximizing Business Value, exit planning, business value, how much is my business worth, business exit

Join the New England Chapters of XPX and AM&AA for a Joint Winter Social at Jack's Abby Brewery

Posted by Jane Johnson on Tue, Jan, 29, 2019 @ 11:12 AM

Join us for the XPX and AM&AA New England Joint Winter Social at Jack's Abby Brewery

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Topics: exit planning, business transition planning, Exit Planning Education, Business owner education, exit planning exchange, business owner networking, AM&AA, exiting planning professional

Lessons Learned from Shark Tank

Posted by Jane Johnson on Fri, Dec, 07, 2018 @ 02:13 PM

The dream of owning a business is as American as apple pie. According to research from Vistaprint, three in five or 62% of Americans were dreaming of starting a business at the beginning of 2018. The popularity of the reality show Shark Tank, which recently started its 10th season, has helped to encourage entrepreneurship and make it look easy. It’s certainly entertaining but can be misleading. In reality, starting and growing a profitable business – and then maintaining that value – is extremely difficult. 

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Topics: Shark Tank, Business ownership transition plan, business owner goals, Growing a profitable business, maintaining business value