Blog Library

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

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

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: how much is my business worth, business value, Maximizing Business Value, exit planning, 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, exit planning exchange, business owner networking, AM&AA, exiting planning professional, business transition planning, Exit Planning Education, Business owner education

How to Plan a Successful Business Ownership Transition

Posted by Kathy Richardson-Mauro on Thu, May, 12, 2016 @ 03:51 PM


“While 54 percent of business owners plan to leave their business in the next 10 years, 72 percent [of those] have taken no exit planning action,” according to a recent study. For most business owners, their business is by far their largest asset, and not properly planning for its transfer can put them, and their employees and family members, at risk. Being prepared is the key to success. It starts with owner education, allowing enough time to plan, seeking the best advice, and creating a Business Ownership Transition Plan (BOTP). A BOTP is a comprehensive written document that outlines how and when the ownership of a business will be transferred to others, either internally or externally, in order to achieve the owner’s long-term financial and personal goals.

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Topics: Business Ownership Transition Planning, exit planning, selling a business, business ownership transition, selling your business, selling my business, deal structure, business transition plan

Creating Your Perfect Calendar: How to Prepare Yourself to Sell Your Business and Create a Plan for the Life You Want to Lead

Posted by Jane Johnson on Wed, Feb, 24, 2016 @ 03:33 PM

If you’re like most business owners, you have invested some (or most) of the best years of your life and most of your financial resources in your business. And you have taken precious little time off to focus on yourself.

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Topics: exit planning, business value, business transition planning, selling your business, tax planning, Create Your Perfect Calendar, tax planning for business owners, business valuation

5 Things You Can Do Now if You’re Considering Selling Your Business in 2016

Posted by Kathy Richardson-Mauro on Wed, Dec, 02, 2015 @ 09:04 PM

The market for U.S. business sales is hotter than it’s been in years, according to business sales site BizBuySell. It’s a boom time for selling a business and will likely remain that way through 2016. If you’re a business owner who is thinking about selling or transferring your business to someone else within the next year, you need to start preparing. You want to make sure that you’re ready to sell when the time is right from a market perspective and from a business and personal standpoint as well.

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Topics: exit planning, exit strategy, business value, business owner, business transition planning, selling your business, end of the year business planning, selling your business in 2016

Could YOU Cash Out of Your Business Today?

Posted by Kathy Richardson-Mauro on Thu, Nov, 19, 2015 @ 11:30 AM

The truth is most owners don't know how much their business is really worth today. They also don't realize that different types of sale transactions bring different values. If you are planning on selling your company internally or externally one day to fund your retirement, do you know how much your company needs to be worth in order to achieve your goals? Do you know what you would likely net from the transaction after taxes and fees? Sadly, many owners don't know the answers to these questions until it is too late.

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Topics: exit planning, Cashing out of your business: Your Last Great Deal, exit your business, sell your business, exit strategy, business transition planning, cash out of your business

Is Your Business Your Personal Piggy Bank?

Posted by Jane Johnson on Tue, Mar, 17, 2015 @ 10:01 AM

 

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Topics: business transitions, exit planning, business owner transition, baby boomers, baby boomer businesses, exit plan, business owner

The Employee Stock Ownership Plan: An Option for Franchisees Looking to Cash Out of Their Businesses

Posted by Kathy Richardson-Mauro on Tue, Nov, 18, 2014 @ 09:00 AM

In a recent white paper, How Ownership Transition Planning Protects Both Franchisors and Franchisees, we discussed the fact that franchisees face the same succession and transition challenges that all business owners face, and most do not have a Business Ownership Transition Plan™, a contingency plan, or a leadership succession plan in place. In this article, we’ll discuss one option for franchisees – one that is commonly misunderstood – the Employee Stock Ownership Plan (ESOP).

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Topics: transition plan, exit planning, business owner transition, franchisee

Why Planning is Everything for Business Transitions

Posted by Jane Johnson on Tue, May, 13, 2014 @ 02:30 PM

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Topics: exit planning, Business Ownership Transition Planning