Blog Library

Business Transition Planning Step Three: Building a Better Box

Posted by Jane Johnson on Wed, Oct, 03, 2018 @ 05:15 PM

Once you have prepared yourself for your transition (Click Here) and calculated your “wealth gap” or how much money you will need from the transition (Click Here), it’s time to think about just how much your business is worth. When we talk about “building a better box” in our book, Cashing Out of Your Business, we’re referring to maximizing the value of your business, which is always one of the fundamental components of achieving a successful business transition.

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Topics: Business ownership transition plan, increasing business value, increasing business value before selling, business sales, selling your business 2018

Business Owners are Leaving Money on the Table by Not Increasing Business Value. Are You?

Posted by Jane Johnson on Mon, Nov, 20, 2017 @ 12:01 PM

A recent study shows that many Canadian small and mid-sized business owners who plan to leave their businesses within the next five years are not making the best moves to realize the highest possible return. The Coming Wave of Business Transitions in Canada report put out by the Business Development Bank of Canada (BDC) in conjunction with Nielsen asked over 2,500 Canadian business owners about their succession plans, and it found that of the owners who plan to leave their companies within the next few years:

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Topics: Maximizing Business Value, Business ownership transition plan, increasing business value, increasing business value before selling