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

Count Your Beans Before Selling Your Business

Posted by Jane Johnson on Mon, Aug, 27, 2018 @ 02:56 PM

In its simplest form, Counting Beans is about taking stock of how many assets you have saved outside your business, determining how much income you will need post-transition, and then calculating how much money you will need from the ownership transition, which is your Wealth Gap.

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Topics: business owner personal goals, prepare for business transition, selling your business 2018, Wealth gap, business owner goals

Booming Market Conditions Reach Record Highs With No Foreseeable Downturn

Posted by Jane Johnson on Wed, Jun, 27, 2018 @ 08:51 AM

The Details:

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Topics: selling my business, business sales, selling your business 2018, mergers and acquisitions