A large, demographic shift is occurring. The baby boomer generation is now experiencing significant wealth accumulation and its inevitable distribution. Many business owners from the "boomer" generation are now in the position to turn over the reins of their businesses to the next generation or to …
Selling Your Business Articles and Interviews (tag)
Thinking of Selling a Business? First Think “Pre-Transaction Planning”
Let’s say you have built a successful business over the years and you’re starting to think it’s time to exit. It may seem straightforward – sell the business and enjoy the fruits of your labor! You may be thinking about selling the business yourself. After all, you undoubtedly understand the …
When Selling a Business, Mind Your Emotions
It’s not easy stepping back from a business you’ve spent your whole life building. Not only is the company a source of income, for many entrepreneurs, it’s how they define themselves: innovator, leader, employer. Even a sale to a family member can be emotionally charged. Over the years, I’ve seen …
Do You Have an Exit Strategy?: An Interview with Dr. Pamela Dennis
According to Dr. Pamela Dennis, most business owners wait too long to start thinking about, and planning for, the sale of their businesses. In this interview, Dean Rotbart of Monday Morning Radio talks with Dr. Dennis about how she advises business owners who are seeking to develop exit strategies …
