Follow these strategic steps in planning your company’s exit | Barnea

The most serious mistake many business owners make is waiting too long to plan the exit. The most successful exit occurs during periods of extraordinary growth for the company, where you can show value to VCs and private equity funds.

Sourced through Scoop.it from: www.barlaw.co.il

This is a first. And Israeli lawfirm suggest strategic steps for planning your exit strategy. We concur, noting there’s a lot more to it. We offer a courtesy initial consultation at EGS.

5 Helpful Retirement Planning Tips for the Self-Employed Entrepreneur

As an entrepreneur, business owner, or self-employed professional, retirement might not be something you spend a lot of time thinking about. Between keeping your business up and running and making enough money to pay your monthly expenses, retirement is your last concern. Should it, perhaps, be a bigger priority?

Sourced through Scoop.it from: www.business-opportunities.biz

“Retirement” in this simple article is a synonym for exit strategy. Directed at self-employed folks, the advice is pretty good. You can take it all the way to great by contacting EGS. We begin with a courtesy consultation.

Exit Strategies of the Rich and Famous

Estate conservation is too important to put off. Do you have a smart exit strategy?

Sourced through Scoop.it from: www.roccoandassociates.com

Now for some fun that lasts just over a minute. You are not famous? Call EGS anyway to get moving on your exit strategy.

How to Sell a Business: Why Entrepreneurs Need to Have an Exit Strategy

For most entrepreneurs, the thrill of the beginning is addicting. The idea of taking an idea, something so small and abstract, and then turning it into a full-fledged and functioning business is invigorating. Sometimes this feeling can be so exciting, though, that it causes entrepreneurs to lose sight of the end of the road.

Sourced through Scoop.it from: www.abetterlemonadestand.com

EGS takes pleasure in discovering our core beliefs embedded in the thinking of new groups. Here’s a case in point, and it’s a quick read. Will it prompt you to pick up the phone and call EGS for a courtesy consultation?

Preparing your small business exit strategy

The key to successfully selling your business is to devise an exit strategy… to help you decide how much money you can make from a profitable business or how much of your initial investment you can retain from a struggling business.

Sourced through Scoop.it from: www.companybug.com

Solid insight. Worth a quick read. And a free consultation at EGS.

The Importance of Exit Planning for Small Business

It’s estimated that 75 percent of business owners regret selling their businesses within the first year.

Sourced through Scoop.it from: northbaybiz.com

The writer of this article is my mental doppelganger. He’s on the West Coast and I’m on the East Coast. Absorb his sage insight, then give him or me a call to get your exit planning ball rolling.

Accounting Management Solutions – Five Tips for Creating Your Family Business Succession Plan

Family businesses are the backbone of the American economy,  accounting for 50 percent of the US gross domestic product. They are also responsible for 60 percent of the nation’s employment and 78 percent of new jobs created. With so much at stake, it is troubling to read the results of a CNBC Poll that found that only 20 percent of family-owned business owners had any succession plan in place to ensure a smooth management transition.

Sourced through Scoop.it from: amsolutions.net

Keen insight here. What’s Next for your family business? Contact EGS for a custom evaluation beginning with a courtesy consultation.

11 Steps Every Entrepreneur Should Consider When Preparing for an Exit

These actions will help you avoid leaving money on the table when selling your business.

Sourced through Scoop.it from: www.inc.com

Worth repeating for the new year. Here’s a fresh spin on exit decision making for entrepreneurs and small business owners. If any of this resonates with you, contact EGS to move the ball forward.

The sweet taste of succession planning | Virginia Business 

Planning the next steps for your company helps ensure stability for your brand and its stakeholders and can also provide a source of income for your family. By outlining next steps through succession planning, you can stay ahead of the competition and maintain the legacy of your family business.

Sourced through Scoop.it from: www.virginiabusiness.com

Written with the wine industry in mind, this succession planning argument rings true and provides incentive to get your exit plan up to snuff. Vintage stuff? You be the judge. Or contact EGS to get it right. We’ll toast together for 2018.