Entries by Murry Shohat

Got IP? Licensing is One of the Best Exit Strategies

Your IP signals investors that your startup has a greater chance of success. Research studies from MIT and WIPO confirm that startups with patents are more attractive to investors, tend to grow faster, have more revenue options, higher valuations and better exit opportunities.

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

If your firm has intellectual property assets — patents, for example — your best exit strategy may be licensing according to this article. EGS will help value and actualize your IP.

EXIT STRATEGY. A business white paper

Retirement will only be good for you as a business owner if you retire ‘to’ something new, rather than ‘from’ something old. Retirement from your business will be a happy, fulfilling, time only if you have first determined what you want to do with the rest of your life and what you still want to achieve. Then go for it!

Sourced through Scoop.it from: castnetcorp.blogspot.com

Here’s a thoughtful blog-style review of exit thinking. You may find yourself in these paragraphs. EGS concurs with the advice to craft an exit plan early. You haven’t done it? We will help bootstrap.

“Lease a CFO”  Introduced by EndGame Success

 

Most small to mid-size businesses cannot afford a full-time CFO. Many business owners attempt to shoulder the responsibility, acting in the capacity of CFO. In our experience, more often than not critical functions get neglected. Learn about our newest service.

 

Sourced through Scoop.it from: endgame-success.com

EGS now offers CFO services. Many smaller clients ask for it. We are pleased to add it as a regular service offering.

 

Reaching Financial Goals | Needs vs. Wants Pyramid | Exit Strategy

Very early in the process of deciding whether or not to exit your business, as a business owner you must determine how much money you need or want to live out your quality of life and accomplish financial goals. Working with a financial planner like EndGame Success, start with an analysis of wants vs. needs to help settle on a desired level of annual spending.

Sourced through Scoop.it from: anderscpa.com

Here’s a new spin on exit strategies for business owners. We like the recommendation to reach out to EGS for professional help.

5 Steps in Creating a Business Succession Plan | Tompkins-Law Estate Planning Attorney

Business succession planning is the process of identifying and developing a plan of how you want your business to operate and who you want to run your business after you retire or pass away. Similar to estate planning, if the proper plan is not put into place, it can cause a lot of time, fees and headaches for your loved once.

Sourced through Scoop.it from: tompkins-law.com

This is straightforward stuff. After you’ve perused the 5 steps, add a 6th: call or write EGS for a courtesy custom consultation.

Six best practices for an exit – New Hampshire Business Review

Unexpected events like the sudden death, disability or unplanned retirement of a co-owner can be incredibly stressful and frequently negatively impact a company’s business. Here are six best practices business owners should follow to avoid these uncertainties: 

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

Good advice from an attorney. EGS adds a 7th best practice: contact us for a fully custom analysis and plan.

Exit Planning Guide for Startup Companies

The startup company IPO is a much rarer creature than it used to be, so most early stage companies return maximum value to their shareholders through some form of acquisition. Planning for such an exit is an ongoing responsibility for both the CEO and the board. Download this sample exit strategy template for early stage founders and directors. Includes key questions to expect from potential acquirers.

Sourced through Scoop.it from: seraf-investor.com

Here’s an interesting and rare view into the world of startups, where exit planning is required by early stage investors. It includes a downloadable exit strategy template that contains useful thoughts for any kind of small – medium business. With EGS guidance, your own custom exit strategy is assured.

How to Maximise the Value of your Business for Sale

…it’s always a good idea to seek the advice of a professional outside advisor who can help you to prepare your company for a successful sale. An advisor can give you the guidance you need to prepare for a sale, give you a realistic idea of valuation and deal structures that will be available, help generate competition for the business by running a competitive process, and manage the process through to completion, allowing you to focus on the ‘day job’.

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

Worth your time to read this short article. Then take the advice to seek pro help by contacting EGS. We begin with a courtesy consultation specific to your business.

Older business owners urged to plan exits as a fifth of directors hit retirement age

Over a fifth of SME directors are now over the usual pension age of 65, as accountancy and advisory firm warns that many business owners are failing to put exit strategies in place ahead of their retirement.

Sourced through Scoop.it from: www.bmmagazine.co.uk

Highly focused article highlights the pitfalls of failing to plan. EGS has your back on customized planning. Get in touch now.