Monthly Archives: July 2014

5 Things to Consider if You Plan to Retire From and Sell Your Business in 5 Years

Last week, Bloomerboomer.com published my article on this this subject. Bloomerboomer.com provides advice on a variety of subjects to baby boomers who are nearing retirement.  They asked me to provide some tips to business owners planning for their retirement (and a sale of their company) in five years. While you can see the article for all the details, here are the highlights: 1.  Institutionalize Your Company's Management Team:  Business owners need to move away from the day to day Read More [...]

Hiring an Intermediary for the Sale of Your Business

Last week, Middle Market Executive published the most recent article in my series on the "Inner Workings of a Deal."  In this article, I explored the decision to hire an intermediary. The article looks at three areas: 1.  Should you hire an intermediary?  While plenty of deals get done without an intermediary, business sale transactions are difficult to complete.  There are a variety of pitfalls and stumbling blocks to getting a deal over the finish line, and deals can take huge amounts Read More [...]