by Holly Cloutier | Apr 6, 2022 | Business Exit Planning
At some point, you will need to transition out of (exit) your business. In order to maximize the value of your business during the sale process, it’s helpful to have a deal team that has the qualities, experience, and training necessary to help you make that...
by Holly Cloutier | Mar 22, 2022 | Business Exit Planning
Retaining quality talent is a huge value driver for most companies. Every business has two different types of employees, “important employees” and “key employees”. It’s critical to know the difference between them and how to motivate them. Key employee: An employee...
by Holly Cloutier | Mar 14, 2022 | Business Exit Planning
When you started your business, it was obvious that you needed a plan to make it thrive, but have you thought about your exit strategy for when the time comes to sell? The reality is that every action you take during the life of your business has an impact on your...
by Holly Cloutier | Mar 7, 2022 | Business Exit Planning
The thought of planning for your business exit can be overwhelming for owners – there are so many areas to consider and decisions to make. That’s why we generally advocate that owners tackle their exit planning over a number of years using a phased planning approach....
by Holly Cloutier | Feb 8, 2022 | Business Exit Planning
Success can bring complexity, including more managerial, implementation, execution, and relationship development. Our brains may try to tell us that we’ll create an exit plan as soon as the more critical matters get taken care of. Although you are busy, it’s...
by Holly Cloutier | Feb 3, 2022 | Business Exit Planning
A contingency is the occurrence of a potential (or eventual) negative event in the future. The word contingency literally means “a future event or circumstance which is possible but cannot be predicted with certainty.”As it relates to a business, contingencies would...
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