by Holly Cloutier | Aug 10, 2022 | Business Exit Planning
As you prepare for an eventual exit from your business, there are several threats to business value that you need to be aware of: Key employees leaving the company and taking customers, employees, and/or trade secrets. Key employees suddenly leaving without a...
by Holly Cloutier | Jul 28, 2022 | Business Exit Planning
Success is rarely linear. As a business owner, it’s important to provide short-term results while having long-term impacts. There are several areas in which strong planning and realistic goals can position you to achieve more success in the coming year. Building...
by Holly Cloutier | Jun 9, 2022 | Business Exit Planning, Uncategorized
A fundamental aspect of a successful business exit is assuring that your business has enough value to allow you to exit with financial security. This, coupled with wisely invested non-business assets, gives you the best chance to pursue the Exit Path you want on the...
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...
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