Before discussing a the value of a business, I want to understand what the owner actually wants. *Is the priority maximum cash at closing? *Protecting employees? *Keeping the company name and legacy? *Leaving immediately, or remaining involved for a period of time? *Selling to family, an employee or an outside… Read More »Start with the Owner, not the Asking Price
Many owners think selling a business begins when someone says, “I want to buy your company.” That is usually where the real work begins. A successful sale may involve value analysis, buyer screening, confidentiality, financing, due diligence, legal agreements, licensing, landlord approval, working capital, tax planning and transition. And while… Read More »A buyer is not the finish line
What a wonderful way to start the morning at WATT. We even kicked things off with a photo shoot, and the happy energy in the room was contagious. After announcements, Lorraine Tallman brought us some sobering facts about cancer, but also so much hope around what is coming next at… Read More »Happy Energy
What an incredible and inspirational message from Eric McElvenny this morning at the Accelerent breakfast. And a big thank you to Mel Carr for the invitation — I’m so glad I was there. He talked about a moment when he felt defeated and wanted to quit. On his first attempt,… Read More »Resilience is a Choice
What. A. Morning. We kicked off WATT by voting in two new sisters, and the energy only went up from there. Denise Kaye shared a journey full of unexpected turns, from a sixth grade experiment to Brad Paisley singing and playing guitar at her bat mitzvah to answering a newspaper ad… Read More »WATT Momentum
OMG — this may have been one of our best ProVisors WAG meetings ever. Dr. Julie Hinman and Dr. Krissi Holder led an incredible conversation about hormones, perimenopause, and menopause from both Eastern and Western medicine perspectives. We talked about symptoms many women experience, current treatment approaches — from patches… Read More »Hormones & Honesty
Many owners say: “I’m not ready to sell.” And they mean it. They may still enjoy the business. They may want to grow. They may be waiting for a child, employee, or manager to step up. They may be curious but not committed. That is okay. A Selling Price Analysis… Read More »Why Business Owners Should Understand Value Before They Are Ready to Sell
We started this morning by welcoming our newest WATT sister, Jaime Ryum, owner of Mountainview Hospice! We are so happy to have her joining this incredible group of women. Teri Davis continued the celebration of Sierra Signs’ 40th anniversary. Forty years in business is an incredible accomplishment, and hearing some of the stories behind… Read More »Legacy in Lights
What a great ProVisors morning! Keith Klein got us started with announcements and updates before turning it over to our presenters. Matt Wells kicked us off by sharing how he helps high-net-worth and high-earning clients use smart tax-planning strategies so they can keep more of what they earn. Alex Hultgren… Read More »Referral Power
“I’m not ready to sell.” That may be true. But it does not mean you should wait to understand value. The best time to understand your options is before you are rushed, tired, pressured, or surprised by a buyer call. This Thursday, I’ll explain why “not ready” may be the… Read More »Not Ready to Sell? Good. Now We Can Plan.
