Tag: exit strategy
7 Steps to Profitably Leaving Your Business
Despite the statistics on high failure rates or the many news stories about business closings, many do survive and thrive. They survive so long and do so well that they, at times, outlast their owners’ energy and interest in the company. Figuring out how to exit a business usually brings up a lot of emotions [...]
Laying the Foundation for a Solid Partnership
The other night my wife and I took the opportunity to get out and have a meal together at an Indian restaurant. Turns out the owner is an old friend of mine. We got catching up and before long our conversation turned to his partnership troubles. He’s had three partners in the three years the [...]
