Succession & Transition Planning
October 26, 2015
There’s a difference between optimism and confidence. You might look forward with optimism, but how confident are you that you can sell your business? Are you in a growing, shrinking or flat market?
Your optimistic self thinks:
“Don’t w...
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September 21, 2015
“Have you ever thought of…”
“You don’t have to do it that way. What we did was…”
“Wow, I never thought of it like that.”
Whether it’s dealing with younger generation employees who don’t know how to work; older generatio...
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August 26, 2015
When it comes to preparing your business for sale or transition, work with the right combination of professionals. Their training and experience can have a significant impact on your finances and your ability to choose the transition that’s right f...
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July 21, 2015
Many prominent scientists predict that within the next few decades, melting ice caps will raise sea levels, wiping out many low-lying regions around the world including parts of Vancouver, Halifax and Miami. This isn’t a guess, but the results of e...
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June 23, 2015
What do you track? If you are looking forward to a time when you can sell your company, what meaningful indicators help you make smart decisions? When do you sell? How much is your business worth? Should you push for growth, cut your costs or maintai...
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May 19, 2015
Imagine that in 2020 you will be transitioning, selling, or passing on your business. Who should you connect with in order to ensure you have the support network to make that transition easier?
You could sell your business to strangers, employees ...
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April 20, 2015
If you think you only have one option for what to do with your business, when it’s time to slow down, think again. There are many possibilities. Unfortunately, a recent survey found that 40% of business owners don’t think they can sell their busi...
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March 23, 2015
Do you have an unconscious bias?
Almost certainly…but you don’t know it, because it’s, well, unconscious. When you meet someone for the first time, you form an impression instantly. This impression is not based on any factual informa...
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February 23, 2015
Do you see your employees as real people, or merely as objects? When the time comes to sell your business, will you treat them as individuals with unique hopes, dreams, fears, ambitions and feelings or as a faceless, nameless group? Will it make a di...
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January 26, 2015
Are you a productive business owner? How do you define and measure your own productivity?
What does a productive owner do? I suggest that you are productive if:
You are clear about the mission, purpose and current goals of your business.
Y...
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