Growth To Exit Blog

When you have been running your own business for years, one of the things that you probably always keep in the back of your mind is who is going to become the successor after you retire. If no one in your family is interested in taking over your company, and your kids do not want to be part of it either, then you have to find yourself a suitable buyer. Regardless of whether you built the...

In dealing with the current and unfamiliar global crisis, smart stress management for both managers and their employees is becoming increasingly important.

Stress often arises in the work context when a person cannot cope with a task or challenge because important resources, such as time, money, work equipment or knowledge, are missing. In addition, problems such as uncertainty, unsafety, lack...

Finding a the right business partner for your company or startup is a difficult and time-consuming task. Unlike your colleagues or employees, who follow the directions and rules that you have set, your business partner is involved in all important decisions – based on which the future of the company depends – manages company resources, and has an equal say on business activities.

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In our previous Blog Post on Growth To Exit we discussed the importance of having a corporate succession plan in place, as well as the different selling options that you have as a business owner, if your kids do not want to buy your company. This time we will discuss an alternative strategy that you might wish to consider if you are planning to sell your business: the Employee Buyout....

Corporate succession is one of the most defining moments in the history of a family business. Many parents and grand-parents that have built family businesses from scratch, hope that one day, their lives’ work will pass down to their children and their children’s children, and their legacy will stay alive even after they retire.

This is, however, not always the reality, as surveys...

^{"The knock-on effect of a data breach can be devastating for a company. When customers start taking their business and their money elsewhere, that can be a real body blow.” ~ Christopher Graham}

Last time on the Growth To Exit® Blog, we talked about the 3rd Key Area in your business, the Financials and how you can best prepare your own financial forecast and due...

^{"Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult.” ~ Venita VanCaspel}

Last time on the Growth To Exit® Blog, we talked about the 2nd Key Area in your business, Human Capital and the importance of Human Resource Management in small...

^{“In the long run, your human capital is your main base of competition. Your leading indicator of where you're going to be 20 years from now is how well you're doing in your education system.” ~ Bill Gates}

There are Five Key Areas in every company that impact the value of your business at the negotiation table. In our last article on the Growth To Exit® Blog, we...

^{“Some risks that are thought to be unknown, are not unknown. With some foresight and critical thought, some risks that at first glance may seem unforeseen, can in fact be foreseen. Armed with the right set of tools, procedures, knowledge and insight, light can be shed on variables that lead to risk, allowing us to manage them.” ~ Daniel Wagner}

Last time on the Growth to...

^{“People with clear, written goals, accomplish far more in a shorter period of time than people without them could ever imagine.” ~ Brian Tracy}

One of the main concerns that buyers have when they are thinking about buying your company is its consistency and predictability after the transaction.

What does that really mean?

Buyers are usually worried that when there's a change...