Choosing an exit strategy for your business might not seem like an obvious step when you're just getting started, however planning ahead is an important part of building a business. An exit strategy is a plan for how you will eventually leave the business. It also includes details on what will happen to the enterprise after you have left. This book has lots of "what to do"; "how to do" and "why to do". You will learn how to sell your business for a lot more than you thought possible. There are far more sellers than buyers so you need to know how to make your business the most attractive one. You need to know how to get the best after-tax price with the least risk. Let this book take you through the process and even shows you where to find buyers. For buyers of construction companies, you need to know what to look for in a business. You need to fall in love with profits not with the business. Let this book enlighten you!
Exit Strategy Planning
Release on 2017-07-05 | by John Hawkey
In this book we show you why it is never too early to start planning, particularly with regard to structural, continuity and risk management issues (because you never know what might happen to you or your partners or shareholders).
For private business owners, managing a successful exit from their business is one of the most important events in their business lives. This book shows you how to do so with the minimum of fuss and maximum return. It is unique because the author writes from the owner's point of view, bringing together in one place all you need to know about planning this complex process. Exit Strategy Planning emphasises the need to place exit planning on a firm foundation, with taxation planning and business continuity planning providing the basis to ensure a smooth transition that will yield the maximum return. The first three parts of the book ('Laying the Foundations', 'Choosing your Exit Strategy' and 'Preparing and Implementing your Plans') present a best practice approach to this complex subject. Here the book highlights the importance of planning, often several years in advance, and explains the need to make the business 'investor ready' by identifying and removing impediments to sale. Part 3 culminates in a step-by-step guide to producing and implementing your Master Exit Strategy Plan. Following on from this the extensive appendices in Part 4 discuss in detail each of the exit options open to you (many of which you have probably never considered) and show how to choose the optimum exit route. Exit Strategy Planning is a book that will do more than save you time and money now and in the future; it will help you to maximise on what may well be a lifetime's investment.
Finish Big by Bo Burlingham Summary
Release on | by QuickRead
It's an absolute certainty in business and it's never too early to begin planning your exit strategy. The problem is that many people focus on their journey through the company and fail to discuss how they plan to leave.
Do you want more free book summaries like this? Download our app for free at https://www.QuickRead.com/App and get access to hundreds of free book and audiobook summaries. Learn about how great entrepreneurs exit their companies on top. When it comes to owning a business, there will be a day in which you’ll have to leave it. But how? You can’t just simply walk out the door and expect the company to continue running smoothly. In fact, there are many options to think about before preparing to leave, so it takes much time and planning to create an exit strategy that works. You must ask yourself questions, like "Do you want to sell your company? Liquidate? Perhaps you want to gift it to a child?" Luckily, Bo Burlingham has done the research for you and has put together the steps that entrepreneurs take when they decide to leave their company. As you read, you’ll learn why you should begin planning your exit from the beginning, the importance of identifying your “why,” and how to determine whether you should sell or liquidate.
The Ultimate Business Tune Up
Release on 2017-01-24 | by Allen Rich
Before you say anything, trust me—it's never too early to start writing your exit strategy. You will exit your business one day, why not have a specific plan in mind? Doing so can provide tremendous benefits to you, your business, ...
Business owners today are constantly faced with difficult challenges and eight of ten new businesses will not survive the first five years. Competition is difficult and building a sustainable, profitable business is arguably the most challenging sport in all of business today. In The Ultimate Business Tune Up Rich Allen combines the experiences of his father’s own small business, his personal experiences running and growing a business, and his learning from advising hundreds of small business owners into a powerful, step-by-step guide for small business owners everywhere. Rich introduces a model that is both easy to understand and powerful when used to make strategic business decisions.
Harvest Your Wealth
Release on 2013-01-01 | by Kerri Salls
Harvest Your Wealth informs and prepares you, the exiting business owner, to accelerate sales and optimize growth, to make your business buyer ready and buyer attractive, so you can get out on your terms, on your timeline.
Plenty has been written on starting and growing a company. Very little has been written on exits, on monetizing that investment to be able to cash out. What has been written has focused on the financial and legal side of the exit transaction or from the advisor or the buyer perspective. Harvest Your Wealth is for you the owner/entrepreneur/seller, to give you more control and leverage getting out. You are a business owner. Your goal beyond income is to build your company to produce wealth. You envision, strategize and execute to achieve the promise you made to your family and yourself when you launched your business. It's time to build your legacy with an exit plan that fulfills your promises. Harvest Your Wealth is a powerful book packed with exit essentials for your business. It is your guide, your plan, and your advisor to prepare your business and your team and to structure a clean, solid, and profitable business exit strategy. That's how you cash out of your business to cash in on your future. In a very accessible style, author Kerri Salls delivers on the urgency to start taking action now. She then provides the process and steps necessary to achieve results in your business and beyond. Harvest Your Wealth informs and prepares you, the exiting business owner, to accelerate sales and optimize growth, to make your business buyer ready and buyer attractive, so you can get out on your terms, on your timeline.
Investing in Real Estate in Your Self Directed IRA
Release on 2021-12-15 | by Gabrielle Dahms
Determine the split and instruct your custodian about it. ... They also depend on your personal risk profile, on exit strategies, and on market environments. Cash. Flow. and. Appreciation. It's never too early to plan for your future.
Discover real estate investing in self-directed IRAs and their power. Available to all Americans, including to expats, the U.S. government blesses SD-IRAs. Use this fantastic vehicle to grow your retirement wealth!
The Beginning of the End
Release on 2020-08-11 | by Dr Terri Bourne
Your mind will be challenged to consider different options in the earliest stages of considering your exit plan. It's never too early to think this through. Even at business start-up, business owners are advised to have an exit strategy ...
***BUSINESS BOOK AWARDS 2021 SHORTLISTED TITLE*** It’s never too early to start thinking about how you’re going to exit your business. The Beginning of the End guides you step by step through thinking about your options and preparing both mentally and financially, to setting up your business to sell as simply and profitably as possible. As you discover more about your business’s potential, you may decide to take an alternative route to retirement – fretirement, retiring from your business without selling it. This book helps you to consider all your options. Dr Terri Bourne, entrepreneurship expert and business owner for over 20 years, shares her experience and insights to assist business owners in successful retirement and exit planning.
Entrepreneurial Financial Management
Release on 2015-05-18 | by
Discuss the factors that entrepreneurs should consider when planning their exit strategies. 3. Discuss the advantages and disadvantages of the ... Remember, it is never too early to begin exit planning, even during the start-up process!
This practical text presents an applied, realistic view of entrepreneurial finance for today's changing business environment. It provides an integrated set of concepts and applications, drawing from entrepreneurship, finance, and accounting, that will prepare aspiring entrepreneurs for the world they will most likely face as they start their new businesses. The contents are designed to follow the life cycle of a new business venture, with topics presented in the logical order that entrepreneurs are likely to face them. Although the authors cover venture capital and public offerings, they put them in their proper perspective as unlikely vehicles for most entrepreneurs. The book includes a comprehensive financial spreadsheet template with step-by-step instructions that allows for applications of many of the concepts to actual businesses. This new edition adds a nonprofit version of the spreadsheet, and both templates can be downloaded from the author's website. The book also includes a comprehensive survey of funding sources, including all-new chapters on financing over the life of a venture and financing from the entrepreneur, family and friends.
Walk Away Wealthy
Release on 2014-07-01 | by Mark Tepper
But the most common problem may be that entrepreneurs think about their exit as an isolated event—they accept an offer, get a check, ... It's never too late to put a smart exit plan in place, provided that you begin planning now.
The essential guide to selling your business—and walking away with maximum wealth Nearly every entrepreneur dreams of one day selling their business for big bucks, but far too many aren’t aware of exactly what it takes to do so. The sobering truth is that it’s very easy for the entrepreneurs who don’t know what they’re doing to walk away from a sale without the financial freedom they hoped for. In fact, only about 20 percent of businesses for sale will successfully transfer to another owner! In Walk Away Wealthy, Mark Tepper--a leading authority on wealth management and financial planning for entrepreneurs--shows you how to build a strong exit plan, an absolute requirement if you hope to get the full value from a sale. Tepper’s twelve secrets debunk myths and deliver practical advice as he walks you through what most people don’t know (or refuse to believe) about the process of planning their exit. And although it’s best to start planning the exit as early as possible, the book also delivers advice for those who may have waited too long and feel lost in the face of a rapidly approaching sale. Selling the business you worked so hard to build can be a confusing and intimidating proposition. Let Mark Tepper clear away the misconceptions, steer you clear of common mistakes, and help you walk away wealthy!
The Start up Guide
Release on 1998 | by David H. Bangs
A One-year Plan for Entrepreneurs David H. Bangs ... The five - year horizon also helps you define some benchmarks and a plan for attaining them . ... It's never too early to begin thinking about an exit strategy .
Type: BOOK - Published: 2018-04-06 - Publisher: Haymarket Books
As Black oppression moves again to the forefront of American public life, the history of radical approaches to combating racism has acquired renewed relevance. Collecting, for the first time, source materials from a diverse array of writers and organizers, this reader provides a new perspective on the complex history of
Type: BOOK - Published: 2000-11-09 - Publisher: Univ of North Carolina Press
In a major revision of accepted wisdom, this book, originally published by UNC Press in 1991, demonstrates that American social Christianity played an important role in racial reform during the period between Emancipation and the civil rights movement. As organizations created by the heirs of antislavery sentiment foundered in the