Business Transition

Chances are your business will not successfully transition to the next generation. Only about 1 of 3 small businesses survives the transition from the first generation to the second generation. We think we’ve uncovered the biggest culprit for this lack of success. While most small business owners can tap into their attorneys, CPA, financial planners, and insurance agents for great guidance and advice about the best and most tax efficient way to structure and fund the transition of their business, they rarely have a competent and knowledgeable source to help them with transitioning the day-to-day management of the company.

Business Plan, Business Transition, Leadership October 24, 2019October 16, 2020

How Do I Get Ready To Transition My Business?

This episode was designed to be the first of a 2-part series focused on helping both current owners and potential next generation owners figure out how to transition the business. Well, we only got about half way through the questions for the current owner this week so we will cover the second half in next week’s show. After that we will get into questions from the next generation’s standpoint.

Business Transition, Selling Your Business September 27, 2018October 29, 2020

How Do I Know It’s Time To Sell My Business?

In This Episode Several of our clients have recently been approached by folks who are expressing an interest in perhaps […]

Business Plan, Business Transition, Buying a Company, Leadership, Selling Your Business May 17, 2018October 29, 2020

How Do You Know It’s Time To Sell Your Business?

In This Episode If you’ve been in business for a while, chances are you’ve gotten some unsolicited phone calls, emails, […]

Business Transition, Family Business March 31, 2018October 16, 2020

How Do You Deal With False Starts During A Business?

In This Episode Most business owners don’t start a company with a plan to exit the business and transition it […]

Business Transition, Buying a Company, Family Business, Leadership January 4, 2018October 29, 2020

How Do You Transition the Ownership/Management of a Business?

In This Episode Many business owners struggle with something that most people think should be a no brainer…taking a vacation. […]

Business Transition January 25, 2017October 29, 2020

How do I transition my business to the next generation?

When you start your own business, you hardly ever fast forward ahead to ask yourself: How do I transition my business to the next generation? And when the time is right, probably about 20-30 years down the road, most small business owners don’t have a clue as to the right way to go about handing […]

The post How do I transition my business to the next generation? appeared first on Maximum Value Partners.

Business Transition January 18, 2017October 29, 2020

How do I know when it is time to split with my business partner?

Jack Mencini and Adam Sonnhalter, coaches with Maximum Value Partners (MVP) www.maximumvp.com know that small business owners are faced with numerous questions and challenges day in and day out. With over 15 years of coaching business owners (and having owned many small businesses themselves), Jack and Adam have heard all the stories and questions that […]

The post How do I know when it is time to split with my business partner? appeared first on Maximum Value Partners.