Every business owner has a big dream to sell their business, achieve financial freedom, and live life on their terms. But many don’t know where to start or what to do. Recent studies show that business owners have a concept of the value of their business, but less than half of those have obtained an…
When it comes to exiting their business, many owners get confused and frustrated because no planning has taken place and they’re ready to exit now. If they’ve been the through the Great Recession and then Covid, they’re especially ready because they’re tired. I have several clients that are Baby Boomers and are beginning to receive…
A successful business exit can be a complex and daunting process. There are many factors to consider, such as the value of the business, the best way to sell it, and how to ensure a smooth transition. That’s why it’s essential for business owners to consider following these three major steps. One of the best…
Every business owner has a big dream for their business and wants to make it happen. When it comes to hiring the right people, getting them in the right seats, and providing a culture of growth and inclusion, we often don’t know where to start or what to do. It shouldn’t be so hard to…
Successfully transitioning ownership and management of their business to the next generation is something that’s on every business owner’s mind. And their goal is to achieve financial freedom in the process. However, many business owners don’t know where to start or what to do. A recent study revealed that only about 50% of business owners…
Every business owner has a big dream for selling their business and wants to make it happen. However, many don’t know where to start or what to do. Selling a business, in some ways, is like selling a house. You don’t decide one day to put a “for sale by owner” sign in the yard…
On this episode of ProfitSense, host Bill McDermott welcomed Beth Miller, President and Founder of Executive Velocity, and Eric Handler, CEO of Handler. Beth discussed how Executive Velocity develops leaders, the challenges of succession planning, coaching as a care leadership skill, and much more. Eric talked about Handler’s uniqueness in the market, its values and purpose, its…
Nancy McGill, Cartridge World Lawrenceville; Neeli Shah, The Law Offices of Neeli Shah; and Karl Barham, Transworld Business Advisors of Atlanta Peachtree On this episode of ProfitSense, host Bill McDermott welcomed three accomplished business leaders. Nancy McGill, Cartridge World Lawrenceville, discussed Nancy’s 2022 Gwinnett Chamber business award, the upcoming 20th anniversary of her business, what differentiates…
Every business owner dreams one day of successfully selling their business and riding off in to the sunset with a professional life well-lived and money in the bank. That will be one of my clients in the next few weeks. Two partners started a business 30 years ago and are about to close on the…
Every business owner has a big dream for their company and wants to make it happen. The problem is many deals can fall apart over terms, leaving both parties confused and frustrated. There are many pieces to consider when structuring a deal. How much? What price? Cash vs. stock? Lump sum or payments over time?…
End of content
End of content