Author: exitoasis

8 Frightening Things Every Business Owner Has Survived

You can tell when someone’s walked the journey for real. Barbara Taylor’s been there. If you’ve lived through any of these yourself, you’ll feel them all over again as she describes her experiences. Right now I’m flashing back to opening the audit letter from the IRS. . . .shudder. Reprinted with permission. Original article appears here.

Positioning a Business for a Merger or Acquisition (# 3)

Selling a business is different than selling anything else, and your prospective buyer will closely scrutinize your business before they make an offer. Are you ready for that level of examination? Jim Grebey helps you get ready in this article originally posted here. (re-posted with permission)

4 Things Disguised as a Small Business

I take pride in saying, “I’m a small business owner”. But if I’m honest with myself, there have been times over the years when I’ve actually been in disguise. Barbara Taylor gives us a great look at four things that masquerade as a small businesses.

Positioning a Business for a Merger or Acquisition (# 2)

Selling a business is different than selling anything else, and your prospective buyer will closely scrutinize your business before they make an offer. Are you ready for that level of examination? Jim Grebey helps you get ready in this article originally posted here. (re-posted with permission)

Understanding Seller’s Discretionary Earnings (SDE)

Seller’s Discretionary Earnings (SDE) goes by other names: owner’s benefit, total owner benefit, seller’s discretionary income, etc. All these terms are designed to answer one question: What is the financial benefit of being the full time, owner operator of your business? When the costs of the business are met, what’s left over for you as the owner?

Unrealistic Seller Expectations – The Wrong Way to Exit Your Business

Along the way, I’ve heard many sad, and even sometimes horror stories, of people sold their businesses the ‘wrong’ way. It is heartbreaking to see years of blood, sweat and tears invested into a company only to have it end in a big fizzle out. The regrettable part of this is that it can be prevented by doing some simple, even basic, exit strategy planning.