From the first Step to the Last last updated: June 2005 | view prior episode

EXIT STRATEGY? EQUITY MODEL? After all, we are all going to exit, right? Business Valuation: We all ask, "What's my business worth? How do I get my money out? Can I sell it? Can I retire? What am I going to do with the rest of my life?" So, let's look at exit strategies -- ways people get the equity out of their business. There are four big categories within the eight: « Liquidate: Over 70% of you will get pennies on your dollars. You've created a lifestyle business and you'll ride it down with your health. With very few exceptions, we do not recommend it for anyone. » Keep it in the family: Pass it on. Two-thirds of all business is family business so it is obvious that passing it on within the family works. We have an entire section about family business. » Sell it outright: We have an entire section of the site about selling your business. » Sell it over time through stock: ESOP, IPO, DPO, and Private Equity Markets. more... Mergers & Acqusitions Integrity Selling Understanding wealth and capital formation KEY IDEAS: ALL ABOUT LIQUIDITY Start Thinking Now About What Comes Later While You Still have choices: 1 Close the Doors of Your Business 2 Give It Away 3 Sell To Someone Close To You 4 Sell To Someone Like You 5 Sell To The Highest Bidder Sell Over Time: 6 To Your Employees 7 Through An IPO or DPO 8 In The Private Equity Capital Market more... THEY UNDERSTAND VALUE CREATION. What is value? ...in Business? ...in Life? Here are just a few of the people you've seen in this episode of the show. All are value creators. They worked through Step 5 and Step 6 (Paths & Steps) by focusing on their core values. Making Our World A Better Place Episodes by Business / Industry / Owner Please Sign Up, Get Listed, then Invited... Go to the next episode of the show

The Small Business Index of Learning Companies
Click here to be listed and linked from within this site.