Exit Planning, Part 3: Structuring a Successful Employee Buyout of a Business
Financing options for an internal business sale give workers the means to do the deal Selling the business to an internal successor is a viable option for many owners, whether it’s used as a Plan B if no external buyers are available or when it’s preferred from the...
Exit Planning, Part 2: Selling Your Company to an Internal Successor
The basics for a smooth and successful employee-based business sale The business-for-sale marketplace is crowded. For the past three years, the number of businesses on the block has hit record highs, largely driven by the number of retiring Baby Boomers. Business...
Exit Planning, Part 1: Why Your Business Must be Built to Sell from the Start
Even if retirement is years down the road, every entrepreneur needs a proactive exit strategy For many entrepreneurs, selling their business for a windfall of cash is the endgame from the start. But too many others see the potential for moving on as so far in the...
Should Your Company Embrace the Gig Economy?
5 reasons hiring independent workers may give your business a competitive edge Working a series of “gigs” instead of 9 to 5 for a single company is challenging the standard way of work. And while some employers remain wary of this emerging model, the opportunities it...
Employers: Work/Life Balance Doesn’t Negate Strong Company Performance
7 steps to creating work/life balance while boosting your bottom line As work/life balance remains the rallying cry of today’s Millennial-driven workforce, there’s an important reality for businesses to accept: prioritizing work/life balance can co-exist with strong...
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