Is there a right time to sell one’s business? For obvious reasons, owners seek to sell their business when the enterprise value is highest. Without the crystal ball ability to predict the future, how does an owner truly know when his/her business has attained its highest enterprise value? After all, businesses go up in value (and go down in value). I don’t profess to have insight on knowing the perfect time to exit one’s business. However, I can tell you that I believe entrepreneurial businesses follow a lifecycle much like that of a NFL player. Take a NFL running back for example. This person may be able to play in the league for 10 years; however, there are really only 3 to 5 years when this person is operating at peek potential and correspondingly has his highest market value. I submit that for most businesses the cycle of peek potential and highest market value is reflective in a short window of time. Having the emotional intelligence to peg that window and execute on it takes a mix of skill and good luck.
10 Organizations That Provide Support for Entrepreneurs Entrepreneur There are many organizations that support the ongoing growth of entrepreneurs and businesses. Some are good, while others provide little to no value… READ MORE Why Women Make Great Chief Operating Officers Fortune Chief Operating Officer is an increasingly common role for women in the tech world. There’s Facebook COO Sheryl Sandberg, of course. But a number of other tech companies… READ MORE Why Solitude Is Crucial For Creative Leadership Forbes While waiting for our luggage to appear on the conveyor belt at Tribhuvan International Airport, a local man who flew with me from Doha to Kathmandu looked over and asked, “Trekking?”… READ MORE Does Every Entrepreneur Think About Throwing In The Towel? Forbes Today is one of those days. You may know the kind. It’s one of those days where it all comes crumbling down in a mountain of agonizing dread. READ MORE Six New Year’s Resolutions For Small Business Owners Smart Business The dawning of a new year is a great opportunity to take stock of your health and your happiness — and also your business. Here’s a look at some top professional habits and practices many small business owners have shared… READ MORE Small-Business Owners Devise Creative Ways to Keep Workers NY Times Samantha Martin’s small-business nightmare typically stalks her on Gchat.“It will be a Wednesday, and an employee messages, ‘Can we talk today?’” said Ms. Martin, who owns Media Maison, a boutique public relations firm in Manhattan… READ MORE
Technology Opens the Door for Entrepreneurs to Achieve the Triple Bottom Line Entrepreneur As I think about the last couple of years, hundreds of examples come to mind on the connection between technology and its potential to change lives… READ MORE What are the technology trends that will shape the future? Your Story Out to chase new adventures, woman in tech and till recently the CTO of Cisco Systems, Padmasree Warrior found a captive audience in a select gathering of entrepreneurs and investors in Mumbai…. READ MORE Why Small-Business Entrepreneurs Should Care About Cybersecurity Entrepreneur When hacking stories hit the headlines, they’re usually about large companies — organizations that have millions of users. These companies invest huge amounts of money in keeping data secure, so any breach is a serious issue…. READ MORE
What to do when the sale of your business and real estate are separate Smart Business Business owners tired of paying rent to a landlord will often buy or construct a new facility and then create a separate limited liability company to own and manage it. The LLC can then lease space to the company, as well as to outside tenants … READ MORE M&A seen increasing among US defense companies CNBC The big U.S. defense companies have used piles of cash to increase share buybacks and dividends. Now they’re going to move ahead on mergers and acquisitions, say analysts who follow the industry…. READ MORE Five Things That Shouldn’t Keep You From Buying or Selling a Company JD Supra There may be several reasons holding you back from buying another company or from selling your own business. However, there’s a new normal in the government contracting space. With increased competition for work, a tight economy, and stricter and more costly regulations requiring compliance… READ MORE Is there ever a right time to sell your business? The Guardian A few years after joining a small creative agency, I was sitting in our weekly management meeting when the MD (and one of the owners of the business) asked each of us whether we wanted to buy the company. READ MORE
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