Will You Sell Your Business for Enough Money?

The value gap. Most of us have heard of it, but do you really know what it is? In its simplest form, the value gap is the cash difference between your business-funded lifestyle now and your business-free lifestyle after sale. So we really need to ask...

Protect the Value of Your Business with Insurance

“Would you like to buy some insurance?” No one likes an insurance salesman… except maybe an insurance salesman. Despite that, we often need insurance and are usually underserved with insurance we buy ourselves. Making yourself informed about the types of...

Could you Survive an Economic Downturn?

What would you do if there was a major economic crisis in your market niche? We’re talking a major downturn. A recession. Are you recession-proof? Could you do what had to be done to ensure your company survived? And if you did manage to hold onto your business...

Planning for a Life After Business

When I first started out, after selling my company, I had a podcast called Rebound Business. I started it because I started researching about what to do after an exit

Start, Scale, Pivot, Grow, Pivot, Grow, AND EXIT

We talk a lot about the importance of having a solid business plan — one that starts with a good operating agreement and ends with a proactive exit strategy. However, the thing about these types of plans is they’re just that: plans. And plans change. The message we...

Exit Planning is Your Business Parachute

We’ve heard plenty of times that it’s imperative to plan for your exit. Well, I interviewed the 2013 Entrepreneur of the Year Jeff Smith on my Podcast, and he told our listeners he wants to ensure you don’t forget the other, more important things like creating value...