Learning Center

Build & Beware: What it might cost you to sell your business

by Lorne Greenfield | June 12, 2024 | Business Value | 0 Comments

Congratulations, you’ve just sold your business for millions. You’ve signed all the papers, jumped through all the hoops, and handed off the last details. After years of investing your time and energy into every aspect of your business, you are eager to finally...

Eight Ways to Exit Your Business

by Lorne Greenfield | May 1, 2024 | Editor's Pick, Exit Planning | 0 Comments

When it comes to exiting a business, most people assume there is only one way out: sale. But actually, there are 8 distinct ways to exit a business. Before considering your next move, it’s crucial that you understand each of these options to determine which is best...

navigate the complexities of payroll taxes and avoid potential business-threatening pitfalls.

Navigating Payroll Taxes

by Lorne Greenfield | April 10, 2024 | Business Value | 0 Comments

Tax deadlines are creeping up, demanding your attention and time. You’re still busy making sure things run smoothly day-to-day; filing business taxes can feel like the last complication you want to deal with.

Cashflow: Why you need it, and how to have money in the bank for your next busy season

by Lorne Greenfield | March 25, 2024 | Finance Strategy | 0 Comments

Gain insights from industry experiences and expert guidance to optimize your financial strategies.

If You Don’t Have a Leadership Transition Plan, Your Exit Could Fail

by Lorne Greenfield | March 6, 2024 | Business Value | 0 Comments

If you Don’t Have a Leadership Transition Plan, Your Exit Could Fail

Get A Grip Roundtable

by Frances Jumao-as | February 21, 2025 | Business Value, Editor's Pick, Exit Planning, Finance Strategy | 0 Comments

Does This Sound Familiar? Your business isn't as efficient or profitable as you'd like. You’re putting in the hours but not seeing the results you want. You’re stuck. You know your business has potential, but you're unsure how to take it to the next level. You’re...

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Topics

Exit Planning

Insights on maximizing value, overcoming obstacles, and ensuring a smooth transition.

Business Value

Learn proven strategies to increase your company’s value, overcome growth barriers, and position it for a profitable exit.

Finance Strategy

Practical advice to optimize cash flow, manage financial risks, and ensure your business stays on a path to sustained growth and profitability.

CEPA Insights

What To Do If Your Business’s Valuation Is Too Low

You’ve decided to create an exit plan, and now it’s time to find out how much your business is worth. What if the value comes in lower than you expected? In this week’s Insights article, we talk about common issues that contribute to a low business valuation and how to move forward.

How To Prepare for a Strong Business Valuation

You’ve been reading our series and have decided to do some exit planning. You’ve audited your time, started planning for your free time, and have an idea how much money you’ll need for the next chapter. Now it’s time to find out what your business is worth now, so you can create a plan to get it to the value you need it to be. This week’s article shares the information you need to gather for a professional valuation, and what to do if you don’t have that information ready.

Determining the Value of a Business

How do you determine the value of a business? We discuss four methods for determining value, along with the variables and complexities that valuation professionals must factor in. You can address some of these factors ahead of time to set yourself up for the best result.

The Formula for an Effective Exit Plan

Ask a business owner over the age of 50 when they plan to transition or exit their business, and you’ll get one of two answers:
– a blank stare, or
– “I’ll work another 5-10 years and call it quits.”(And if you ask this person again in another 5-10 years, you’ll likely get the same answer!)

The bottom line is the same – most business owners lack a plan for leaving their business. Read the article to learn what goes into an exit plan.

The Benefits of Planning for Life Outside of Work

How long has it been since you did something just for the fun of it? What is on your list of “Things I’ll Do Someday When I Have Time”? You may think that you need to wait to start checking things off that list, but that’s a mistake.

There’s more to life than work, and it’s the things you enjoy in your leisure time that make you a well-rounded and happy human being. In this article, we invite you to start exploring and experimenting to find enjoyable and fulfilling activities outside of work and give some practical suggestions for how to do it.