Capital Concepts Insights
News and helpful advice for business owners, founders, and entrepreneurs who want to build and exit their companies successfully.
Most Recent Articles
One of the Biggest Barriers to a Successful Exit: YOU
It can be a self-perpetuating cycle: a business owner tells me she knows she needs to delegate so she can create bandwidth to plan ahead. But she can’t hand anything off because she hasn’t documented her processes which would allow someone else to follow the same steps and get similar results. Why hasn’t this happened? Because she doesn’t have time because she has so much on her plate.
Read the article to learn how to break this cycle and get out of your own way.
Common Barriers to a Successful Business Exit
Before we begin our deep dive into successful exit planning, we pause to look at the bigger picture. A successful exit will require you to overcome multiple barriers, all of which are interconnected. The good news is we know what the most common barriers are, and by doing this work, you will also build a stronger business.
Introduction To Exit Planning
What if we told you that thinking about your exit in the future actually helps you solve the problems you’re facing today in your business much more effectively? It’s true, and it’s why we’re so passionate about exit planning for business owners. This month we published the first of many articles on what exit planning is, why it’s so important, and when to start. If you need one reason to read, make it this:
80% of businesses put up for sale do not sell, and of the 20% that actually sell, only 14% achieve the desired sale price.
Want to be one of the <3% of business owners who realize the benefits of business ownership? Read the article to learn how.
About Capital Concepts
Would you like help?
We’ve been there, knowing things have to change but not knowing how. Let’s chat for a few minutes and see whether this seems like a good fit. The button below will let you schedule a simple 15-minute call with Lorne to get to know each other and see whether you’d like to talk more in depth.
Articles on Exit Planning
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Videos on Exit Planning
The video below is the first in a playlist of 6 videos, each 2 minutes or less, on the kinds of challenges business owners must overcome to successfully exit their businesses. We can help with each of these.
Articles on Business Performance
Top 10 Ways to Improve Your Business’s Performance
Ten best practices widely recognized as effective ways to ensure or improve business performance
How the Four Types of Intellectual Property Contribute Value to Your Company
Intellectual property is a highly valuable type of intangible business capital. It can take 1 of 4 forms: trademarks, patents, copyrights, or trade secrets.
Your company must take the time and invest the resources to protect its intellectual property! Learn why IP’s are so important, and how you can protect yours in our latest article
Five Ways Financial Management Improves Your Business’s Value
Poor financial management can manifest itself in many ways, but the price is always the same: the value of your business.
Odds are, as the owner of your business you are a strategist, visionary, and leader. But you likely don’t have the bandwidth to manage the complexities of your business’s finances.
But not to worry! We’ve outlined 5 ways financial management will improve your business’s value.
How To Avoid the Biggest Valuation Mistake Made by Business Owners
You’ve been working on the sale of your business for months now. All the work, not just to complete this sale but to build a business someone else actually wants to buy, is about to pay off.
You hold your breath as the sales agent slides a piece of paper across the desk towards you…with a number completely different than you’d negotiated!
“As you know, we did a final business valuation last week to determine the final sale price for the closing today,” she explains. “After reviewing all of your records, we have determined that the value decreased from our initial estimate a year ago. As a result, the sale price will be 25% lower than we originally planned.”
What happened to the profitable sale you worked so hard for?!
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.
Articles on Business Value
Five Ways Financial Management Improves Your Business’s Value
Poor financial management can manifest itself in many ways, but the price is always the same: the value of your business.
Odds are, as the owner of your business you are a strategist, visionary, and leader. But you likely don’t have the bandwidth to manage the complexities of your business’s finances.
But not to worry! We’ve outlined 5 ways financial management will improve your business’s value.
How To Avoid the Biggest Valuation Mistake Made by Business Owners
You’ve been working on the sale of your business for months now. All the work, not just to complete this sale but to build a business someone else actually wants to buy, is about to pay off.
You hold your breath as the sales agent slides a piece of paper across the desk towards you…with a number completely different than you’d negotiated!
“As you know, we did a final business valuation last week to determine the final sale price for the closing today,” she explains. “After reviewing all of your records, we have determined that the value decreased from our initial estimate a year ago. As a result, the sale price will be 25% lower than we originally planned.”
What happened to the profitable sale you worked so hard for?!
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.
LEVERAGING FINANCE STRATEGY TO GROW YOUR BUSINESS.