by Lorne Greenfield | May 22, 2023 | Exit Planning
You’ve been working on the sale of your business for months now. It’s finally closing day, and you enter the conference room with anticipation. All the work, not just to complete this sale but to build a business someone else actually wants to buy, is about to pay...
by Lorne Greenfield | May 2, 2023 | Exit Planning
Business owners tend to overestimate the value of their business, which can mean an unpleasant surprise when a valuation expert delivers their assessment. This can be a painful experience, but it’s necessary to define exactly where you are today (point A). Without...
by Lorne Greenfield | Apr 21, 2023 | Exit Planning
You’ve been reading our series and have decided to do some exit planning. Check. You have audited your time, started planning for your free time, and have an idea how much money you’ll need for the next chapter. Check. Now it’s time to have a valuation...
by Lorne Greenfield | Apr 5, 2023 | Exit Planning
One of the most common miscalculations owners of businesses make is estimating the value of their business. It’s difficult to be objective about something you’ve invested so much of yourself into. That’s why prospective buyers, banks, and investors...