On May 2nd, Michael Schwantes joined John Foster on his radio program Just the Fact, They discussed the top ten exit planning mistakes and how to avoid them. Just the Facts is on every Wednesday morning on WOMT’s (1240 AM) at 8:30.
As a Business Intermediary, I have to agree with this article’s results: Generational businesses are fading – I spoke with a 5th generation business owner which is almost unheard of today. She was quite proud of being able to keep the business running profitably and keeping up with the numerous changes in her particular industry. Her…Read More→
Michael Schwantes, Business Intermediary Have you heard the phrase, “Re-Fire rather than Retire?” The author of this article, 8 Questions Business Owners Should Ask Before Transitioning Out, uses it to propose business owners begin to re-purpose their lives long before they even think about exiting their company. He suggests an 8-step exercise to help them…Read More→
Michael Schwantes, Business Intermediary Many of the business owners we serve hire us first to develop a valuation of their company, and perhaps later hire us to market and sell it for them. At any point in time, we know the health of the market and many industries because, as experienced business brokerage advisors, we…Read More→