Create your Valuable Business
Creating a valuable business is not easy. We get that.
Most business owners do not have a formal education in accounting, finance or law. And yet you are expected to understand these complex and important matters.
Exit Promise offers access to investors, advisors and other resources so you can create a valuable business.
Whether you choose to sell or keep your valuable business is up to you!
So far, Exit Promise has helped more than one million business owners like you.
Ask your question on any post and one of our investors or advisors will answer.
It’s free.
Try our Online Business Valuation Calculator.
It’s free too.
Find out if you are Ready to Sell your Business.
Get more resources to help you create a valuable business.
Articles
Benchmarking to Improve the Value of a Business
Understanding a company’s operating results is an important factor for a business owner to determine the value of a business. However, the operating results must be placed in the proper context by comparing them to results of the industry as a whole. By doing so, a business owner is able to understand how they are doing financially relative to their industry peers. This exercise is known as benchmarking.
Stay Bonus Plan Definition
What is a Stay Bonus Plan? A Stay Bonus Plan is a formal agreement between a business enterprise and one or several of its key employees....
Defining Successful Entrepreneur When It Matters Most
Recently, small business owners and people who start a business were identified in both the Rasmussen Reports and the Harris Poll with the highest favorability ratings. These two reports confirm what I have observed for decades. Entrepreneurs are good people who work very hard, create opportunities and help others succeed.
Defining Special Assets Two Ways
Bankers and Entrepreneurs rarely see eye-to-eye. Recently, my observation of this unfortunate reality caused me to chuckle as I sat with one of my clients and her business banker. What made me laugh was how two extremely accomplished individuals could define the term “special assets” so differently.
Developing Ground Rules for Selling A Business With Partners
There are ways to improve the likelihood you will achieve a successful sale of your company if you take the time to develop ground rules with your business partners. The sooner you do so in the process of selling a company, the better.
Understanding Business Valuations (Transition Plan for the Business Owner)
At some point in time, every business owner will leave their business (voluntarily or involuntarily). Through proper planning, an owner should expect to achieve their desired goals. Statistics show that the value of an owner’s business accounts for over 90% of their personal wealth. However, more than 75% of all business owners do not have a formal transition plan in place.
Access Additional Articles
