Why Bother Doing It the Hard Way?
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Why Bother Doing It the Hard Way?

Whether you want to sell your business next year or a decade from now, you will have two basic options for an external sale: the financial or the strategic buyer. The Financial Buyer The financial buyer is buying the rights to your future profit stream, so the more profitable your business is expected to be,…

Thinking Vs. Doing: The Owner’s Dilemma
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Thinking Vs. Doing: The Owner’s Dilemma

There’s a steady breeze from the northwest, which cools the warm Caribbean afternoon. Framed between a palm tree and the turquoise water, you notice a man reading. He appears to be working, which seems strange given his appearance: shaggy blonde hair, linen shirt, surf shorts and flip-flops. You squint and realize the man is Richard…

Six Ways to Profit From Your Vacation
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Six Ways to Profit From Your Vacation

Summer is almost over, and many of us are getting in those last weeks of vacation before Fall. Although it may seem strange, now may be the perfect time to increase the value of your company. The most valuable businesses are the ones that can survive without their owner. A buyer will pay a premium…