There is also lots of value in this book for all other business owners and entrepreneurs. -- John L. Ward, Cofounder, The Family Business Consulting Group International
From the Publisher
Keep or Sell Your Business lays out both the practical and personal repercussions for business owners as they grapple with this decision. It both outlines the formula for success as a privately held business in the future and examines in detail the motivations and opportunities to sell.
Before taking one step in either direction, owners must determine the current state of the company via a detailed step-by-step analysis. This objective assessmentcovering products, service, competition, leadership and management, available resources, and systemsallows owners to deal from a position of strength when selling. It also may indicate the benefits of keeping the business as a growing concern into the future. Keep or Sell Your Business shows owners how to best evaluate their situations based on personal benchmarks. Business owners will learn to:
* Determine if business leadership can be transitioned to an owner-investor model
* Consider the pros and cons of selling to different types of new owners
* Manage the wealth after a business is sold and redirect efforts philanthropically