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How to Pass Your Business on To a Successor

How to Pass Your Business on To a Successor

by david@numbercraft.us | Apr 8, 2024 | GUIDES: Exiting & Selling Resources

Putting a succession plan in place helps ensure the future stability of your business when you step aside or if unforeseen events happen. Succession plans should be made well in advance if they are to be executed properly, and legal battles are to be avoided. Further...
Weighing Succession Planning Options

Weighing Succession Planning Options

by david@numbercraft.us | Nov 17, 2023 | GUIDES: Exiting & Selling Resources

Planning for the succession of a business is an important and sometimes overlooked part of a business plan. It’s an inevitable period in the lifetime of all successful businesses – so it’s best to weigh up the options early. Keeping your business in the family The...
Finding the Right Successor for Your Business

Finding the Right Successor for Your Business

by david@numbercraft.us | Nov 11, 2023 | GUIDES: Exiting & Selling Resources

Putting a succession plan in place helps ensure the future stability of your business when you step aside or if unforeseen events happen. Succession plans should be made well in advance if they are to be executed properly, and legal battles are to be avoided. Further...
10 Steps for a Financially Successful Exit

10 Steps for a Financially Successful Exit

by david@numbercraft.us | Nov 7, 2023 | GUIDES: Exiting & Selling Resources

Successfully exiting a business is a dream for many owners. Follow these ten steps and you’ll be in great shape to make your dream become a reality. Many entrepreneurs desire to build and sell a thriving business. A financially successful exit is certainly achievable,...
Choosing How to Value Your Business to Prepare it For Sale

Choosing How to Value Your Business to Prepare it For Sale

by david@numbercraft.us | Nov 3, 2023 | GUIDES: Exiting & Selling Resources

Knowing the value of your business is vital should an unexpected buyer come along, and the timing is right for you to sell. You’ll want to get the best price you can so make sure you have an accurate idea of your business’s worth. A business’s value is taken from both...
Planning Your Exit Strategy

Planning Your Exit Strategy

by david@numbercraft.us | Oct 28, 2023 | GUIDES: Exiting & Selling Resources

Selling up You won’t necessarily be offered significant cash up front, and you don’t want your business to go under before the transaction is completed. If you’re selling to someone you wouldn’t necessarily invest in yourself, then make sure no money is still owed by...
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