Succession or Failure: The Small Business Owner's Essential Handbook for Value Creation, Exit Strategy Planning and Capital Extraction
| Author | : | |
| Rating | : | 4.44 (726 Votes) |
| Asin | : | 1630473545 |
| Format Type | : | paperback |
| Number of Pages | : | 80 Pages |
| Publish Date | : | 2015-06-19 |
| Language | : | English |
DESCRIPTION:
By using this handbook as a guide to running your business, you will have an appreciation for the need to run your business with an exit strategy in mind. You initially add some fuel before starting up, you fuel the business with revenue and capital induction as you ascend, you fly along your intended course, and ultimately you bring it in for a safe landing as you exit with a handful of cash. This handbook will assist you in navigating your small to mid-sized business through key employee identification, succession planning, and ultimately value extraction. In the end, there are only two options: Succession or Failure.. Sounds simple, though the vast majority of businesses fail somewhere along their flight path and face an emergency off-airport landing or worse. Succession or Failure is designed to address mission-critical questions and provide workable solutions that you can begin to implement in your quest for your ultimate retirement. Managing your lifecycle in business is the same as flying an aircraft. Through a series of distractions, adverse conditions, or fuel starvation, we find ourselves with red indicators. As a successful small business owner, the issues contained within this handbook either haunt your daily life currently or soon will. The question is, why does this happen to so many s
"Espeically good for those nearing the stage of exiting their business" according to Total Office, Inc.. As an instrument-rated private pilot, Behn uses the analogy of flying an aircraft to that of operating a small to midsized business from start up to retirement.Behn helps you navigation the systems and processes you need to have set up in your business that will not only help you grow but know where your business stands at all times. For business owners who are entering the the final approach, IE: retirement, Behn discusses valuable topics
. Applying fundamental merger and acquisition strategies common in large corporations, Kristofor pioneered an acquisition strategy in the financial planning and investment advisory space beginning in 2000, long before other advisors considered it a viable strategy for business growth. Behn is an entr
Applying fundamental merger and acquisition strategies common in large corporations, Kristofor pioneered an acquisition strategy in the financial planning and investment advisory space beginning in 2000, long before other advisors considered it a viable strategy for business growth. . Having resolved the merger and acquisition funding issue, today Kristofor is forging ahead full throttle in pursuit of practice acquisition and succession planning consulting opportunities. Behn is an entrepreneur and self-proclaimed businessman at heart. Kristofor has spent the better part of the last two decades developing and refining all aspects of his financial planning and investm