The Real Number you need to know.
The real number versus the tax number. Do you know them both? Do you know the difference?
A Step Toward Exit Readiness in Long Island: The 2017 Long Island Owners Forum Recap
According to national research cited in the State of Owner Readiness Survey (primary research conducted by EPI and its supporting partners), many Baby Boomer business owners are experiencing the next stage in their business’s lifecycle. As these accomplished owners look ahead one, five, or ten years, they see transition, sale, or exit on their horizon. Not a surprising reality, but the concern begins when you look at staggering historical success (or fail) rates for transitioning a privately held business.
Adding Value with The Triggering Event
It helps to know your value when you set out to grow your value. The Triggering Event demonstrates that correlation and gives you the launch pad from which to accelerate.
Challenge your value proposition…is it clear?
Now honestly ask yourself, do my customers really understand our value proposition?
Write a Contingency Letter.
Do you have instructions to your loved ones regarding what they should do to fill your shoes?
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