All of us Baby Boomers, this is a must read...
Navigating Cash Flow Challenges: Insights from Business Owners and How to Tackle Them
#cashflow #businessowners #challenges
Private Equity Reputation
by John F. Dini of ExitMap Private Equity Groups (PEGs) have a reputation as a Great Satan to some, and a Great Savior to others. It all depends on the personal experience. In fact, both reputations are well deserved, but neither can be universally applied. The “Great Satan” ReputationPEGs buy companies for the express purpose of improving… Continue reading Private Equity Reputation
Purpose – Life After the Sale
Purpose – “Having as one’s intention or objective.” Many exit planning advisors discuss the three legs of the exit planning stool – business readiness, financial readiness, and personal readiness. Personal readiness includes purpose. Many exit planning advisors point to the 75% of former owners who admit “profound regret” with their transition and say it’s because… Continue reading Purpose – Life After the Sale
The Power of Other People’s Money
Private equity leverage can dramatically increase Return on Investment (ROI). How do they provide enviable 15% to 25% ROI? The simple answer is leverage. An example most business owners can easily comprehend is a real estate mortgage. You put down $100,000 on a $500,000 building. The mortgage, especially in the first few years, is largely… Continue reading The Power of Other People’s Money
FPA Owner Transitions 