Having a business partner brings with it a commitment to work together through highs and lows....
Resources
Learn your options, essential terms and more!
Retiring Boomers And Their Impact In Small Business Transition
We are currently in the midst of the silver tsunami. That is, entrepreneurs aged 55–73 years old who are part of the Baby Boomer generation, are now retiring from their businesses or are currently in the stage of transitioning their businesses.
Why I Started ExitGuide
In the spring of 2020, I heard a story on the radio about baby boomers that want to retire yet are struggling with exiting their small businesses. As an entrepreneur, this struck me as odd – how can this be an issue? A few hours later I was searching online for more information and was shocked at the magnitude of the issue.
Business Continuity Plan
No one expects it but unforeseen circumstances do happen and cause major disruptions to your ability to run a business. So if these situations happen, do you have a plan?
Definitions Page
Exiting a small business will likely include preparing financial statements for potential buyers as well as obtaining a business or net asset valuation (ExitGuide Pro includes a valuation). If you need a refresher on some of the terminologies or you do not “speak finance” ExitGuide has summarized many key terms below in what we hope is a clear and practical explanation.
4 Tips To Handle Emotions When Letting Go Of Your Small Business
One of the best things about having a small business is how much of your identity and passion you can pour into it. You’ve put your heart and soul into every step or decision and invested a significant amount of time, money, and effort.
Why Millennials May Be Great Buyers For Small Businesses
One of the most challenging decisions business owners like you have to make is who will succeed you. Who will be the best person to carry on the vision of the business or to take it to new heights?
5 Must Have Items To Exit A Small Business
Running your business takes a lot, often there is little time for much beyond the day-to-day while...