business owner retirement planning

Home » Blog » business owner retirement planning

My “Thunder” Years As An Entrepreneur

  The third stage of the four transitional business stages, which I describe in my book, The Quiet Millionaire, is the Thunder stage, when higher levels of growth occur. This requires the business owner to focus more on higher level decision-making and intelligently leveraging and leading a growing number of managers and employees. In other [...]

By |2018-10-14T21:34:57+00:00October 15th, 2018|Business Owner, Transitional Stages|0 Comments

How to Not Let Discontentment Derail Selling Your Business

  The Contented Entrepreneur Discontentment expressed through the emotions of anger, frustration, and bitterness, either from within yourself or by others, usually manifests from unmet expectations. No one is immune to experiencing these emotions, whether justified or not. An entrepreneur, especially the owner of a family business will experience these emotions at various [...]

The #1 Monetary Risk When Selling Your Business

One of the most malicious obstacles to achieving a financially successful exit from a business is the taxation of business and personal income and capital gains. Furthermore, often the ultimate tax blow is the estate tax liability. Combine all of the double and triple taxation totaling possibly as high as 90%, the IRS controls the [...]

By |2018-09-30T21:09:09+00:00February 24th, 2017|Business Value, Mastermind Group|0 Comments

How Business Scalability Builds Value and Sellability

Scalability of your business means that your can grow your customers and increase revenues without incrementally increasing your business costs. The result is increased profits, higher business value, and more attractive sellability. Scalability, in the context of selling a business, refers to a company's ability to add significant revenues and not be constrained by it's [...]

By |2018-09-30T21:22:11+00:00February 3rd, 2017|Business Value, Mastermind Group|0 Comments

Score Your Business Value and Sellability

The Quiet Millionaire® Value Builder System™ utilizes a step-by-step process to help  entrepreneurs increase the value of their business and enhance sellability attractiveness. The initial first step is to assess the current status of your business by completing a brief questionnaire for a free Value Builder Score report. The report scores the business value and [...]

By |2018-09-30T21:24:34+00:00January 27th, 2017|Business Value, Mastermind Group|0 Comments

8 Attributes That Measure Business Value

  Entrepreneurs typically have most of their wealth tied up in their business. Increasing the value of this largest asset can have the biggest financial impact for the business owner. A statistical research analysis of 6,955 businesses has pinpointed eight attributes how a business can increase in value by as much as 71% and, therefore, [...]

By |2018-09-30T21:29:33+00:00January 20th, 2017|Business Value, Mastermind Group|0 Comments

A Financial Secret That Builds Your Business Value

Most entrepreneurs relate their company's value to revenue and profits, but neglect to appreciate the role of cash flow. Very profitable businesses can go bankrupt for lack of cash flow. Cash Flow vs. Profits Cash flow is the life blood of a business and is different from profits in that it measures the cash coming [...]

By |2018-09-30T21:29:27+00:00January 13th, 2017|Business Value, Mastermind Group|0 Comments

Use Present Moment Thinking to Build Business Value

Entrepreneurs are constantly told that they should plan ahead early to build business value and sellability. They should, but they typically don't! Therefore, the outcome is too often not the best it could be. The New Year has just begun, and as every New Year previously you've probably resolved to do differently and better a [...]

By |2018-09-30T21:32:40+00:00January 6th, 2017|Business Value, Mastermind Group|0 Comments

How to Know The Value and Sellability Drivers of Your Business

The ultimate value and sellability for your business will be determined by the answer to: "What would an interested, qualified buyer be willing to pay for your company?" Whether you want to sell your business now, next year, a decade from now, or intend to pass the business on to your next family generation, you [...]

By |2018-09-30T21:53:22+00:00November 18th, 2016|Business Value, Mastermind Group|0 Comments

Which Is Better? Selling Your Business To An Internal Or External Buyer?

One of the most critical decisions for a business owner is whether  to sell their business to an internal or external buyer. Either way can be a good or bad decision depending upon how you've planned in advance to meet your business and personal goals and objectives. Either way can make or break you financially [...]