Buyers are generally categorized as belonging to one of the following groups although, in reality, most buyers fit into more than one. The Individual Buyer This is typically an individual with substantial financial resources, and with the type of background or experience necessary for leading a particular operation. The individual buyer usually seeks a business that is financially healthy, indicating a sound return on the investment of both money and time. The Strategic Buyer This buyer is … [Read more...]
Planning Your Exit
February 15, 2013 by
By: Tom Lindahl, CABI President Transferring your business to the control of someone else is the single most important financial event in every business owner’s life. Transferring it to whom you wish on terms that are favorable is a huge challenge and one that business owners need help with. Think of planning for your exit as planning for the succession in ownership and leadership of the company. The best way for you to exit is with a competent, motivated leadership team executing a proven, … [Read more...]
