Risks to Know Before Selling Your Business
Posted on January 20, 2017 by Shane Campbell
B2B CFO® is at it again
Just a quick heads up to let you know that the B2B CFO® Northern California partners will be presenting a free educational seminar sometime in the summer/fall of 2017 called “Risks You Need to Know Before Selling Your Business.” The series will be based on the 4th edition of our book The Exit Strategy Handbook©, will include several of our current white papers, and provide an introduction to our proprietary B2B Exit™ software.
“I’ve got plenty of time for that… What’s the hurry? What’s the worry?”
The U.S. Chamber of Commerce has predicted that only 6% of businesses will achieve a successful exit over the next twenty years. Those are long odds, and they are stacked against you. We at B2B CFO® are here to help you choose among the half-dozen or so options for transitioning your business, and help you carry out a strategy to achieve your goals. We are uniquely qualified when it comes to Transition Planning. It’s what we do.
“But I don’t want to retire. I have things to do before I hit the beach full-time.”
We get it, and we hear that a lot. In fact, only 25% of the respondents to our poll said they wanted to formally retire after selling their businesses. Most wanted to start a new business (32%) or enter into a consulting or teaching career after the exit. Selling your business doesn’t have to mean hanging up your cleats. Often times it is merely a transition into the next stage of your life. We can help you get there.
What qualifies your firm on this subject?
Glad you asked. Our nation-wide network of over 200 CFO’s have completed 1,600 exit transactions aggregating $51 billion in gross proceeds during their careers. It’s what we do.
If you want to talk or just kick these concepts around a little – no problem. We are glad to provide a no-cost, no-obligation Discovery Analysis to help you along the way. Just give us a shout.