The impact of an ownership change on your business can be positive or negative, depending on how you manage the transition. Employee performance may deteriorate as a result of uncertainty and fear of change. That’s why your exit strategy must consider the impact of a sale on employees. Three Areas To Consider 1. Performance
How to Think Like a Prospective Investor or Buyer Your business is your baby. For that reason, it’s challenging to see flaws and areas that need to be improved. Indeed, your baby may, in reality, be a hot mess. You must look at your business through an objective lens and be honest with yourself. Before
When is the right time to hire a CFO for business growth? As your business grows and evolves, you will need help with your finances, help beyond what a bookkeeper or controller can provide. You will need the support of a Chief Financial Officer (CFO) who can provide an in-depth understanding of your company’s financial
