Exit Plan Conflicts

This is a story about four business owners who
attempted to plan and sell their own businesses. This
article reviews the basic elements that make up an
entrepreneur and the conflicts that occur when he or
she exits the business.
Read Story ...
|
| Choosing a Business Entity | | | When considering the purchase of an existing business
or, starting up a new business, the new owners will
have to decide what type of entity will own the
business. Each option has varying ramifications
regarding legal issues, taxation and capital requirement
limitations. It is extremely important that the business
owner consider each one separately before determining
which entity is most suitable to their business.Full Story ... | | |
| Three-Pronged Strategic Plan | | | Regulators, stockholders and market analysts often
resist proposed acquisitions on the basis of history.
Specifically, 80 percent of public mergers and
acquisitions over the last 10 years have failed to
achieve forecasted financial results. In the majority of
cases, the failure is directly attributed to the lack of a
proven post integration process. Last month we
addressed the importance of strategic cultural
integration to increase the odds of success. The
previous month we discussed how connecting each
employee to the strategic plan through compensation
could help align people with desired results. In this
issue, we consider the importance of aligning strategy
and processes to give the newly formed organization a
greater chance for success.More Information ... | | |
|