Value! How to Define it and Build it – Episode # 5 Do You Think Business Owners Know The Value of Their Business?
Champ Rawls a partner of The Rawls Group and Gina Miller who is a partner with Bennett Thrasher in their Dispute, Valuation and Forensics department. discuss VALUE.
Depending upon one’s perspective, value can take on many different meanings. Banks, IRS, Wall street, valuation specialists, business owners, vendors, strategic relationships (franchisor/manufacturer) all view value differently. And depending upon one’s reasoning for determining value, one’s approach/view could change such as – buying, selling, transferring stock etc.
The Succession Matrix
Many people put off succession planning because they think it means retirement, exit and the end. However; succession planning is just the beginning. It gives the owner options in terms of what “their next” looks like, whether that be growth, philanthropy or a new business venture. Our process focuses are addressing 10 key areas of what we call the Succession Matrix.
Click the following link for more drill down resources on The Succession Matrix
Sign up for our monthly e-newsletter to stay informed on how to overcome related succession planning issues.
Contact us and we can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.