by Linda Fayerweather | Dec 4, 2012 | Business Culture, Economics, Selling
The other day, I was speaking with a successful business owner in her late fifties who runs a retail operation with over 40 employees. Even though she was tired and feeling very burnt-out, she was planning to wait another three to five years before selling her...
by Linda Fayerweather | Nov 30, 2012 | Ask Changing Lanes, Business Planning, Planning for Business
Question: What are the basic parts of a business plan? Answer: Oh, yes, the business plan which is often called the biggest term paper you will ever write. Well, that is if you are getting financing from someone other than your family or self. And yes, this is...
by Linda Fayerweather | Nov 27, 2012 | Uncategorized
When you are contemplating selling your business, quitting your job, or changing your personal situation, unless you have a time machine, unusually a “do-over” is not possible. Instead, change your view, literally and figuratively! Literally: Instead of sitting in...
by Linda Fayerweather | Nov 20, 2012 | Business Culture, Business Management, Business Planning, Economics, Selling, Uncategorized
As a business owner, your age has a big effect on your attitude towards your business and how you feel about one day getting out. Here’s what research has shown: Business owners between 25 and 47 years old Twenty- and thirty-something business owners grew up...
by Linda Fayerweather | Nov 13, 2012 | Business Planning, Organization, Planning for Business, Selling, Uncategorized
Have you been thinking about selling your business but just can’t decide if now is the best time? Do you find yourself repeatedly analyzing the economic situation and wishing you had a crystal ball? The signs are mixed on the horizon. If you’re still up in the air...