Exiting

Live with the End in Mind - Doug McMillon, CEO of Walmart

Live with the End in Mind - Doug McMillon, CEO of Walmart

One day, our jobs will end. In that moment, what will people say about you? Doug McMillon, President and CEO of Walmart, addresses the importance of building a lasting legacy through a life of honesty and humility. 

3 Stages of Business Growth

3 Stages of Business Growth

“There are other ways of writing about the stages of business development. I’ve done it myself, but I find quantifying it in this way—0 to 1, 1 to 5, and 5 to 50—makes sense to a lot of my clients. It works in any industry, any style of corporate culture, and every market I can think of.”

Friends Don't Let Friends Sell Businesses

Friends Don't Let Friends Sell Businesses

“We are heading into the season where many business sales are going to wrap up and close before year-end.  Typically, there are lots of good reasons to close a deal before year-end.” But there’s much more to it.

In this post, Bill High reminds leaders of the pros and cons of a business sale. He highlights a great opportunity during this process “If an owner donates some of his or her ownership interest prior to the sale, they can deduct the fair market value of the shares donated. Taxes go down. Giving goes up.” The key is in planning ahead!