Blogs and Resources
Are Your Company’s Earnings or Risk Factors More Relevant For Your Successful Exit?
Most business owners at some point in time want to know the value of their privately-held business. Further, many owners who see their ‘exit’ as being many years in the future would like to know what they can do today to improve and grow that value. This newsletter...
A Good Business versus a Good Investment
When it comes time for a business owner to contemplate an exit from their business, it is important to consider the differences between a ‘good business’ and a ‘good investment’. The next owner of your company will be looking for a ‘good investment’, not just a good...
Some Exit Planning Statistics to Consider
Business owners are well served in understanding the market forces that will likely impact their attempt to successfully exit their business. In 2009, Richard M. Trottier published a ground-breaking book titled Middle Market Strategies. The statistics that are...
An Update on Estate Planning and Owner Exits
According to a recent statistic, 99.8% of US households are not subject to federal estate taxes because they fall below the new estate tax exemption limit of $5.43 million per person, or $10.86 million for a married couple (for the year 2015). The increase in the...
5 Signs It’s Time to Look for a Business Coach Near You | EOS
When you're trying to make a name for yourself in your industry, it can be easy to think that everything falls on you. We all want to say, "I made it all on my own." That's rarely the case. While you're the only one to hold the key to your success, it's nearly...
What Does “SMART Goals” Stand For? | EOS
Goals are what keep us motivated and give us something to work toward. There are all types of goals that we make throughout our lives, especially in our professional lives. For instance, many people have a goal of getting a promotion after a certain amount of time at...
Top 5 Benefits Business Coaches Offer for Entrepreneurs | EOS
We all need help every once in a while, especially when it comes to being an entrepreneur. When you get a new idea, there are many moving parts that are required to put it into action. Perhaps you don't know what steps are needed to make your goals a reality. Or maybe...
Shiny Object Syndrome: How to Overcome It | EOS
Shiny object syndrome, or SOS, is a business term that refers to the tendency of being constantly drawn to “exciting” new opportunities. The new opportunities are usually business ideas, services, or products that you want to dive into without fully determining the...
The EOS Model™ | EOS
The EOS business model is a complete, proven system or framework, supported by simple tools to help entrepreneurs get what they want from their business. Regardless of what you do or who you sell to, the EOS Model™ can help you and your leadership reach and exceed...
The Meaning of VTO™ | EOS
By figuring out what your company needs to grow, you can work toward your goals that contribute to your vision. VTO™ is an easy-to-use tool from Entrepreneurial Operating System® that allows you to look at every aspect of your company's potential and helps everyone on...
Keeping it in the Family
Keeping it in the Family For family businesses to succeed and remain in operation from one generation to the next, succession planning is a crucial procedure. Early planning is crucial, and each plan should be customized to meet the particular requirements of the...
Your Unstoppable You Is Waiting For You in Just One Step
Short Description Jeff Nischwitz’s fourth book — Just One Step: Walking Backwards to the Present on the Camino Trail(Eagle Heart Press February 2020) — is based upon his 2017 journey, experiences and lessons on the Camino de Santiago in Spain. Description Jeff...
Snow Globe Leadership: Shaken Not Settled
Short Description The need for transformational change in leadership is great and the urgency is even greater. The world is waiting for brave and bold leaders to take the risks of leading in these different and people-focused ways. Description The need for...
Are You ‘Playing to Win’ or ‘Playing Not To Lose’?
In any competitive endeavor, there are two prevailing mindsets – there are those who are playing to win the ‘game’ and there are those who are playing not to lose. Business owners are playing the game of business. Each player in this game has quite a bit at stake...
Top Strategies to Help Skyrocket the Growth of your Business
Growing your business is a constant challenge, but it's essential if you want to achieve long-term success. While there are many strategies you can use to grow your business, financial growth strategies are among the most effective. By focusing on your finances, you...
What Happens When it’s Time for You to Step Down and Hand Over the Reins?
What Happens When it's Time for You to Step Down and Hand Over the Reins? What Is Succession Planning? Succession planning ensures your legacy lives on, and your hard work continues to benefit your employees, customers, and community long after you have retired. It is...
Unmask: Let Go of Who You’re “Supposed” to Be & Unleash Your True Leader
Unmask is a must-read for any leader seeking to enhance their influence and impact. Jeff Nischwitz’s new concept of integrated leadership—what he calls LIVINGSHIPTM—represents a new way of living, thinking, and leading. If you’re ready to put down your masks and...
The Two (2) Necessary Elements to Any Business Transfer
Owners who start to think about exiting their business often fancy the idea that someone else will certainly want to own their company after them. These owners look at the struggles that they faced to get the business up and running relative to the stability and...
Two Sides to Every Story
Two Sides to Every Story I’m sure you’ve heard the phrase, “There are two sides to every story” in your life many times. This phrase has special meaning for business owners who are often faced with the personal side of their story and a business side of their story....
Charitable Gifting in Exit Transactions
Many business owners consider the wealth that they have accumulated in their businesses not only the product of years of hard work but also the result of blessings and good fortune that others have bestowed upon that owner to help on his/her path to success. And, when...
Why Small Businesses Struggle to Survive Probate?
We recently met with the family of a business owner who passed away unexpectedly and left an ongoing business to his wife. The business did not have a management team in place and over the probate period, which took about a year, the employees were unable to keep the...
Uncovering Hidden Opportunities: The Power of the Succession Matrix & Asking Powerful Questions in Business Advisory
In the world of business advisory, the ability to ask powerful questions sets successful advisors apart. These questions have the potential to uncover hidden opportunities, identify critical challenges, and drive meaningful results for clients. One tool that can...
How Does My Company’s Dependence on Me Impact My Exit Options?
Many owners today are becoming aware that a process exists to help them plan for the exit from their privately-held business. Some of these owners are also beginning to see that the greater amount of dependence that their company has on their individual efforts, the...
IMPACTING GENERATIONS: How to create a meaningful personal and professional legacy
In the words of Malcolm Forbes, “Too many people overvalue what they are not and undervalue what they are.” This is especially true when retiring after a successful career that has become your identity. Once a person retires, it’s common for his or her self-esteem...
Five (5) Truisms About Small Businesses that Hinder Growth and Exit Goals (and how to overcome them)
Many successful business owners try to answer the question ‘How do I get my company to the next level?’. Many owners exhaust themselves and their resources each year, pushing their businesses to perform at higher and higher levels. However, there are a number of...
Empower Yourself as an Entrepreneur – Challenge what you think you know about Retirement Income
To learn more about RISA, you can click here to download the informational brochure. To visit the RISA website, click here. About our Speakers: Alex Murguía, PhD, is a co-founder of the Retirement Income Style Awareness (RISA®) tool and a co-host of the Retire with...
Are You Building Equity or Income in Your Business?
Many business owners run their businesses based on their current lifestyle needs. However, when you begin to consider who will own your business after you, i.e. your exit from your business, you need to ask yourself whether you are focused on creating a stream of...
Today’s Transaction Preparation for Owners
Today’s business owners are becoming more and more aware that preparing their companies for a sale has a lot of benefit to them and their businesses. In fact, with the growing marketplace of ‘exit planners’ – professional advisors who help business owners prepare for...
The Biggest Threat to Your Post-Transition Wealth?
(T)here is an invisible problem – and how you deal with it will directly impact how much wealth you pass on to the people and causes that are important to you.
EOS® Implementation: EOS Implementer®, EOS® Integrator™, or DIY?
What is EOS®? The Entrepreneurial Operating System® is a methodology and toolset for running a business. While parts of it can be used for any size business, typically businesses that are 300 employees or less adopt it. It is made up of Six Key Components™: Vision –...
Recent Comments