
EXIT ADVISORS BLOG

Article Review of: Taking the Right Transition Strategy By Michael Dave Watkins
Here's a tool to help you match your leadership strategy to your new business environment in a section entitled transforming leaders. In summary, the idea from this article is as follows:

Machine Shop Magic
Market timing is critical when establishing a succession plan. We had a client who started this preparation in 2009, during the down turn in the oil and gas industry. He had a successful machine shop. His priorities where to get everything in order to execute a transaction when the market turned around.

Being Empathetic
Are you considering transferring ownership in your business to your staff, a family member or third party?

Accounting Clean up
Accounting cleanup is necessary for various types of financial activities. Our focus, in this article, will be for mergers and acquisitions and due diligence.