Selling a business is one of the most significant decisions a business owner can make. It involves careful planning, strategic decision-making, and emotional readiness. This is the first entry in a series that aims to guide business owners through the psychological and technical mechanics of selling a business, ensuring they are well-prepared for every step […]
The Western Perspective
The Western Perspective seeks to support business owners as they navigate the challenges of running a successful enterprise while optimizing for long-term success.
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View AllNavigating Succession in Family-Owned Businesses: Accounting for the Next Generation’s Interests
Assuming that a son or daughter will naturally step into the leadership role can be a comforting but potentially misguided notion in family-owned businesses. While the dream of passing the torch to the next generation is a common aspiration, reality often paints a different picture. The children of business owners may develop their own interests, […]
Common Misconceptions and Assumptions in M&A
For many business owners, the decision to sell their business marks a significant milestone in their journey. Whether prompted by financial considerations, personal goals, or market dynamics, selling a company can be a complex and emotional process. However, amidst the excitement and anticipation, it is essential to address the common misconceptions that often cloud the […]