Transition360 has had the privilege of working with many great business owners over the last 40 years, but working with Julie and Alan Burke, owners of Classic Nursery to help develop a plan to sell their business to good buyers that would be good stewards of their clients and employees was particularly complex. In 2019, … Read More »
Is There A Proven Process For Successfully Transitioning Small Businesses?
It’s taken me ten years to realize that I’ll likely never fill the shoes of Bill Pearsall, the founder of Transition360. Bill has a bit of a godfather look to him with the silver hair slipping out the sides of his Homberg or Fedora, depending on the deal. His style and etiquette are unmistakably that … Read More »
Upholding Business Ethics in Our Industry
For nearly 40 years, the team at Transition360 has built their business on a foundation of business ethics that follows three rules: Complete Transparency. No Seller Remorse. No Buyers Remorse. Whether doing gratis work or closing large transactions, we’ve made it our standard to go above and beyond the norm to ensure a reputation of … Read More »
Has Your Spouse Mentioned Her Retirement Dreams?
What were your goals when you started your own business? Was it to do something you love? To be your own boss? Not having to rely on someone else to make money? The ability to retire earlier?… 2.34 million privately held businesses in the United States are owned by baby boomers. Forbes quotes that the … Read More »
Relationships that Stand the Test of Time
In a world of accelerating transition, many companies change associates, affiliates, personnel, and even their business principles as often as they swap out ink cartridges. This said, there are some firms, firmly grounded in their founding principles, who build relationships that stand the test of time. Transition360, a business brokerage founded nearly 40 years ago, … Read More »
Do Your Due Diligence on Business Brokers
Selling your business for the maximum value is often the dream of many entrepreneurs. Finding buyers for your business, however, can be difficult if you haven’t been proactively planning and aren’t prepared for a transition. One option to gain access to a larger pool of buyers and a well structured selling process is to consider … Read More »
Expert Panelists at the Cantillon Club Event!
Save the Date! We are excited to announce that both Dan Stone and Tod Fiscus (Principals, Transition360) have been invited as expert panelists for the upcoming Cantillon Club Business Owners event. The exclusive “Business Transition Planning” venue will be held on October 24that VMG 520 Studio. We will be accompanied by distinguished panelists: Arti O’Brien … Read More »
Now is the Time, You Are Still in Your Prime!
Many business owners wait until a health challenge scares them or their spouse into preparing an Exit Plan. If health is still on your side and there are things you’d like to do that requires good health, now is the time to start preparing possible scenarios to transition your business! Most baby boomer entrepreneurs say … Read More »
Tips To Maximize Your Business Value Before A Sale
It can be a difficult thing for a business owner to plan for the sale of their business. They have nurtured and grown the business over many years, and the thought of selling it is not something they want to contemplate, much less create a plan for. For many people this is like meeting with … Read More »
What Is My Company Worth Right Now?
If you’re thinking about selling your company—either now or a few years in the future—the first thing you’ll need to know is the current market value of your company. After all, only by knowing the company’s value will you have any idea whether retirement or other financial objectives can be met or if an … Read More »