Live Oak Bank authored this article to help you prepare for the SBA loan process. Here are 5 thing you need to know…

On this episode of #PoisedforExit, we featured the founder and president of National Theatre for Children, who happen to be former clients of mine and friends as well. Ward Eames, Founder of NTC and Pat Rowan, President of NTC shared the story of how NTC came to be and how they were able to so nimbly pivot after the onset of the pandemic.

Business buyers should bring a fair offer to the table while still being within their means. Brian Knoderer from Sunbelt authored this article to give guidance on how to make an offer…

One might think that calculating net working capital is a relatively simple exercise - Avoid additional costs and strained relationships, by taking care to avoid these 10 common mistakes…

In this episode, Julie was interviewed by her producer, Bob Sansevere and announced the launch of the 2nd edition of “Poised for Exit“!

M&A is a powerful strategy that companies have been using for many decades. Read on to learn what Eric Allison, Managing Partner of Golden One Ventures, wrote for the SCORE resource library…

#PoisedforExit guests featured JB Lloyd and Jill Petschl of Oasis. With the abounding matters that business owners deal with everyday, HR matters are at the top of the list. Oasis publishes an annual survey of business owner responses to various questions about owning and operating in today’s business environment. In this way, they keep a pulse on what’s happening with their clients and can modify or add services as necessary and needed.

Middle market business buyers are faced with many considerations when preparing to buy a business. The Small Business Administration (SBA) guarantees bank loans to small businesses that meet the SBA’s criteria. Read on to see how Live Oak Bank wants to help you prepare for your next business acquisition…

On today’s episode of #PoisedforExit, we interviewed my long-time colleague, Dyanne Ross Hanson. Dyanne is a CEPA like me and specializes in working with families looking to transfer to other family members or employees. She has a process that is worth learning!

Regardless of your business type, you’re likely to need financial support to sustain your operations at some point. This means you’ll need to approach different lenders for a business loan to supplement your working capital. Read this post from SCORE to help you know and understand some of the typical small business loan requirements and conditions you will most likely need to meet.

Targeting the right buyers in the beginning stages of the sales process is essential to a deal's eventual success…

Today’s episode on #PoisedforExit is a special interview between Brad Peterson of Sunbelt Business Advisors and his clients, Janet and Keith McCarty, who recently sold their business called “Virtual Bookkeeping.”

Even if you don’t plan on transitioning out of your business for years, having a comprehensive plan in place gives you peace of mind, knowing that your business, your future, and your family’s future are secure…

Today’s #PoisedforExit episode featured pricing expert, radio host and speaker, John Ray. John’s expertise in how to price your services is far reaching, and we only touched on the tip of the iceberg with this episode, but you’re sure to glean some valuable nuggets from this interview just the same!

Our guest for this #PoisedforExit episode has a long history in manufacturing, as an owner and now as the President of Minnesota Precision Manufacturing Association. Steve Kalina and I had a great conversation about what his organization specifically does to help manufacturer’s grow, educate their teams, retain talent and plan for transition. 

Today on #PoisedforExit we interviewed Cat Breet, Chief Stripe Changer, whose mission is to help people get more freedom, fun and money out of work! Cat’s work brings her into board rooms, executive offices and group coaching sessions where she works to help her clients “find their fire“. Too many people are living their lives unfulfilled, because they struggle with identifying what they really want out of life. She facilitates her clients through a scoring system that contrasts their priorities with the options they have for making changes.

Check out these 3 key aspects to Smart Exit Planning by BizBuySell…

Financial statements show you where a company’s money came from, where it went, and where it is now. Understanding a company’s financial statements is an important step in evaluating the business. We invite you to read about the basic understanding of these statements from our friends at Live Oak Bank…

Exit planning is essential. Even though a plan may not be used for years or decades, developing one benefits business owners in multiple ways…

On this #PoisedforExit episode Julie had the pleasure of interviewing Mark LeBlanc and it’s loaded with nuggets of wisdom and action steps! Mark is a national speaker and author. He also consults for professional salespeople. He’s had many years to perfect his process for his clients and his presentations are more than impactful.