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Blue Sky Blog: All Things Exit Planning

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The Contingency Plan: Fulfilling Your Vision – Even if You Are Not Here to See It

February 18, 2021 //  by Joe Gitto

We all know that every day is a gift; none of us know what tomorrow holds in store for us.  As a business owner, one of the most important things you can do to preserve your business, your legacy and protect your family in the event of an unforeseen event is to have a detailed …

The Contingency Plan: Fulfilling Your Vision – Even if You Are Not Here to See ItRead More

Category: Exit Planning, Succession PlanningTag: Business Strategy, Exit Planning, Selling a Business, Succession Planning

Death, Taxes and Selling Your Business

Death, Taxes, and Selling Your Business

January 26, 2021 //  by Christina LoBiondo

Death taxes and selling your business. As 2020 has thankfully ended and you continue to plan for 2021, one of the most important questions you need to ask yourself is: Am I and my business prepared for the unplanned?   As we all learned in 2020, the unplanned will pop up suddenly. A global pandemic, an …

Death, Taxes, and Selling Your BusinessRead More

Category: Exit Planning, Succession PlanningTag: Business Strategy, Buy Sell Agreement, Exit Planning, Selling a Business, Succession Planning

three pillars of a successful exit plan:Exit Plan, Financial Plan, Post-Sale Plan, Business, Family, Retirement, Estate, Legacy

Three Pillars of a Successful Exit Plan

January 12, 2021 //  by Christina LoBiondo

Three Pillars of a Successful Exit Plan     The decision to sell your business or take on an outside investor is not a singular event, but an ongoing strategic process defined as Exit Planning.  Most business owners avoid preparing an exit plan because they do not have a clear understanding of the process, or …

Three Pillars of a Successful Exit PlanRead More

Category: Exit Planning, Exit StrategyTag: Business Strategy, Business Valuation, Exit Planning, Selling a Business

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Do I really need an Exit Plan?

July 27, 2020 //  by Joe Gitto

Do I really need an Exit Plan? “In this world nothing can be said to be certain, except death and taxes”. This quote has been widely attributed to Benjamin Franklin and has endured for hundreds of years. I would like to add a third certainty to this phrase; “at some point you WILL exit your …

Do I really need an Exit Plan?Read More

Category: Exit Planning, Exit StrategyTag: Business Strategy, Business Valuation, Business Worth, Exit Planning, Selling a Business

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Should I sell my business?

April 14, 2020 //  by Joe Gitto

We have all heard of the impending silver tsunami. The crashing sound of the baby boomers rushing to the exits to enter the world of retirement. It’s not of matter of “should I sell my business?” It’s a matter of “When should I sell my business?” It is estimated that the boomer generation will transfer …

Should I sell my business?Read More

Category: Exit Planning, Succession PlanningTag: Business Valuation, Business Worth, Buy Sell Agreement, Exit Planning, Selling a Business, Succession Planning

Financing Your Business

Financing Your Business

September 23, 2019 //  by Joe Gitto

Proper financing is the lifeblood of your business, and the financing you choose impacts how you will grow. This blog post describes the four most common ways of financing your business as well as sources and forms of financing.

Financing Your BusinessRead More

Category: Business ValuationTag: Business Strategy, Business Valuation, Business Worth

The Role of the Coach

August 2, 2019 //  by Joe Gitto

Major league batting champions work with club-provided and personally hired hitting coaches. PGA tournament winners have swing coaches. These highly trained athletes at the top of their game use coaches. Why? Read this post to find out.

The Role of the CoachRead More

Category: Business Valuation, Exit PlanningTag: Business Strategy, Business Valuation, Business Worth, Succession Planning

Staying On Course in Business

June 21, 2019 //  by Joe Gitto

Running a business inherently entails many complexities, any of which can throw your business off course from executing on its plan. As a business owner it is your responsibility to ensure that the business stays on track while being available to assist, guide and develop your employees, service your customers and chart a vision for …

Staying On Course in BusinessRead More

Category: Business Valuation, Exit PlanningTag: Business Strategy, Business Valuation, Exit Planning

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