Poole Group » Don Poole

Typical Ways to Exit Your Business

Don Poole — Thu, 19 Nov 2015 01:55:43 +0000

If everything goes well, for the typical small business, it provides a nice income for the owner and is then sold for a good price. The key to a successful exit here is to make sure that your business will bring a top price for its category and location. Small business owners with an eye

The post Typical Ways to Exit Your Business appeared first on Poole Group.

Benefits to Early Succession Planning

Don Poole — Fri, 22 May 2015 22:19:27 +0000

We obviously speak to a lot of business owners about approaching retirement – as a result of recent research we now know that business owners in the 60 to 69 year age bracket represents 37% of all business owners which is a substantial increase on the 21% in 2010. 36% of those were challenged by

The post Benefits to Early Succession Planning appeared first on Poole Group.

Exiting Your Business

Don Poole — Sat, 13 Sep 2014 23:10:40 +0000

Every business owner has an inevitable day when they will no longer own their business. Ben Franklin wrote “Nothing is certain but death and taxes,” and he was right. Baron Rothschild, when asked how he became rich, “I always sell too soon.” By that he meant he never waited to get out of a business

The post Exiting Your Business appeared first on Poole Group.