A CEO’s Perspective – Lessons Learned
A CEO’s Perspective
Importance of Anonymity when Selling your Business
When it comes to selling your business, keeping things under wraps can be a strategic necessity. Anonymity safeguards your company’s value, prevents unnecessary chaos, and ensures you’re in control. Let’s dive into the why, how, and who of staying incognito while you work toward achieving your optimum outcome
When Is the Best Time to Sell Your Financial Planning Practice?
When it comes to selling your financial planning practice, it’s not about chasing the market. The best time to sell isn’t dictated by market highs or external conditions – it’s about you. Surprisingly, the ideal time to sell is when you don’t need to. Why? Because selling from a position of strength allows you to plan, negotiate, and execute the sale on your terms. Let’s explore why this approach leads to better outcomes and how you can prepare for the most rewarding exit.
Deal Fatigue
At Growth Focus, we’ve seen many deals that start with fireworks but fizzle out before the grand finale due to an insidious culprit: Deal Fatigue. It’s that feeling when the journey becomes so long, convoluted, and draining that both parties are ready to throw in the towel. Think of it as a marathon where, halfway through, you’re questioning your life choices and wondering why you didn’t just Uber to the finish line. In the world of financial service practice sales, it’s all too common—and entirely avoidable with the right perspective.
Red Flags & Dealbreakers
Here’s the thing: spotting red flags and deal breakers isn’t about assuming the worst in others. It’s about knowing yourself. What do you really want in this deal? What are your non-negotiables? And what’s worth working through?
Deal Wobble Phenomena
Growth Focus has noticed a phenomena in Financial Service Practice sales just before a contract of sale is to be signed. We call this the Deal Wobble.
Adviser Risk in Incentive-Laden M&A Deals
Risks in Second Installment Payments Insights from Growth Focus Introduction In the world of mergers and acquisitions (M&A), particularly within the financial advice sector, transactions