Time, Purpose, Enterprise Value. The three most potentially impactful assets you possess.
Imagine if you were to improve your satisfaction with some or all of these - what would that mean
for you, your family, and your business?
Would having more control over your time, your purpose, and the treasures with which you can invest in them be a welcome improvement? Take the first step in that direction by clicking below!
Many business owners feel that their business is controlling their lives. They don't take vacations, often miss out on family, social, and leisure opportunities, and feel that their business can't survive without their day-to-day involvement and constant accessibility. If this reflects your experience, you might be facing "owner dependence." When a business is dependent on its owner, it isn't easily leavable. If it isn't leavable, there's a reasonable question as to whether it's sellable—at least on terms one might find attractive.
By identifying, addressing, and letting go of such dependencies, you can regain control over your time and how you spend it. For many, this can make the difference between wanting to sell or choosing to keep the business. Ultimately, "achieving leavability" means you've taken the necessary steps to position yourself for an exit on your terms, in a manner that best meets your needs.
To learn how we can help you to turn your business into a vehicle that empowers you to enjoy personal fulfillment, financial security, and achieve your desired legacy; simply click the button below.
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To break a cycle that finds 4 in 5 owners unable to successfully exit their businesses when the time comes - ultimately losing them in the process, simply submit your information below to begin receiving our "30-Day Dash" series at no cost!
*Selling a business is complex transaction with potentially impactful tax, legal, and financial implications. Our services do not, nor should they be construed to replace the need for you to seek wise counsel in these areas as you prepare for the sale of your business.
*Buying or Selling a business is complex transaction with potentially impactful tax, legal, and financial implications. Our services do not, nor should they be construed to replace the need for you to seek wise counsel in these areas as you prepare for the sale of your business.
Whether you're a small business owner looking for a clear starting point or a larger enterprise seeking expert guidance for a seamless transition, we have the ideal solution for you. Our "Passing the Torch" program is a cost-effective way for small business owners to take back control of their time, make their business less dependent on them, and strategically prepare for the future. For larger businesses, "The Board" offers personalized, 1:1 engagement to bring your vision to life with precision, with access to a coordinated team of elite advisors.
*We act as an advisor helping you navigate the path of selling your business. As such, we are not acting as a broker nor charging the associated commissions.
Only 1 in 5 businesses listed for sale ever transact.
The other 4 go out of business in the process. With
all the hard work and sacrifice you've invested building your business, wouldn't you hope for better odds of a secure future? Grab some time on my calendar to
learn how partnering with us can help you
to get the exit you hoped for!
Just 1 in 4 business owners in this country successfully exit their business without it closing down in the process. In a word, they weren't "leavable". 3 in 4 of those who manage to sell, profoundly regret it within 12 months. Over 3 million businesses owned by baby boomers are about to test those statistics just when they're getting to retirement age...not to mention that 1 in 2 owner are over age 50. If you'd like to have better odds, we can help!
Michael Balstad
Founder, CEO
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"We had the privilege of working with Michael as a subject matter expert for the Legacy Program with the Sacramento Asian Pacific Chamber of Commerce. Michael's expertise was nothing short of exceptional. His deep passion and knowledge of succession planning for family-owned businesses was not only evident but transformative. Throughout the program, Michael provided step-by-step guidance that was incredibly valuable. He broke down the complex process of succession planning into manageable, actionable steps, making it accessible to all participants. His ability to explain intricate concepts in a clear and understandable manner was truly remarkable. Michael's commitment to helping small business owners secure their future and create a lasting legacy was evident, inspiring, and motivating. What sets Michael apart is his dedication to ensuring the success of small business owners. His insights were not just theoretical; they were practical, tried-and-true strategies that could be applied. His passion for the Legacy Program's mission shone through in every session. In summary, Michael's expertise was a game-changer for the Legacy Program. His knowledge and guidance have set our participants on a path to a successful transition of ownership for my family business. We can't thank him enough for his invaluable contributions to this program. If you're looking for a subject matter expert in succession planning, Michael is simply the best.” - Karen Nelson, Director of Supplier Diversity & Elizabeth Merced, Program Manager of the Small Business Utilization Center - Sacramento Asian Pacific Chamber of Commerce
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- CEO, LAUNCHBOSS
Let us join you in your journey to success!