by Carol Frank | Apr 3, 2020 | Business Advice, Exit Planning
The Top Five Things you can do NOW to increase the value of your business. We are fortunate to make our living in an “essential” industry and I truly believe that our businesses will not only survive this crisis, but thrive on the back end because people have...
by Carol Frank | Mar 7, 2020 | Business Advice, Exit Planning
Recently I had the pleasure of speaking about pet industry M&A in front of a 100 or so of my pet industry colleagues at the 2020 Pet Summit in San Diego. While we covered a great deal of ground during my one-hour presentation, one of the main focuses was on...
by Erin Fenstermaker | Mar 24, 2019 | Business Advice, Exit Planning
Do you plan on selling your pet company someday? If so, what kind of planning are you doing NOW to ensure the best outcome when it is time to sell or find a majority investor? If you are like most business owners, the answer is unfortunately, “none.” The lack of...
by Carol Frank | Jun 9, 2016 | Exit Planning
You’ve been hearing the rumors for years about the huge bubble of people born after WWII through the mid 60’s quickly approaching retirement. The Baby Boomers. You’ve probably heard the numbers: Over 78 million people closing in on retirement in the next 10 to 15...
by Carol Frank | Jan 29, 2015 | Exit Planning
The adoring eyes. The unshakeable trust. The opinion that you are indeed, the most important person in the world. Wouldn’t it be wonderful if potential buyers saw your business the same way your pet sees you? You’d definitely get a better price for company. Just as...
by Carol Frank | Sep 26, 2013 | Business Advice, Exit Planning
This morning a client I have been working with for several months to help him sell his company and I were on the phone with a potential buyer, when without warning my client dropped a huge bomb into the conversation. Basically he threw a fact out that significantly...