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Exit Planning Articles by Corby Megorden, CCEA, CEPA
Corby Megorden, CCEA, CEPA Principal, ENNIS Legacy Partners | ExitReadiness.com
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Corby Megorden has decades of executive experience helping organizations identify and successfully navigate the challenges of growth, risk, and change. His expertise covers operations, program management, and financial development and has been tested in a variety of contexts including non-profits, industry, and the military. He is also a Certified Exit Planning Advisor (CEPA), Certified Cost Estimator/Analyst (CEAA), and Financial Modeling and Valuation Analyst.
Recent Articles posted by Pat Ennis
| Recent Articles posted by Corby Megorden |
A Hazy Crystal Ball is Better than a Rearview Mirror Several years ago, I did a cross-country trip with my family. We laid out a rough plan of what we wanted to see, how long it’d take, and most importantly, what we wanted to eat! When we hit the road, I did not drive looking primarily in the rearview mirror, with an occasional glance at the gas gauge and the road signs. I looked ahead and tweaked the plan. Yet, that is often how business owners run their businesses. Often, this year’s business planning consists of, “let’s do what we did last year – just more of it.” We look at whether we have cash ... Read more Die at Your Desk or Go Golfing? Die at Your Desk or Go Golfing? The truth of the matter is, every small business owner will eventually transition from the business. While most have spent much time working in the business, and at times on the business, they have not given much thought to what to do after the business. Whether you love your work so much that you would be happy to die at your desk, or you would like to devote much more time to your golf game, every small business owner needs to consider how they plan to exit. And planning has significant benefits. The Business Enterprise Institute defines three ... Read more Exit Planning and Marathon Runners “Eat well and exercise!” Just about everyone over 30 has heard this advice from someone interested in our health, usually a doctor. We all know that we should begin by doing SOMETHING, yet we wind up not really doing anything. We know deep inside that if we want to live long and prosper, taking a few painful steps will have long-term pay-offs, but all too often those first few steps never happen. What has this got to do with Exit planning? Business owners know they should be taking steps to plan for the future, but all too often they don’t seem to get around to ... Read more |