John Degen and Associates, LLC (JDA) specializes in business advisory services and business transition/exit planning of entrepreneurs, closely held and family-owned businesses. For over 30 years, JDA has helped business in their “growth” state, businesses in their “mature and exit/succession” stages and business seeking methods on attracting and retaining key/valuable non-owner employees.
Unfortunately, too few business owners who are in their “growth” stage can measure their Operational Excellence in real dollars and access their gap between their FMV and potential enterprise value. Many business owners do not have a clear understanding of how their company measures up to the 18 operational drivers measured against all components. Also, unfortunately, too many business owners rely too heavily on the sale value of their company for their personal retirements.
Transition/exit planning takes time and starts from the perspective of the business owner. Knowing what you need and what you have is the basic starting point for all successful business transition plans. Not always is the highest multiple the best or desired outcome.
JDA is not a transactional seller or buyer of businesses. JDA’s role is that of designer, planner, coordinator who collaboratively works with you and your other key and important advisors (attorney(s) and CPA(s)) to help a business owner successfully exit their company(s). Do you know, to whom, how, for how much and when to hand the baton over? We can help!