Author Archives: Thomas Cremona

5D’s of exit planning

Exiting your business will happen, whether it is planned or unplanned 🙃 Learn how to prepare for the 5 Ds of exit planning on 3 July 2024 at 9am with the short course I’m delivering together with KCPD Academy. Sign-up here —> https://docs.google.com/forms/d/e/1FAIpQLSf1bQnkNVhrLVeuiRQ7CXox04AfxTUAddVZ9BPEWh9RoqnQQg/viewform -> Qualifies for 3 hours Core CPE (EUR35)🧠

How to prepare your business for a sale?

You may know your business inside out, but how to properly present the business in a manner that a buyer readily wants to invest time to acquire it? You’ll have the answer to that question on 3 July 2024 at 9am when I’ll be speaking at the KCPD Academy online event. Sign-up here —> https://docs.google.com/forms/d/e/1FAIpQLSf1bQnkNVhrLVeuiRQ7CXox04AfxTUAddVZ9BPEWh9RoqnQQg/viewform->Continue reading “How to prepare your business for a sale?”

When’s best to exit?

Extract from ‘Letting go is hard to do’: The results show that the mental difficulty of letting go is expected to be more severe if the anticipated exit time is in the more distant future. A plausible explanation is that the respondents planning exit in the near future have already addressed the issues of givingContinue reading “When’s best to exit?”

Family succession and the mental stress it causes

Whilst Malta continues to emphasise the need for family business succession planning, oftentimes it may not be the best option… An extract from “Letting go is hard to do”:The results show that family succession as the exit strategy is associated with greater mental difficulty. A possible explanation for the unexpected result is that:—-> incumbent entrepreneursContinue reading “Family succession and the mental stress it causes”