Publisher's Synopsis
Exposes disastrous decisions of Main Street to Middle Market Business Owners and their Advisors that can stagnate cash flow; profits and reduces business valuation during Succession, Exit or Transition. Discover how to avoid management mistakes and escape debt commitments to release you from your business to financial freedom and success. The real life case studies in this book enable you to: -Expose 8 strategy weaknesses that could rob you of the lifestyle you desire -Identify 4 structural faults that can stop you getting what your business is really worth -Eliminate 6 errors that could lead to choosing the wrong successor -Diagnose 6 disastrous decisions that could drive your business value down -Foresee 3 potential failures that could lead your business to foreclosure -Reveal how to prevent being imprisoned by business debt commitments -Avoid 4 management mistakes that could lower your business profits -Safeguard the value of your business legacy -Position yourself for power and security at each phase of your business -Transform you business systems to maximise cash flow and profit. "A very timely book. A huge tsunami of business sales is about to happen... In this book, no stone is left unturned. For the business owner prepared to read this from cover to cover here is a sure guide on how to conduct your business exit strategy." -Anthony Jensen, Employee Share Ownership Committee Member "SET Your Business for Success is a great resource for business owners who are beginning to think about selling their businesses. Written by L. A. Riley, a seasoned expert in field of exit and succession planning, the book walks owners through a simple, straight forward process to help them exit their companies the right way. Presented in 21 short chapters and using 22 case studies, this should be read by all US business owners." - Richard Jackim, Co-Founder of the Exit Planning Institute. About the Author: L. A. Riley captured the insightful stories that form the foundation for this book from two decades of dedicated professional service to clients and their financial well being. The passion for exit planning was fuelled by specific dilemmas that ignited a determined focus in her to ensure the best possible succession outcome for any business owner that wants to maximise their cash flow and profit when they exit their business. As an acclaimed speaker and sought after educator of business owners and professionals alike, L. A. Riley's consulting firm, The Exit Experts, provides strategic and educational support for business owners who want to ensure the lifestyle they have worked so hard for when they exit their business, whether through planned or unplanned circumstances. L.A. Riley's career long focus on winning the best possible personal and financial results for her clients has earned L.A. Riley high acclaim from both clients and colleagues. This has lead to consultancy engagements some notable international companies that desired to leverage her knowledge and skills to develop their Advisors and assist their clients. Qualified with a Masters Degree in Business from USC, and C.E.P.A (Chicago) L.A. Riley combines academic expertise with real world experience to overcome issues facing business owners today.
