A thoughtful, informative guide to selling a business; reminds readers to weigh both the emotional and financial impacts.
Three financial advisers discuss the opportunities and challenges that arise when selling a business.
In this debut business book, colleagues Rowe, Fitts, and Weeks guide readers through the process of selling a privately owned business and transitioning to the next phase of life. The guide asks readers to make the process a multiyear one, beginning to evaluate options and set expectations five or more years before the target sale date. While the book addresses the practical aspects of selling a business—communicating with employees, building a transition team, managing cash flow—much of it covers the emotional and psychological questions prospective sellers should consider: How will family members respond? Are you selling in order to retire or to pursue new interests? How do you stay happy and engaged when the business no longer demands your energy and attention? Excerpts from interviews with financial and legal professionals, as well as stories from the authors’ practice, illustrate the concepts presented here. The authors also discuss broader questions of intergenerational wealth transfers, and they urge readers to discuss financial realities and expectations with children and other family members who are likely to benefit from the sale. (This section is addressed primarily to readers with considerable wealth; the families used as examples are distributing millions of dollars to their children.) Each chapter concludes with a series of questions to guide the reader’s decision-making process. The guide is concise but informative, with useful recommendations and suggestions for further exploration, and the writing is unflashy and easily comprehensible. Readers are left with a significant number of actionable takeaways—in particular that selling a business is a long process involving self-knowledge and collaboration with many stakeholders and should be approached thoughtfully. Even readers whose businesses will not provide multimillion-dollar inheritances will find the book’s framework a useful tool for approaching transition planning for a business of any size.
A thoughtful, informative guide to selling a business; reminds readers to weigh both the emotional and financial impacts.Pub Date: May 2, 2019
ISBN: 978-1-5445-0214-4
Page Count: 182
Publisher: Lioncrest Publishing
Review Posted Online: June 4, 2019
Kirkus Reviews Issue: July 15, 2019
Review Program: Kirkus Indie
An autobiography as toxic and addictive as any drug its author has ever ingested.
The legendary booze-addled metal rocker turned reality-TV star comes clean in his tell-all autobiography.
Although brought up in the bleak British factory town of Aston, John “Ozzy” Osbourne’s tragicomic rags-to-riches tale is somehow quintessentially American. It’s an epic dream/nightmare that takes him from Winson Green prison in 1966 to a presidential dinner with George W. Bush in 2004. Tracing his adult life from petty thief and slaughterhouse worker to rock star, Osbourne’s first-person slang-and-expletive-driven style comes off like he’s casually relating his story while knocking back pints at the pub. “What you read here,” he writes, “is what dribbled out of the jelly I call my brain when I asked it for my life story.” During the late 1960s his transformation from inept shoplifter to notorious Black Sabbath frontman was unlikely enough. In fact, the band got its first paying gigs by waiting outside concert venues hoping the regularly scheduled act wouldn’t show. After a few years, Osbourne and his bandmates were touring America and becoming millionaires from their riff-heavy doom music. As expected, with success came personal excess and inevitable alienation from the other members of the group. But as a solo performer, Osbourne’s predilection for guns, drink, drugs, near-death experiences, cruelty to animals and relieving himself in public soon became the stuff of legend. His most infamous exploits—biting the head off a bat and accidentally urinating on the Alamo—are addressed, but they seem tame compared to other dark moments of his checkered past: nearly killing his wife Sharon during an alcohol-induced blackout, waking up after a bender in the middle of a busy highway, burning down his backyard, etc. Osbourne is confessional to a fault, jeopardizing his demonic-rocker reputation with glib remarks about his love for Paul McCartney and Robin Williams. The most distinguishing feature of the book is the staggering chapter-by-chapter accumulation of drunken mishaps, bodily dysfunctions and drug-induced mayhem over a 40-plus-year career—a résumé of anti-social atrocities comparable to any of rock ’n’ roll’s most reckless outlaws.
An autobiography as toxic and addictive as any drug its author has ever ingested.Pub Date: Jan. 25, 2010
ISBN: 978-0-446-56989-7
Page Count: 320
Publisher: Grand Central Publishing
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Dec. 1, 2009
IN THE NEWS
Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis...
Privately published by Strunk of Cornell in 1918 and revised by his student E. B. White in 1959, that "little book" is back again with more White updatings.
Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis (whoops — "A bankrupt expression") a unique guide (which means "without like or equal").Pub Date: May 15, 1972
ISBN: 0205632645
Page Count: 105
Publisher: Macmillan
Review Posted Online: Oct. 28, 2011
Kirkus Reviews Issue: May 1, 1972
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