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
This is not the Nutcracker sweet, as passed on by Tchaikovsky and Marius Petipa. No, this is the original Hoffmann tale of 1816, in which the froth of Christmas revelry occasionally parts to let the dark underside of childhood fantasies and fears peek through. The boundaries between dream and reality fade, just as Godfather Drosselmeier, the Nutcracker's creator, is seen as alternately sinister and jolly. And Italian artist Roberto Innocenti gives an errily realistic air to Marie's dreams, in richly detailed illustrations touched by a mysterious light. A beautiful version of this classic tale, which will captivate adults and children alike. (Nutcracker; $35.00; Oct. 28, 1996; 136 pp.; 0-15-100227-4)
Pub Date: Oct. 28, 1996
ISBN: 0-15-100227-4
Page Count: 136
Publisher: Harcourt
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Aug. 15, 1996
BOOK REVIEW
BOOK REVIEW
An extravaganza in Bemelmans' inimitable vein, but written almost dead pan, with sly, amusing, sometimes biting undertones, breaking through. For Bemelmans was "the man who came to cocktails". And his hostess was Lady Mendl (Elsie de Wolfe), arbiter of American decorating taste over a generation. Lady Mendl was an incredible person,- self-made in proper American tradition on the one hand, for she had been haunted by the poverty of her childhood, and the years of struggle up from its ugliness,- until she became synonymous with the exotic, exquisite, worshipper at beauty's whrine. Bemelmans draws a portrait in extremes, through apt descriptions, through hilarious anecdote, through surprisingly sympathetic and understanding bits of appreciation. The scene shifts from Hollywood to the home she loved the best in Versailles. One meets in passing a vast roster of famous figures of the international and artistic set. And always one feels Bemelmans, slightly offstage, observing, recording, commenting, illustrated.
Pub Date: Feb. 23, 1955
ISBN: 0670717797
Page Count: -
Publisher: Viking
Review Posted Online: Oct. 25, 2011
Kirkus Reviews Issue: Feb. 1, 1955
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