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Thoughts on Due Diligence |
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Due diligence is a critical process with a purpose. The extent of the process varies depending on the type of company being acquired and the entity that is doing the due diligence. The purposes of due diligence are always to prove assumptions, confirm information received or perceived, and gather more information, all to determine if you're getting what you think you're getting.
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Are You Guilty of the 60/6 Imbalance? |
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At a recent exit-planning seminar, the presenter spoke about a truism that really caught my attention. What he was referring to was that the average business owner spends 60 hours planning for the start-up of a business but fewer than six hours planning for his/her one-time, life-changing exit from the business! To put that in perspective, most business owners put in as much time planning for the eventual transition or sale of their business as they do in one round of golf!
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Service Sector Activity, Retail Sales Disappoint |
Service sector shrinks and retail sales drop unexpectedly, ominous signs for recovery, jobs
NEW YORK (AP) -- Further evidence that the economic recovery will be a slow and bumpy one emerged Thursday with reports that service sector activity and retail sales unexpectedly shrank in November as consumers held back on purchases.
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Certified Exit Planning Advisors (CEPA) and Acquisition Specialists
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| Jack Lyons |
William Quish |
| President |
Senior Managing Director |
| Lyons Solutions, LLC |
Lyons Solutions, LLC |
| 4 Saint Mary's Lane |
9 Shaw Drive |
| Norwalk, CT 06851 |
Simsbury, CT 06070 |
| (203) 642-4141 |
(860) 658-1845 |
| jlyons@lyonssolutions.com |
bquish@lyonssolutions.com | |
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Jack Lyons and Bill Quish are part of an exclusive group of business advisors worldwide who have received the Certified Exit Planning Advisor designation. They are uniquely positioned to guide you through an Exit Planning process that is designed to accomplish your personal, business, financial, charitable giving, legacy and retirement goals. A customized Exit Plan can provide a significant return on investment when you sell your business.
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| About This Newsletter |
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Exit Planning & Business Improvement
Lyons Solutions is pleased to bring you this monthly newsletter devoted to topics related to the important fields of Exit Planning and Business Improvement. This and future issues will contain information and articles written by Lyons Solutions, other Certified Exit Planning Advisors and respected Business Consultants. Please feel free to forward the Newsletter to your clients and associates.
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