Publisher's Synopsis
Did you know that most financial advisors - in fact over 80% - have no written succession or continuity plan? It's wild, but true, and The Zen of Business Acquisitions is the answer to a growing concern for more financial preparedness. As the financial advisors of the Baby Boomer generation edge closer to their own retirement, there has been an unprecedented wave of sales, mergers, and acquisitions. This increased surge in activity has created a great deal of valuable insight into the rules for success inside this industry but it has also muddied the waters. In this book you will find an informative and entertaining take on what's worth emulating. You will learn about some of the most pressing issues facing the M&A industry today, all liberally sprinkled with wisdom gleaned through 35 years of martial arts training, including: * Trends inside today's M&A industry* How to start a succession plan* How to get a competent valuation of your business* Insights as to what the largest, most successful firms are doing right now, and what's worth emulatingIn The Zen of Business Acquisitions, you will read about some of the fatal misconceptions floating around the M&A industry today, as well as some of the classic mistakes that first time buyers and sellers make so you can avoid them. You will also come to understand the importance of playing the long game, and why planning years in advance, is the ONLY way to win in this competitive environment. This book is a tool to help you build a 5 to 10-year game plan to prepare your company for a sale or merger, putting you light years ahead of your competition.
