The Ottawa Business Journal wrote an article this week about Jeffrey Dale and his Chairman Advisor role with us and our Chairman’s View service offering.  Click here to read about our other Chairman Advisors.

To recap

The goal of Chairman’s View is to get business owners to:

• View their companies as an asset
• Think like owners (vs. CEOs)
• Build their businesses to last decades, but be prepared to sell tomorrow

Why?

M&A companies state that 75% of the 4.2 million private businesses in North America have no economic value. 70% of those businesses need to transition in the next 5-20 years as they are owned by the baby boomers and WW2 generation. Within a short span the market will be diluted with companies that are transitioning, and the question will be how much will a buyer be willing to pay for your company. Only those companies that can demonstrate that their profit is sustainable and transferable without their current owners in charge will be successful.

You can read the article (“The value-killers of businesses on the auction block”) online on page four at: http://obj.newspaperdirect.com/epaper/viewer.aspx