Selling Your Business: The Transition from Entrepreneur to Investor

By Louis P. Crosier

Book Overview

Twenty-three top advisors from leading firms show entrepreneurs how to transition their business
The Entrepreneur's Transition provides an all-in-one handbook for entrepreneurs and corporate insiders seeking advice on their personal financial planning prior to selling or taking a business public. It provides a concise, easy-to-read blueprint that can help business leaders navigate before and after a transaction-so they are well positioned and can avoid costly mistakes. The Entrepreneur's Transition is organized chronologically beginning with the issues a business owner should be concerned with prior to a transaction. It then moves, step by step, through the transaction process and into post transaction diversification, reinvestment, and philanthropy.
Louis Crosier (Boston, MA) is a principal at Windward Investment Management and serves as a member of Windward's Investment Committee. His responsibilities include managing client portfolios and overseeing the firm's investment consulting practice.

• Format: Hardcover
• Language: English
• ISBN: 047148623X
• ISBN13: 9780471486237
• Release Date: June 2004
• Publisher: Wiley & Sons, Incorporated, John
• Length: 352 Pages
• Weight: 1.25 lbs.
• Dimensions: 1.2" x 6.1" x 9.3"

Customer Reviews

Insightful!

Compiled by Louis Crosier and written by a group of investment and other financial advisors, each of whom contributed a chapter, this book thoroughly addresses every important question involved in the sale of a business, except the matter of finding a buyer. It focuses on financial planning, so the information on insurance, taxes, negotiations, deal structuring and the like is comprehensive and detailed. One of the more interesting chapters, however, addresses the emotional consequences of a windfall of cash. It turns out that the ancient sages were right: money doesn't solve problems; it just substitutes new problems for old ones. We recommend this book to those who are considering selling their businesses. For readers who may have to embark on the problem-plagued life of a wealthy ex-entrepreneur, this book is a useful (although a rather dry) guide.