Health & Fitness
Corridor Business Journal Profiles Aspen Grove Investments
It is critical that business owners begin to plan for ownership transition early. Only those that are prepared are likely to be able to transition on their terms. Without a plan, it is just a dream.
I was recently interviewed by Corridor Business Journal for a feature on Aspen Grove Investment. We discussed topics including what differentiates Aspen Grove, economic conditions and effects on business owners, and future plans and I wanted to share with the Patch community. I hope you'll check out the full Q&A here and below, an introductory excerpt from the article, published April 8:
Maurie Cashman, owner of Aspen Grove Investments in Cedar Rapids, has been on both sides of business brokering during his 30 years in business. The recession, as well as tightened regulations, have put a strain on business, but steps can be taken to ensure a smooth succession in ownership, he said. In an email interview, Mr. Cashman, a Certified Exit Planning Advisor, shared information about his company and industry. For example, he encourages business owners planning to transfer ownership to start the process early and have a set strategy in place.