Ellen McIlhenny - “The Smart and Savvy Exit – Season Four Overview”
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Happy New Year to everyone. We survived 2020 and have great hope for 2021 as evidenced by the following article.
From Cision – PR Wire – “A new sentiment survey of small and medium-sized business owners describes their outlook for 2021 as optimistic despite the significant impact of COVID-19 on business performance throughout 2020. The report authored by GGV Capital and Hello Alice, also suggests that business owners expect an uptick in hiring, technology purchases, and overall growth.
There are 30 million SMBs in the U.S., employing 60 percent of Americans and representing 40 percent of U.S. GDP. According to the data, 64 percent of 4,100 SMB owners surveyed said their business performance was worse in 2020 than in 2019, and 45 percent were forced to lay off employees. Also, businesses owned by women, people of color, and U.S. veterans have been impacted disproportionately by the pandemic and other challenges of 2020.
In contrast, the sentiment for 2021 reflects the resilience of small business owners to find new ways to reach customers, leverage technology to accelerate growth, and adapt operations to survive and thrive, resulting in significant optimism for next year.
Showing great resiliency and optimism after a year of getting absolutely hammered in 2020. That’s why small business owners are my heroes. This pandemic left our community weaker and greatly benefited the big guys, yet it will be our resurgence that will save our economy.
Show Objectives - The Why
This Show will give you an overview of the season ahead. This season will consist of both live interviews and tips on building value.
Key Issues - Owner Perspective:
Building value and preparing for an exit will be a major focus for season four.
What You Need to Know - The What
There will be several interviews with experts in different areas
What You Need to Do - The How
We will talk about techniques to build value for exit
Find My Podcast at https://studio.podcast.co/ibgr/future-financial-confidence-with-ellen-mcilhenny/episodes
Written by Ellen McIlhenny
Owner of CFO Plus Services, a Fractional CFO services firm which also offers Back Office Bookkeeping Services. Author of the business novel The Big Turnaround; How Bad Management Nearly Destroyed an Exceptional Company.
You can connect with Ellen on any of her #cfoplusservices platforms
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