Xtra Mile Resources

Many successors have been watching the company evolve alongside themselves since they were young children. But if absorbing all that context made them ready to take over in adulthood and accept the heavy burdens of ownership, far fewer family businesses would be shutting down every year. -McKinsey Institute for Economic Mobility For most founders, the business IS their actual financial plan. And that reality puts massive pressure on the founder-successor relationship. If you

Selling a business is Easy. Hard is letting the company's leaders buy you out. Hard is passing this legacy to your family. We're seeing the growing popularity of Private Equity Buyouts and EBITDA multiples in headlines across the SMB world. But what if cashing out isn’t the legacy you dream about? Maybe you want to create a life-changing opportunity for the people who helped build your business. Or maybe your deepest desire is to pass it onto your children, who have grown alo