Wendy Lydon Receives Licensed Professional Business Coach Designation

Wendy Lydon, LPBC

Wendy Lydon, LPBC

Pittsburgh Area Woman Receives Licensed Professional Business Coach Designation

Wendy Lydon, LPBC Wexford, PA – January 6, 2011 -- Local business woman and business coach Wendy Lydon, LPBC, has completed advanced business coaching training with the Professional Business Coaches Alliance (PBCA), Canton, OH (www.pbca.com). She is vice president of ThistleSea Business Development, LLC, (www.thistlesea.com) a Pittsburgh, PA area business coaching firm where she has been assisting the firm’s clients since 2009.

The Licensed Professional Business Coaching designation requires over 50 hours of intensive classroom training covering all aspects of coaching and mentoring successful business owners in addition to nearly 100 hours of continuing education annually.

The PBCA is an alliance of the most highly trained professional business coaches across North America. Its members have helped hundreds of business owners to become more successful.

Ms. Lydon is no stranger to business. She has formal education and degrees in Business Management and Information Systems. Ms. Lydon has over twenty years of extensive background and expertise in business development, sales leadership and customer care in healthcare, group purchasing, association management, retail and distribution. She is a member of the Women’s Business Network and Pittsburgh Professional Women organizations.

“Joining forces with a group of successful and committed business coaches gives my clients not only the insights of my solid career experience, but also the expertise and talents of over 100 Licensed Professional Business Coaches across North America,” said Ms. Lydon. “In addition, I now have a range of tools and best business practices my clients can use to really enhance their business performance to move to the next level much more quickly.”

John D. Laslavic, LPBC , president of ThistleSea Business Development, commented, “We are extremely pleased to add the talents of Ms. Lydon to our ThistleSea Business Development team of licensed professional business coaches. She has a tremendous business background and the skills to help business owners reach their professional and business goals.”

Ms. Lydon’s offices are located at 7500 Brooktree Road in Wexford. She offers both one-on-one coaching and group coaching for business owners and a variety of training and business assessments. She and her family reside in Cranberry Township, PA.

About ThistleSea Business Development, LLC.

Established in 2006, ThistleSea Business Development, LLC is a business coaching, strategy development and training company based in the Pittsburgh area. It is the only service organization in the area comprised of a team of three Licensed Professional Business Coaches and also a certified Guerrilla Marketing Firm. ThistleSea Business Development also includes the divisions of CNICUS Buying Group, providing services that help businesses increase revenue, reduce expenses and improve their performance and Ketchfire, which focuses on the design and implementation of internet, web development and social media tools and strategies.

“Because your business should lead to Abundance.”

For additional contact information:

Wendy O. Lydon, LPBC, Vice President ThistleSea Business Development Phone: (724) 935-1930 Cell: (724) 316-7027 Email: wendyo@thistlesea.com Business Development Office 7500 Brooktree Rd., Suite 117 Wexford, PA 15090 Phone: 724.935.1930 Fax: 925.848.3266 thistlesea.com

PRESS RELEASE FOR IMMEDIATE RELEASE CONTACT: John D. Laslavic, LPBC, President ThistleSea Business Development, LLC Phone: (724) 935-1930 Cell: (412) 559-3503 Email: jdl@thistlesea.com Web Site: thistlesea.com

Selling Your Business

Exit Planning – Cost of Doing Nothing!

By:  Tony McDaniel, CPA, CBI, BSN is the president of Allied Business Consultants

Most businesses simply do not sell.  And for those business owners who successfully sell their company, to either an external third party buyer or internally to family members or key employees, most do so without proper exit planning.   Under either exit scenario, the cost to the owner is often significant when compared to the benefits of implementing a successful exit strategy.

Without an exit strategy, the owner typically sells for too little…..by as much as 30% to 40% according to some industry statistics.   Additionally, when selling the business internally to family members or key employees, the cash component to the owner at closing is substantially lower than when selling to a third party buyer.

Real costs to business owners who do not properly plan for the exit of their business include the following:

  • Sale Price is often lower…..by as much as 30% to 40%
  • Cash at closing to the owner is often substantially less
  • Likelihood of actually selling is significantly reduced.  Industry statistics show that only 10% to 30% of businesses on the market at any point in time actually sell.
  • Pay more in income and estate taxes
  • Owner does not control the exit process….the buyer does
  • Personal and financial goals are not achieved
  • Becomes a burden to the family if the owner dies
  • Privacy and confidentiality can be difficult to maintain

The key to avoid or minimize the above costs is to be pro-active.  Do not be a statistic.  It is estimated that up to 70% of all privately held companies will transfer ownership over the next 5 – 10 years.  If you are a business owner, then your business will probably fall into this statistic.  If so, now is the time to take action!

Our business enhancement services are a key component to successful exit plans.  Our experts are skilled in providing guidance on increasing your annual revenues and minimizing your annual expenses.  The end result is an improved annual bottom line profit by as much as 100% - 200% and in turn, a substantially higher sale price for your company.

As a business owner, not only will you benefit, but your family will also benefit from your pro-active actions.  You will also greatly diminish the likelihood of being a statistic of forfeiting substantial money when you exit your business.  Please call us today to discuss your unique and individual objectives.

About the author: Tony McDaniel, CPA, CBI, BSN is the president of Allied Business Consultants serving Pittsburgh and surrounding areas.   Tony is a Business Sales Expert focusing on assisting owners of small to medium sized privately owned companies exit their business.   In addition to his 18 years of mergers and acquisitions experience, Tony previously practiced public accounting for 10 years, including prior employment with Ernst & Whinney, a Big 8 public accounting firm.  Tony can be reached at 412-377-0500 or tmcdaniel@ABCbizsales.com.   All discussions are kept strictly confidential.

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