News, Updates, & Resources
When Should You Consider Selling Your Business?
As a business owner, you may find yourself at a crossroads at some point in your career. You may be wondering if it’s time to sell your business and move on to something else. It’s an important decision that requires careful consideration. Here are some things to...
The Value of Organization and Time Management
How often do you find yourself looking for that important – yet somehow misplaced – piece of paper? Do you promise yourself that you're going to become better organized, but find the days, weeks and months slipping by with too much work to do and not enough time to...
WHY YOU NEED A VALUATION
The buzz is that if you are a Baby Boomer and you want to sell your business in the next few years, then you are in the majority. You are not the only Baby Boomer and will possibly have your business compete against many more similar businesses in both model and...
Hire A Business Broker When Selling A Business
Selling a business is a complicated and an intricate procedure. However, business brokers play a fundamental role in getting along the process to make it a successful deal. There are several factors and cautions involved that should to be considered before stepping...
Think Like a Buyer When Selling Your Business
When you're hoping to sell your business there are a number of things to be concerned about. There are a few ways you can get a step-up on your buyer and anticipate their moves before they have thought them up themselves. If you want to swim with the piranhas you're...
SELL NOW OR WAIT?
The growth or lack of growth in the economy is a current debate. So, if you are one of the Baby Boomers who weathered the 2008 economic crisis and still in business, let's consider your situation. You are labeled a "Baby Boomer" because you are now between the mid...
Business Plan Basics
Ho-hum, you may be thinking. Or, boring. Maybe even, when can I possibly fit this into my hectic week? As an entrepreneur, you are an extremely busy individual who probably shoots from the hip more often than not. So, do you really need to take the time and effort to...
When is the best time to sell a business? – Timing is Everything!
The biggest financial transaction in a private business owner's life is likely the sale of his or her business. Although many transfers are predetermined, others result from unplanned events, which is why it is essential for business owners to have an exit strategy....
The Importance of Intangible Assets When Selling a Business – Business For Sale
You've spent a lifetime building up your business. Whether you have always planned to move on or are selling your business due to the continuing pressures exerted by the many recent economic downturns, you will be looking to achieve the greatest profit attainable for...
How To Get Your Business Ready To Sell
Here are some of the obvious, and not so obvious, steps you can take as you get ready to sell your business: Clean the premises Organize the books and records Deal with any customer/vendor/employee issues prior to the sale Try to increase revenues without sacrificing...