Is it The Right Time to Sell My Business? You might have heard about the expected surge of businesses going on the market as retiring baby boomers seek to sell. Does that mean that now is the optimal time for…
Facing Your Mortality with Proper Exit Planning An estate plan or buy-sell agreement is no substitute for an exit plan if you have to unexpectedly sell your business. Exit planning covers a wide variety of factors and ensures a smooth…
Structuring the Terms for Selling Your Business If you are planning to sell your business, it’s important to understand the kinds of deal options that can be structured to close and the corresponding tax implications. We recommend that you do…
How To Sell Your Business for Maximum Profit Even if you have just started a business or are currently enjoying maximum profitability, the day will come when you will want to sell your business. Without a good exit strategy in…
Acquisition as an Exit Strategy: Advantages and Disadvantages All small business owners should have a long-term exit strategy that is flexible as the business grows and changes. Of course, a popular option is to plan to sell your business. However,…
The Importance of Finding the Optimal Buyers The lower middle market world has changed a great deal since the 1970’s or early 80’s. Once this market consisted primarily of family-run businesses who operated in a more casual selling environment. However,…
The Three Step Process to Determine Your Exit Strategy When you become a business owner, you should be sure have an exit strategy from day one. While planning your exit might seem counter-intuitive when you are just starting your business,…
Emotionally Preparing Yourself to Sell Your Business If you have built up your company with your blood, sweat, and tears, be sure to prepare yourself for the emotional fall-out that can come with selling. Some owners may not admit it…
Why Your Company Needs A Yearly Physical Most people get an annual physical exam at their doctor’s office just to make sure the body is in good shape. Further, most business owners thoroughly examine their investments at least once a…
How Do You Know What Your Business Is Really Worth? Most business owners have no idea what their business is really worth. The truth is that when it comes to knowing the true value of their business, there are complexities…
Best Practices in Working with Your Legal Counsel The process of buying or selling a business requires experienced legal advice. Your attorney should understand your primary expectations right up front – for successful completion of your deal. Many a business…
So, you’re ready to own a business. Of course, your first and foremost determination should be in regards to what kind of business you’d like to run. Once you have made that decision, the next question to ask yourself is…