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Which Exit Plan Option is Right for You?

As a business owner, you’ve worked hard to build your company. But at some point, you’ll want to exit the business, whether it’s to retire, pursue new opportunities, or simply take a break. That’s where an exit plan comes in.…

Inventory turns critical to selling a business

Inventory turns, also known as inventory turnover or stock turnover, are a critical financial metric that measures how quickly a business sells its inventory within a given period. It is calculated by dividing the cost of goods sold (COGS) by…

Maximizing Your Business Sale: Broker vs. Agent

Selling a business is a significant endeavor that requires careful planning and expert guidance. When navigating the complexities of this process, many entrepreneurs find themselves torn between seeking assistance from either a business broker or a real estate agent. While…

A Look into Business Transition Planning

No matter what industry you might be involved in, it’s almost impossible to avoid the news about the supply chain in recent years. For those involved in transportation and logistics, issues involved with everything from staff and equipment shortages to…