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…
When it comes time to negotiate the terms of a business purchase, asking the right questions can help the deal progress more smoothly. You can always expect that there will be many negotiations between buyers and sellers. So, when issues…
Know How Much Your Business Is Worth? Successful business owners recognize their company’s worth. It most likely supports your family’s lifestyle. Your employees are paid and may be eligible for additional benefits. Your clients value what you have to offer.…
Sellers of businesses considering selling their companies or who receive an unsolicited offer even if their business is not actively for sale tend to “pretty up” the story about their business in the same way that homeowners do when selling…
Seven Questions to Consider Before Selling Your Business Many factors influence your decision to sell your company. Many soon-to-be retirees desire a change of scenery. If you choose to sell your business and think more and more about it, you…
The largest transfer of wealth in history is happening right now as baby boomers retire and sell their businesses. According to the 2016 BEI Exit Planning Survey, 69% of business owners plan to exit within the next five to ten years.…
Exit Plan Options Business owners are typically motivated by a desire to establish and operate their firms. Exiting is often furthest from their mind. However, a successful exit requires advance planning and a customized exit strategy to ensure a smooth…