What Sellers Don’t Expect When Selling Their Companies
In a “perfect world,” business owners would plan three to five years ahead to sell their companies. But, as one industry expert has suggested, business owners very seldom plan to sell; rather, selling is “event driven.”
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Transferring Your Business to a Family Member: 5 Key Factors
You put a great deal of yourself into your business. Inevitably, the day will come when you have no choice but to walk away and begin a new chapter of your life. In these eventualities, businesses are often transferred...
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Maintaining Confidentiality Throughout the Sale Process
There are two key ingredients when it comes to selling a business: professionalism and confidentiality. If either of these two ingredients are lacking, then you’ll probably run into problems. Sadly, many sellers see their deals fall apart due to...
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Selling for Retirement: 4 Tips for a Smooth Transition
No one works forever. Regardless of how much you love your business, sooner or later you will have to step away. Owning a business can be demanding. This can be doubly true for owner-operators of businesses. At some point, you’ll have to...
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Selling Your Company: Is it Time?
Like many things in life, timing can be everything when it comes to selling your company. Every day more and more baby-boomers are now reaching retirement age. Soon, the market will likely be flooded with companies seeking to sell.
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Ready to Take Control & Become a Business Owner? 3 Questions to Ask Yourself.
Many people know owning a business isn’t for them. But for others, the appeal and lure of owning their own business and gaining a greater measure of control over their future can be powerful. If you are uncertain as...
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5 Things the Serious Buyer Wants to Know
Are you looking for a way to perfect your presentation? Understanding what a serious buyer wants will help you prepare your business for sale. By considering five relevant areas in which a potential buyer will have questions, this post will...
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If You’re Selling, Prepare for the Unexpected!
Many experts agree that the best time to prepare to sell your business is when you start your business. However, few business owners reach that level of preparedness. Usually, the preparation that goes into selling a business is event-driven. Factors such as...
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