When Should You Think About Selling Your Small Business?
Businesses are placed on the market for a variety of reasons. Working with a merger and acquisition advisor even years before an owner is interested in selling is a wise move - to prepare the business for eventual sale.
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Maximize Your Time by Rating Buyer Seriousness
Not every prospective buyer is actually committed to buying a business. Use the "plus and minus" system outlined in this post to find a serious buyer for your business and save yourself time while doing so.
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Why Focus on Exit Planning?
Most business owners are focused in the present on building their business. You may be one of them. There is great value, however, in planning what you will do to sell your business – even before you officially launch...
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Questions to Ask Before Moving to Sell
The first step towards successfully selling a business is finding a qualified merger and acquisitions advisor to work with. Then, sellers should also ask themselves several important questions.
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What Types of Buyers Will You Meet?
Selling a business can be exciting and lucrative. But going through the sales process means embracing the notion that you’ll have to be prepared for whatever might be thrown your way. A key aspect of preparing to sell your...
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Why Do Business Sales Fall Through?
There are myriad reasons why the sale of a business doesn’t close successfully. These multiple causes can be broken down into four categories: those caused by the seller, those caused by the buyer, those that just happen (“acts of...
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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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Red Flag Warnings
When selling a business, several things can go wrong. A number of these issues come with advance warnings: “red flags.” If sellers keep their eyes open for these warnings, it is possible to avoid bigger problems further along in...
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A Short Story All Family-Owned Businesses Should Read
When it comes to selling a family-owned business there are no shortage of complicating factors, but one pops up quite often. This article contains a true story about a popular family business that was built from the ground up...
Read moreWhy Embrace Corporate Social Responsibility?
If you are unfamiliar with corporate social responsibility, you are certainly not alone, but you will be hearing a lot about it in the coming years. According to Global Affairs Canada, “Corporate Social Responsibility (CSR) is defined as the...
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