Ownership Transition – What the Survey Reveals
“The survey says…!” Find out what important insights one business owner survey yielded regarding the number of businesses that will be undergoing ownership transition in the near future and how prepared their owners are to sell.
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Should You Sell Your Company…NOW?
Is it time to sell your company? Consider economic realities, your feelings about being in business, and the importance of preparedness to help you decide.
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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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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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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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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 morePlaying to Win When Selling Your Business: 7 Tips
If you are an independent business owner, you will most likely also become an independent business seller somewhere down the road. Fewer businesses are being passed on to future generations today, so selling has become a fact of independent...
Read moreWhy Does An Owner Become A Seller?
When a business owner has worked hard to establish or grow a business—often from the ground up—why would he or she choose to sell? After investing innumerable hours, energy, ingenuity, and effort to make one’s business known and successful,...
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4 Factors Affecting Ownership Transition
If you own a business, ownership transition should be a key part of your planning. A few years ago, MassMutual Life Insurance Company conducted a thought-provoking survey of family-owned businesses. Obviously, family-owned businesses have their own unique needs and...
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