Choosing to sell your business is a significant decision, and by putting years of work into another person’s hands, there are quite a few details to account for. Fortunately, there is a market to sell businesses. At any given time, there are an average of 15 prospective buyers for every 1 business on the market. […]
There are an estimated 28 million small businesses in the U.S., and at any given time one of those businesses could be sold. But it takes more than a moderately successful business model to catch the eye of an ideal buyer. Whether you’re gearing up for retirement or you’re simply ready to let your business […]
The top three challenges of running a business, according to a report by the National Association of Small Businesses, are as follows: the cost of health insurance benefits, a decline in customer spending, and economic uncertainty. In the age of a fluctuating economy, it’s particularly a sense of economic uncertainty that can lead to the […]
Selling your business can be a stressful experience, especially when you’ve spent a lifetime building it. There is a myriad of concerns, best practices, and other issues that need to be addressed when selling even the smallest business. Often times, business owners can be overwhelmed with all that is involved around selling their business, which […]
When you’re looking to buy or sell a business in Florida, current and long-term liabilities are two crucial factors you need to look at. But before you can look at them in a way that will benefit your financial planning efforts, you need to understand what they are and how each of them differs. Here’s […]
Selling your business is a once-in-a-lifetime event. Your grand opportunity to walk away and take care of what’s next on your list has finally arrived. However, in order to make this goal a reality, you must take the appropriate measures to avoid the pitfalls that will show up along the way. The pitfall that will present the greatest risk […]
In this series of articles, we are reviewing the top mistakes business owners must rectify before they consider selling their business. (Missed any of the previous parts? No worries, you can catch up on the series right here: Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7, Part 8, Part 9, Part 10, Part 11, Part 12, and […]
When you’ve put years of time, effort, and money into a business, the decision to sell can be a difficult one. Envisioning a life without your business can be a daunting endeavor, but it’s important to consider opportunity cost in these situations. Keep reading to find out just how big of a role opportunity cost […]
In this series of articles, we are going over the top mistakes business owners have to rectify before they consider selling their business. (Missed any of the other parts? No worries, you can catch up right here: Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7, Part 8, Part 9, Part 10, Part 11, and Part […]
In this series of articles, we are going over the top mistakes business owners make when they decide to sell their business. (Missed any of the other parts? No worries, you can catch up right here: Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7, Part 8, Part 9, Part 10, and Part 11) Selling […]