As most working people know, it’s never too early to plan for your retirement. However, when you own a business, the ideal time to begin planning is when you start the business. So, if you have already started a business without doing any planning for the future, the...

The process of selling a business is difficult and complex, but selling a franchise is en even more elaborate undertaking. Franchise owners are often bound by the terms of their franchise agreement which can add a lot of obstacles to the process. Luckily, many...

If you are thinking about selling a business you own, your primary focus will be to get the highest possible return on your investment. With this in mind, you should be careful and calculated in your preparation to list. Listing a business for sale before it is ready...

For most business owners, selling a business confidentially should be the only way to sell it. If you own a famous landmark or establishment, a public sale could definitely benefit you, but otherwise, it will almost certainly hurt you. A business can be affected...

Selling a business is a huge life-changing financial decision. Many business owners, when they commit to selling their company, hope that the process goes as quickly and smoothly as possible. However, the reality is that it can sometimes take a long time to sell a...

Deciding to sell a family business can be very difficult. The idea of passing ownership on to the next generation is comforting, knowing that the legacy of the company will continue for years to come. However, for some owners, keeping a business in the family is not...

Many business owners are under the false impression that whenever they need or want to, they could put their business up for sale and it would sell. In reality, most of them have no control over when their business will sell. The process of selling a...

When people hear the terms “Mergers & Acquisitions” they usually envision large corporations combining or changing hands. However, it also refers to sales and acquisitions by existing small business owners and budding entrepreneurs. Historically speaking, there...

Even if your business is not listed for sale, you may at some point be approached by someone who wants to buy it. Almost a third of all business owners get approached with an unsolicited offer to buy their company at some point. If someone proposed buying your...

While selling a business you own is not an easy task, selling it to a competitor is even more challenging. As a seller there are some additional obstacles you must be aware of if you are considering selling to a competing business.  Getting a business valuation...

Once you’ve agreed in principle with a potential buyer, you must begin the process of closing the sale of your business. At this point, you’ve settled upon a price and the major terms of the purchase agreement, but there are still several hurdles to clear before you...

Selling a business can be extremely rewarding. It’s a chance to cash in on years of hard work, and the profit earned from the sale could be the key to your future endeavors and financial goals. It can be quite an intimidating task however, with all of the small...

For the past 2 years, the market for selling businesses has been red hot. A record number of businesses changed hands in 2018, and sale prices reached historic highs. The 2019 market has picked up where 2018 left off, continuing a trend of increased buyer demand and...

Many people do not know there is such thing as a business broker, or believe they can handle selling their business on their own, so when it comes time to sell their company, they often sell for an amount much less than what the business is worth, or sell to a...

Most small business owners feel some sort of stress related to their company. Some of this is good stress, which helps you to accomplish tasks and run the business. However, usually when we think of stress, we think of negative stress. This kind of stress that can...

If you are a business owner who has ever considered selling, chances are you’ve asked yourself, “Is it the right time to sell my business?”. Just like real estate, the stock market or any other type of investment opportunity, timing the sale of a business can be...

When selling a business, careful consideration must be given to how the company’s employees are handled. Your employees bring a lot to the table in a potential business deal. The best ones may add value to the company, and could be integral in closing a deal, so it is...

Many people dream of starting their own business and being their own boss. Running your own business can open up a new financial opportunity and provide you with a sense of freedom and control over your own destiny. An excellent alternative to starting a business from...

The process of selling a business is extremely detailed and complex. While you can certainly do it alone, doing so without the proper experience can hurt your business and its value. It can also be very stressful dividing your time between selling and running your...

Getting your business ready for sale isn’t as simple as just putting it out there, publicly advertised for the world to see. While letting as many people as possible know about it might seem like the best way to expose your company to more buyers, it can actually harm...