For most business owners selling their business will be the single largest financial transaction of their lifetime and one that will fund the next steps in life. Once the big decision to sell has been made there are many more decisions to be dealt with throughout the sales process. Many...
Selling a business is a big decision and owners experience a wide range of emotions just arriving at the decision to sell. There are lots of big and small decisions along the way and since most business owners only sell one business in a lifetime – they simply don’t know...
A business that can thrive without the owner at the center of all its operations is more valuable because processes can run smoothly with or without you. The truth is buyers aren’t interested in purchasing a job, they are interested in businesses that aren’t dependent on any one person. It...
If your business is reliant on you for the day-to-day operations, prepare to get less money when you go to sell it. Do a quick self-check; how often do you say phrases like: I just can’t get away My employees can’t make a decision without me My customers only want...
How do I get ready to sell my business? We get asked this question a lot! Here are our Top 3 suggestions for being proactive in preparing your business for sale. Don’t wait too late to select your Deal Team Your Deal Team is comprised of four professionals, and their...
It’s inevitable – you and your business will eventually separate. Most business owners want to leave at the height of success and reap the rewards of the hard work and long hours they’ve put into their business, yet most don’t know what their business would sell for today. Business owners...
For most business owners, selling their business is the single largest transaction of their lifetime, yet many do little to prepare for it. A great place to start is to put on what we call your “Buyer’s Glasses” to scrutinize your business as if you were going to purchase it....
On October 2, 1959, the classic science fiction TV show ‘The Twilight Zone’ debuted. Rod Serling introduced 150 episodes and began the first with: “There is a fifth dimension beyond that which is known to man. It is a dimension as vast as space and as timeless as infinity. It...
If you’re like most business owners, you yearn to have a business that provides you more freedom: freedom to decide how you spend your time freedom to choose who you want to work with freedom to avoid people who drain your energy freedom to make more money However, this desire...
How much did your home increase in value last year? Certainly, it varies depending on where you live, however the median price for an existing home was up 17% in the last year. How much did your stock portfolio increase over the last 12 months? By way of a benchmark,...
