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Business Brokers: Mistakes to Avoid
Business Brokers: Mistakes to Avoid Like any other industry, ours presents many opportunities to make mistakes. The results of such missteps by a business broker can range from mild embarrassment to ruinous lawsuits. Business brokers
Selling a Business? 5 Basic Requirements
Selling a Business: 5 Basic Requirements Selling a business? If you’re a business owner, even if you’re not selling now, you will eventually. I’ve written previously about the Silver Tsunami, a term coined about 10
Coronavirus Upside?
Coronavirus Upside? A Coronavirus upside? Could there really be one? It’s a little early to tell but anecdotal evidence is starting to appear that there may be. As with most industries, ours saw a sudden
Business Owners: Selling to Employees
Selling to Employees Selling to employees? If you’re a business owner, selling to employees is an excellent way to exit your business, particularly if your objectives when selling include preserving your legacy. And if you’re
Business Brokers: What Sellers Look For
Business Brokers: What Sellers Look For Business brokers need a reputation for credibility – though whether you’re a business broker, a business owner/seller or a business buyer, I doubt I’m telling you anything you don’t
Business Sellers: Know Your Buyer
Business Owners: Know Your Buyer! Business owners! Do you know your buyer? Most business owners who read this are probably not thinking of selling their business – at least at the moment. But the time
Business Brokers and Lawyers
“The first thing we do, let’s kill all the lawyers” Line from William Shakespeare’s play Henry VI, Part 2, Act IV, Scene 2. Business Brokers and Lawyers Well, that may be a little extreme but
A Political Rant
A Political Rant This is a political rant. That’s right. It’s unlikely to benefit any business broker or any business owner thinking of selling – or even anyone considering buying a business. It is purely
Financing a Management Buyout
Financing a Management Buyout Business owners wishing to sell are finding that the buyer pool, though generally robust, is on the sidelines for the moment – especially now in this time of Covid-19. Buyers want
How to Prepare for a Business Valuation
How to Prepare for a Business Valuation A business valuation is essential to properly gauge what a business is worth and a business valuation is critical if the owners of the business are considering selling.