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Selling a Business: Confidentiality 16 May 2022: Selling a Business: Confidentiality Confidentiality. Why is it so important when selling a business? We get this question all the time. When it comes from business owners that become clients, they fully understand our answer – and the damage that ignoring confidentiality can
Selling a Business? Better Get It Ready 09 May 2022: Selling a Business? Better Get It Ready Selling a business takes preparation. I’ve written about various aspects of this before but certain things need repeating. And this is one of them. Selling a business needs a plan and getting your
Valuing a Business: 5 Mistakes Owners Make 02 May 2022: Valuing a Business: 5 Mistakes Owners Make Valuing a business, as anyone who’s been following the blog should know, is one of the first – and certainly most important – steps in the process of selling a business. I mean,
Selling a “Solopreneur” Business 25 April 2022: Selling a “Solopreneur” Business Selling a “solopreneur” business is fraught with pitfalls – or so most people seem to think. Owners of so-called “solopreneur businesses” often believe that their business can’t be sold because without them, there IS no business. This topic came
Buying a Business in Bankruptcy 3 January 2022: Buying a Business in Bankruptcy “Bankruptcy” is a dreaded word in pretty much all aspects of life. But bankruptcy is also a legal tool that is available to businesses when sudden legal, financial or other catastrophic setbacks – such as the random
Selling a Business: 4 Important Steps 27 December 2021: Selling a Business: 4 Important Steps As I’ve repeatedly mentioned over the past several years of posting to this blog, selling a business is a process – arduous and time-consuming, as I pointed out last week. But it can be far
Selling a Business? 3 Mistakes to Avoid 20 December 2021: Selling a Business: 3 Mistakes to Avoid Selling a business is a time-consuming and arduous process. And it’s particularly challenging if you don’t know what you’re doing – and that refers to pretty much everybody with the exception of trained
Buying a Business: What’s it Worth? 13 December 2021: Buying a Business: What’s it Worth Buying a business requires as much attention to value by the buyer as selling one requires of the seller. When buying a business, with the proper documents, a buyer – or, more realistically, the buyer’s
Selling a Business: The Basics 06 December 2021: Selling a Business/The Basics The last dozen or so posts on this blog have been about some of the specific – some might say “esoteric” – aspects of selling a business. Though all of those aspects are important to consider during the
Selling a Business: Valuing Future Earnings 29 November 2021: Selling a Business/Valuing Future Earnings Last week’s post about using an earn-out when selling a business raised an important question. “How do we estimate the value of a business’ future earnings?” Well, before we can answer that question, we have to
