Steps for a Successful Closing
The closing is a pivotal moment in the history of a business as it marks the formal transfer of a business from one party to the next. Behind every successful closing is months of focus and hard work. Simply stated, a successful closing doesn’t just happen, but is instead the byproduct of extensive negotiations. One key document to utilize in the closing process is the Purchase and Sales...Read More
What is Your Business Worth?
Congratulations on completing another year in business! For most entrepreneurs, their business is their most valuable asset. Unfortunately, most business owners do not know what their business is worth and what they should be focused on if they want it to be worth more. If you are curious about what your business is currently worth and what areas can most increase that value of your...Read More
Lack of Experience Can Be a True Deal Killer
Most business owners are experts at running their specific businesses. They are not necessarily experts at selling businesses. This is where working with a seasoned brokerage professional can prove to be invaluable. As it turns out, there are endless examples of people trying to save money by simply finding an MBA to handle the sale of their business. Owners often will trust this person...Read More
What to Consider Before Handing Your Business Over to the Next Generation
No business owner will be able to stay with their business indefinitely. For this reason, you will either have to eventually sell or hand your business off to the next generation. Let’s take a closer look at the concept of handing a business over to a family member and how you can make sure that the business is in optimal shape when the time comes. If you want your business to be prepared...Read More
