There are a lot of factors that determine who is the best buyer for your company. Part of it depends on your goals. Some business owners think they know exactly who the right buyer is. However, we find that it is important to keep an open mind. The buyer that you think is perfect may…
There are many things to consider before you decide to sell your business. Some of them are financial, some are emotional, and some involve the business sales process. Having worked with sellers for almost 20 years, we have a lot of insights into this area and can give you some factors to consider before you…
In 2020, two telecom industry giants — Sprint and T-Mobile — merged in an all-stock deal valued at $26 Billion, making this one of the largest mergers and acquisition events in history. M&A is an excellent strategy for companies to scale up. But what you may not know is that there’s a fine line between…
Deciding to sell your business can be an emotional rollercoaster. People choose to do so for a variety of reasons, such as: You’re ready to retire A new opportunity has caught your attention You’re facing financial hardships due to a difficult fiscal year or divorce You’ve decided to take your life in a different direction…
The COVID-19 pandemic forced businesses across the country to close temporarily, impacting their profitability. Whether or not your business was considered essential, many industries were affected by the economic shutdown that occurred in 2020. The economic uncertainty in the U.S. is currently only one of the many reasons that people consider selling their business. The…
What do you do once you have sold your company? While you have had plans to retire or start a new venture, there is typically a feeling of, “I sold my business, now what?” Emotions and doubts after selling a business are common. Taking time to gain clarity on your next steps is an effective…
There are a wide variety of ways to exit your business. Some business owners make an escape plan as early as the first year they start building their company. Other business owners near retirement and realize they need to exit their company soon. Knowing how to exit your business is the first step to doing…
All business owners can sometimes make mistakes and when running a business. There are always risks in any business decision. When you are selling your business, you do not want to make a mistake that will hinder your retirement. We have compiled a variety of mistakes that business owners make when they sell their business.…
Finding It Difficult To Sell A Business? Sometimes it can be extremely challenging to sell a company. But, whether the market is down or there seems to be a lack of interest in your business, there are steps you can take to improve the likelihood of selling your company. How Are You Having Difficulty Selling…
When a person is looking to buy a business, there are various things they look for. Some buyers are looking for an extremely specific business to fit their needs. These buyers can be some of the best buyers because they may pay more if your business fits the specifications they are looking for. Knowing what…