Developing an Exit Strategy Plan for Business Owners

It is important to for small business owners to develop an Exit Strategy early on. A three year plan is optimal; a three week plan is distressing! The following is a list of important items to include in your strategy. Identify and gather all appropriate documents: 1. Tax returns for the last three years 2. P & L and Balance Sheets for the ... Continue reading

Buy A Franchise – Dryer Vent Cleaning and Service

Imagine a scene in a household when a dryer stops working. A consumer's first inclination is to believe that the dryer is broken. In many situations a repair person is called only to find out that it is not a malfunctioning dryer, but the dryer vent needs cleaning. Dryer vent lint build-up causes dryers to work inefficiently or not at all. ... Continue reading

Hiring A Professional Business Broker to Sell Your Business

There are four different ways that business owners typically use to Exit their businesses: • Close the Business • Accident, Illness, or Death • Succession • Sale of the Business The obvious choice for many is Sale of the Business. Statistics show that approximately one out of every five businesses in the U.S. change ownership ... Continue reading

Buy A Franchise – Sport Nutrition Centers

American's invest $16 billion dollars in sports nutrition & weight loss supplements a year and is growing 6 to 7% annually. Needless to say, health and fitness is now a huge industry and shows every sign of continued growth. A notable segment of the American public now understands the value of staying healthy and living longer and more ... Continue reading

Buy A Fitness Franchise Open 24 Hours A Day

Today more than ever, people know it's important to be fit. Their challenge is squeezing exercise into busy lives. This franchise opportunity provides the solution, bringing fast, convenient and affordable workouts into their neighborhoods - minutes from their doorstep - with your own compact, 24 hour state-of-the-art fitness ... Continue reading

Ten Steps to the Successful Sale of a Business

1. Make sure you have a valid reason for selling your business. The first thing a prospective buyer will want to know is the reason you are selling. The more valid the reason you offer, the more serious the buyer will be. 2. Don't wait until you have to sell, for either economic or emotional reasons. You don't want anxiety to force you ... Continue reading

How Do I Sell My Business?

By: Art Lennig, CBI, BCI Murphy Business & Financial Corporation – Georgia, Inc. Part I: The Advisory Team How do I sell my business? This is a question that many business owners ask themselves. What do I do? Where do I start? What do I need? What is my business worth? How do I compete against the many businesses for sale? Great ... Continue reading

Interested in Franchising?

Have you ever wanted to own your own business? Is your company downsizing? Do you dread Monday morning and going to work at a job you are less than happy with? If you answered yes to any of these questions, it may be time to consider starting your own business. Franchising might be the easiest way for you to do that. Franchising can offer ... Continue reading