[caption id="attachment_643" align="aligncenter" width="495"] The Role of Business Brokers in Buying or Selling a Business Why You Need a Professional on Your Side[/caption] In the world of buying and selling businesses, business brokers are the unsung heroes who save the day. They're l
READ MORE »[caption id="attachment_635" align="aligncenter" width="510"] Can Financing a Business Become a Deal Breaker When Buying?[/caption] When it comes to purchasing a business, securing the necessary funds is often one of the most significant challenges faced by potential buyers. The process
READ MORE »When it comes to exiting a business, owners have several options to consider. One critical decision that many entrepreneurs face is whether to opt for business liquidation or selling the company as a whole. Each option has its advantages and drawbacks, and the best choice will depend on your spe
READ MORE »Succession planning for business is an important process that many business owners overlook. Succession planning involves identifying and preparing a successor to take over the business when the current owner retires or leaves. It's essential to start succession planning as early as possible to
READ MORE »[caption id="attachment_605" align="aligncenter" width="467"] How Business Owners Overvalue or Undervalued their Market Value[/caption] When it comes to business ownership, accurately valuing the market value of your business is critical to making informed decisions about the future of your compa
READ MORE »Small-scale businesses require a slightly different set of knowledge to sell compared to large-scale businesses. Today, we will discuss what you need to know in order to prepare yourself for the selling of your small-scale business in 2022. Limited Buyer Pool Unlike large businesses, the num
READ MORE »During the life of your business, situations may arise where you will need to know the exact value of your business via an official business appraisal. Hiring an experienced and savvy appraiser is one of the simplest and most cost-effective methods of attaining a true business value. Find out when a
READ MORE »Throughout the lifetime of your business, it is very likely that there will come a time when buying another business is an option for you. Buying another business can seem like an overwhelming process, but with the right mindset and preparation, the process should be simpler than you think. Here
READ MORE »During the process of buying and selling a business, there is a good chance you will hear terms you have never heard before. Some of these terms are integral to making the selling of your business as smooth as possible. Keep reading to find out what these terms are and how they affect the busine
READ MORE »2022 has brought many new variables to the table when it comes to business operations. Supply and demand are no different. A broad increase in demand for products has caused numerous challenges for ports and other distributors, as supply chain delays have become more common. The number of employees
READ MORE »Within any industry lies competition. The key to winning over the most clients is to stand out from your industry’s crowd of businesses. How does one stand out from the rest? Keep reading for some tips for businesses to help them rise above the competition. It Starts with Your Website Having
READ MORE »Due diligence is the necessary steps taken to buy or sell something and meet all legal requirements. The importance of due diligence for mergers and acquisition transactions is very well known in today's competitive business market. The various components of due diligence directly connect to an
READ MORE »The prospect of buying a business is not for everyone. The process can seem very overwhelming and complex to the majority of people. Buying a business requires a significant amount of thought, risk assessment, and resources. Buying a business is an exhaustive yet rewarding process. Avoid these co
READ MORE »Business owners are left with two options in regards to the future of their business and its operations. The first option is to pass the business down to children, grandchildren, or some other form of family or friend. The second option is to sell! While some value the idea of passing a business
READ MORE »The number of entrepreneurs in society today is growing rapidly. Many graduates from universities and colleges around the world join in on this title each year. With more entrepreneurs in the world, the buying and selling market for businesses is exceptionally active. Business transactions
READ MORE »Are you buying a business or planning to buy one soon? Don’t under estimate the power of social media to promote your business! Here are some tips for new business owners to promote their business on social media. The Benefits of Using Social Media for Business As a business owner, there are
READ MORE »When you’re thinking about selling your business, or purchasing one, it’s vital to know the overall worth. This data will help you establish a dependable and accurate figure, and allow you to plan your finances accordingly. You will also be able to submit this information to potenti
READ MORE »If you are considering selling your business, or purchasing a new one, a proper appraisal of machinery and equipment is crucial to getting the most return on investment. Accurate machinery and equipment appraisals are often requested to get a full sense of what your business may be worth. If you are
READ MORE »If you own or operate a small to mid-sized business, you’ve spent a great deal of time and effort building it from the ground up. In time, you may be ready to take the next step, whether that’s adding to your current operation, or selling your business and starting a new chapter in your life.
READ MORE »When you’re thinking about purchasing a business, or starting one from scratch, there are almost infinite possibilities. Running your own business can be rewarding as you watch it grow and thrive. Like any other undertaking, there are challenges and unforeseen events that you will have to handle o
READ MORE »With the effects of COVID-19 still impacting businesses, it may be hard to find a silver lining. Add the recent problems with the supply change and the picture can become even more disheartening. However, the delays in early 2021 - and for most of 2020 - have actually given rise to an i
READ MORE »As COVID continues to impact every facet of business in America, there is good news for small business owners who are considering selling their operations. For the third quarter, the media revenue and cash flow for sold businesses both increased over the previous quarter. Unfortunatel
READ MORE »COVID-19 just doesn’t want to go away. While the push for vaccines has yielded positive results, cases are rising across the country - and reports show that the upcoming year will continue to be a challenge. Obviously the effects of the pandemic have hit nearly every se
READ MORE »As many people return to the office in-person, how can you ensure your space is equipped for safe social distancing protocols? Business owners should always be concerned with the health and safety of their employees, so don’t overlook an important aspect to keeping them safe: social distance-frien
READ MORE »It’s no secret that COVID-19 has affected many businesses across all industries, especially Brick and Mortar Retail stores. Store-front businesses have traditionally relied on foot traffic and with more people staying at home, Retail has to adapt to the new ways of the world. We’re sharing five
READ MORE »Natural disasters may hit at any time of the year, but the recent wildfires in Colorado and derecho (line of violent thunderstorms) that cut a path across the Midwest and mid-Atlantic have made Americans aware that the atmosphere is often very unstable during the summer months. Have you given any t
READ MORE »I have very fond memories of my first “real” job. After all, this was my initial step into the real world: no longer did I receive cash for a few hours of watching someone’s children; I now had my hands on an official paycheck – complete with my social security number, full a
READ MORE »If I sell the business now, will I get enough money to satisfy my needs? Will I really improve my personal financial position, or should I wait a little bit longer? Define priorities: Do I want an all-cash deal, so that I can wash my hands and be done with the business? (This will generally resu
READ MORE »Today we are offering a wish list for a typical seller of a small business. Entrepreneurs who are selling their companies, as well as those looking to purchase, generally agree on what would make the process more seamless overall. What the seller wants: A qualified buyer - This not onl
READ MORE »The biggest financial transaction in a private business owner's life is likely the sale of his or her business. Although many transfers are predetermined, others result from unplanned events, which is why it is essential for business owners to have an exit strategy. Operate your business as if
READ MORE »Ho-hum, you may be thinking. Or, boring. Maybe even, when can I possibly fit this into my hectic week? As an entrepreneur, you are an extremely busy individual who probably shoots from the hip more often than not. So, do you really need to take the time and effort to put a business plan in writing?
READ MORE »The buzz is that if you are a Baby Boomer and you want to sell your business in the next few years, then you are in the majority. You are not the only Baby Boomer and will possibly have your business compete against many more similar businesses in both model and industry. In order to be well-prepare
READ MORE »How often do you find yourself looking for that important - yet somehow misplaced - piece of paper? Do you promise yourself that you're going to become better organized, but find the days, weeks and months slipping by with too much work to do and not enough time to start that new filing system o
READ MORE »Did you know that your small business is subject to the same regulations as a giant commercial entity? If you find this startling news, you're not alone; most entrepreneurs in the United States assume that laws apply only to much larger corporations. All companies – small, medium, large a
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