If you’ve ever purchased a business, you know how daunting the transition process can be, especially when it comes to how you handle the existing employees. All changes, whether they are perceived to be good or bad, can create anxiety and concern, so how new ownership handles existing employees re
READ MORE »The start of a new year has many people itching for a change, especially those with an entrepreneurial spirit. After all, who hasn’t dreamed of being their own boss, building something they can be proud of, and seeing that great idea come to fruition? If that’s you, it could be time to jump feet
READ MORE »Prospective business buyers often make the terrible mistake of being overzealous when talking with a seller for the first time. I get it; you’re excited. Perhaps you have spent a ton of time looking at listings and do not want to waste any time on potential businesses that fail to meet your cr
READ MORE »An established business has much to offer a prospective buyer. A proven product or service exists, as well as a customer base. Typically, there are experienced employees and managers in place (and many choose to remain with the company after the sale is complete). There is a cash flow from the first
READ MORE »When you're hoping to sell your business there are a number of things to be concerned about. There are a few ways you can get a step-up on your buyer and anticipate their moves before they have thought them up themselves. If you want to swim with the piranhas you're going to have to nip a fe
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
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