Blog

May 15, 2019

Increasing the Value of Your Business

After investing years of hard work running your business, you’ll want to be sure you receive top-dollar when it comes time to sell. Whether you’re looking to retire or are interested in other endeavors, there are many options you can employ to improve your business and receive higher offers from interested buyers. To help increase the value of your business, follow these six steps. How to Increase the Value of Your Business Choosing to list your business for sale is no small decision. Once you’ve figured out how to tell your employees and clients you’re planning to sell, you’ll need to prepare your business for the best possible asking price. Prepare Your Office Space Before bringing interested buyers to your […]
May 15, 2019

Buying a Bakery Business

Bakery businesses are on the rise due to a growing desire for eye-catching treats. From fully customized wedding cakes to rainbow bagels, consumers can’t get enough baked goods. If you’re looking to enter the bakery business with trendy treats or classic favorites, you’ll need to understand the business first. Address the points listed below before buying a bakery to ensure you master the recipe for success! Are you interested in buying a bakery privately or through a franchise? First, decide whether you want to join an existing franchise or start your own bakery. Like any other business investment, purchasing a franchise location will involve less work up front due to existing guidance and company procedures. If you’re unfamiliar with the […]
April 23, 2019

Selling or Closing A Business

There is no set way to know when it’s the right time to close or sell your business. However, there are some factors to consider when making the decision. Why are you selling or closing? Consider the real reason behind your decision to sell or close your business, and make sure it’s the right one for you. If you’re selling your business, this is a common question that potential buyers will ask. If you’re struggling with the decision or would like to talk to someone about your situation: Contact us by phone, web chat or our online enquiry form. Have you talked to professionals, friends and family? Talk to your business advisor, accountant or solicitor before you decide to sell […]
April 23, 2019

Is Selling Your Business Giving Up?

As entrepreneurs, our companies become extensions of ourselves. When the company succeeds, we succeed. When it hits a rough spot, we feel like failures. And if it comes crashing down – which unfortunately happens regularly – we can take it very hard. But does the thoughtful, strategic decision to sell your business equate to giving up or failing as an entrepreneur. Absolutely not. In fact, selling your business may be the ultimate sign that you’ve succeeded as an entrepreneur. It really comes down to those important words above: “thoughtful, strategic decision.” If you’re choosing to sell your business and you’re in control of the situation, you’ve succeeded. The beauty of an exit strategy Really, every business owner should go into […]