Some entrepreneurs approach selling a business the same way many people sell their house: They set the price high, hoping to close a deal with the top bidder. But there’s a lot…
Category: Selling A Business
Turning Over Your Business? 5 Steps To Know
Whenever we start a business we hope to make it big, earn profits and expand a lot. But doing these are not easy. While we all expect the maximum return from our…
Transfer Your Business to a Family Member
There may come a point when a business owner will want to turn over their business to one of their family members. This could be due to a variety of reasons. Perhaps…
Is It Time to Sell Your Business?
“Quitters never win and winners never quit.” —Vince Lombardi In small business, it’s not that winners never quit. Rather, winners know when and how to get out at the right time. Making…
How to Bounce Back After Selling a Business
Small business owners may sell their businesses for several reasons, such as retirement planning, estate planning or the desire to move on to new challenges. Owners also may sell because adverse economic…
How Business Brokers Can Help You
When you deal with business brokers to help you sell your business there are a few things to keep in mind. You should have some expectations of what business brokers can do…
Goodwill and Its Importance to Your Business
What exactly does the term “goodwill” mean when it comes to buying or selling a business? Usually, the term “goodwill” is a reference to all the effort that a seller puts into…
Selling a Business to a Competitor
Offering up your small business for sale is no easy feat. And selling a business to a competitor can easily imbue this feat with even more logistical and emotional complications. Luckily, there…
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…
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…