Category: Blog

Your Gear Can Sabotage Your Small Business Sale

Looking at your business with the “fresh eyes” of a potential Buyer can be a real eye opener. Eliminating clutter can significantly increase the appeal of your business to a Buyer. (see the original article by Mike Finger here.) 20…

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How Do I Begin Planning My Exit?

Business owners frequently approach exit planning much like a new fitness routine. They know it is necessary, but it always seems to be something that can be put off until tomorrow. For the Baby Boomers, tomorrow is already here. Business…

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Selling in a Buyer’s Market

The demographics of the Boomer transition are not very encouraging for business sellers. We are rapidly approaching the worst imbalance between small business sellers and buyers in history, and it will continue for the next 20 years. The most generous…

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What is an Exit Plan?

Exit planning has become a new buzzword for those who consult to Baby Boomer business owners. Business brokers, wealth managers and other professionals are adding “exit planning” to their marketing messages. It’s a logical reaction when over 5,000,000 Baby Boomers…

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Understanding Business Valuation

Do you understand the importance of an accurate business valuation? Getting it right can have a huge impact on the future of your business. Understanding Business Valuation Preparing for the successful sale of any small business begins with an honest…

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Navigating the Path From Employee to Franchise Owner

From HVAC repair people to waitresses and baristas, many employees have made their way up the ranks to purchasing their own franchise. In fact, many franchisors prefer to set up new franchise locations with those who have already worked in…

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Buying Your First Business: What You Need to Know

Owning your own business means working for yourself and your own success rather than someone else’s. The rewards nearly always outweigh the risks. However, before you take the plunge, there are some things you need to know. Some of these…

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5 Things to Consider When Buying a Business

Getting ready to buy a business is a huge personal step. You will be investing time, money, and effort into it on a regular basis. It’s like taking on a new job, but one where you have an incredible amount…

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The Mindset of an Entrepreneur

Are you considering buying your own business? There are a lot of factors that go into it, from business valuation to the way the purchase is structured. A business broker can help you with many of those things, and when…

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Projections: Why They Matter for Your Business

There are several common approaches to business valuation. One of them is the market approach, and it can have a dramatic impact on the value of your business. Leaving this research out of your business valuation process could result in…

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