Before buying any business, a buyer must ask a number of important questions. In a recent article from Entrepreneur magazine entitled, “10 Questions You Must Ask Before Buying a Business”, author Jan Porter explores 10 of the single most important
Removing Yourself from Your Business Many business owners are rightfully proud of their dedication to company and clientele. What they don’t always realize, however, is that once they’re ready to exit, heavy owner involvement is the last thing a
In a recent Divestopedia article entitled, “Kids Take Over the Business? 8 Things to Consider,” author Josh Patrick examines what every business owner should know about having their children take over their business. He points out that there are no
Forbes author Keith Gregg’s, February 8, 2019 article, “Using Tech to Enhance and Sell a Business,” has a range of interesting ideas that business owners should explore and embrace. Gregg looks at three big ways that business owners can use
If you haven’t been thinking about succession planning, the bottom line is that you should be. In the February 20, 2019 Divestopia article, “All Companies Need to Look at Succession Planning,” author Brad Cherniak examines the importance of succession planning.
Is Your Businesses Sellable? There are two main reasons why your business may not be immediately sellable from a financial point of view. The first has to do with accounting records that are in disarray. The second involves the use of overly aggressive tax avoidance measures. If your bookkeeping records, financial statements, and
The economy is red hot, and that fact is translating over to lots of activity in businesses being sold. However, it is possible that this record-breaking number of sales could cool down in the near future. In a recent article