Every Small Business Owner Needs an Exit Plan Selling a small business is no easy task. In fact,...
Why every business owner needs an exit plan
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Resources
Learn your options, essential terms and more!
Ten questions buyers ask during due diligence
When a buyer is interested in your small business, they will want to engage in a thorough examination often referred to as the due diligence process. Whether you plan to find a buyer for your small business or plan to sell to a business partner, employee or a family member, the due diligence process is a crucial step. If you need a refresher on just what due diligence means, just click here.
How Inflation May Impact Selling Your Small Business
As concerns about inflation rise, many small business owners thinking about selling their small business have concerns. Learn how inflation may impact the price and ability to sell your small business
Basics qualifications for getting an SBA loan to acquire a small business
In a perfect world, a buyer interested in a small business would have the cash needed to pay 100%...
The Most Important Items To Include In A Promissory Note
If a purchaser of a small business does not have all of the capital to purchase the business, the seller may offer seller financing/owner financing.
Why Small Business Owners May Choose “for sale by owner” When Exiting Their Business
If you own and manage a business with a valuation under $2,000,000, and you’re seeking help from a business broker to market and sell your business, there is a strong chance that you may not get the help you need.
What if I Don’t Dissolve my Business Properly?
If your business structure is a corporation, then you filed for Articles of Incorporation through the Secretary of State’s office when you started the business.
Selling A Small Business And Tax Considerations: What Sellers Need To Know
When selling a business, the purchase price is determined by the separate values of the various assets and liabilities acquired from the transaction. What does this mean? In a nutshell, this means that when you negotiate a sale price for a business, you and the buyer must agree as to what portion of the purchase price applies to each individual asset, and to intangible assets such as goodwill.
Closing A Small Business And Taxes: What You Need To Know
When you decide to close your business, whether the decision is based on plans for retirement or economic factors, taking a deliberate, methodical approach to dissolve a business is very important.
3 Common Bookkeeping Mistakes Most Small Business Owners Make
When selling your business, you need the financials to be ready. When it comes to the business financials, you’ll want to make sure that all the t’s are crossed and all the i’s are dotted.
Selling your business could be quite stressful if you are trying to do it yourself.