Overview A lot of small business owners start planning their exit with questions about business...
Whether you plan for sale by owner or hiring a business broker, this article breaks down the fees to sell a small business.
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.
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
According to the Conway Center for Family Business, approximately 30% of family-owned businesses...
There are many reasons small business owners seek an exit from their businesses. Retirement, health concerns, simply seeking something new or other circumstances are just a few of the most common reasons. The ideal exit is to sell the business and pocket the cash. As a small business owner, you may be considering an exit and wonder if selling your business is a good option. If you have a strong emotional attachment to your company, it may be hard to look at the decision objectively.
As a business owner, you might find yourself walking on a fine line between full transparency and divulging too much information to your employees about the exit. Employees may be suspicious of what’s happening behind closed doors and begin to ask if current conversations will affect them.
Traditional banks are one source of financing when a small business owner is selling a business. But when you dig into the numbers, this is less true when the business is worth less than $3,000,000.
Planning to sell your business can seem to be overwhelming. How much is the business worth? Who will buy the business? What happens to my employees? When should I sell the business? Well, there is no definite selling season that every company abides by.
Preparing to sell your business can be an emotional rollercoaster ride, and the last thing you may consider during this time is selling your business to a competitor.