Digitalization is rapidly taking over society and an online presence is a must for any business. As a small business owner, you are always looking for ways to reach more customers and grow your revenue.
Resources
Learn your options, essential terms and more!
Why I Started ExitGuide
In the spring of 2020, I heard a story on the radio about baby boomers that want to retire yet are struggling with exiting their small businesses. As an entrepreneur, this struck me as odd – how can this be an issue? A few hours later I was searching online for more information and was shocked at the magnitude of the issue.
Understanding Comparable Businesses in Small Business Valuation
Definitions, ExitGuide, Finance, Planning, Selling a Business
Ideally, as an owner, you want to ensure your business is not undervalued when the time comes to exit the business while a buyer doesn’t want to pay an inflated price. To achieve this, comparables are an excellent way to estimate the fair market value of your business.
Take These 3 Steps To Prepare For Exiting Your Small Business
Most small business owners aim to sell their business someday. According to a PNC Bank survey, 78% of owners plan to sell their business to fund between 60% to 100% of their retirement.
4 Tips To Handle Emotions When Letting Go Of Your Small Business
One of the best things about having a small business is how much of your identity and passion you can pour into it. You’ve put your heart and soul into every step or decision and invested a significant amount of time, money, and effort.
Should I Wait To Sell My Business? Ask Yourself These 3 Questions
When you exit your business may be based on a target date you set years ago based on careful...