Sell your business now or wait? What do the experts suggest? If you’re like most business owners, your eyes may glaze over as the tax topic rears its ugly head but having a basic understanding upfront can save you time and money during your sale process. As the landscape changes and government reaches further into … Read More »
How Professional Services Help Prepare Business Owners’ Transition
Whether you provide legal advice, financial planning, insurance coverage, or another service entirely, your clients look to you so they can retire when the time comes. Your clients undoubtedly appreciate guidance from you on their current and future endeavors by helping them forecast business climates in order to maintain a sustainable business. As a … Read More »
What’s the VALUE of Your Business?
BUILT TO SELL – Video Series Part II – One Day My Price Will Come – Value/2 Minute – Are you prepared for a buyer’s offer??? How much $$$$ are you leaving on the table? Dan Stone – Principal, Transition360 – Buyers and banks can spend countless months kissing a business before making a serious commitment. Being well prepared … Read More »
So You Think You Wanna Exit ?
BUILT TO SELL – Video Series Part I – Strategic Growth Initiatives/2 Minute – How Much $$$$$ Are You Leaving On The Table? Terry Wyman – Principal, The Alliance Builders – Understanding how your company, IP, processes and systems are valued, helps you prioritize where to spend your time and energy as you prepare your business for … Read More »
I wuna retire, what’s my business worth?
OK, I’ll tell yah. I’m not going to dance around and throw out formulas or “Rules of Thumb”. I’ll deliver a straight answer. No double talk. No “consult your accountant”. No “call my 800-number”. A small business is worth what it can afford to pay for itself, period. Of course there are just a few … Read More »
Business Brokerage Advice for Small Business Owners Who are the Business.
Here Are Some Common Items That Can Help You Sell Your Small Business: Customer Lists, Customer/Client Relationships, Trade Names & Marks, Logos & Service Marks, Domain Names, Website Content, Order or Production Backlog, Leases, Trade Secrets, Copyrights, Transferable Contracts, Non-Compete Agreements, Forms and Procedure Manuals, Data Bases, Supplier or Referral Lists, Patented and Unpatented Products … Read More »
A Small Business Banker can be a shining star in your exit plan
There was a time when you could dial a direct line and your Banker would answer the phone, and he or she would have full authority to do almost anything you needed. Your Banker knew your business in detail and would likely be a trusted advisor. Well surprise, those days are back. Small community banks … Read More »