Transitioning from Business Ownership to Retirement

If you are in your 60s or 70s and own a business you may be thinking about retirement at some point. But for many business owners this can be a scary thought. What do you do with all of your time? Will you miss running the business and seeing the employees every day? Fortunately there…

Read More

What Business should I Buy?

    We are often asked: What business for sale would you recommend? The answer of course differs depending on the specifics of each buyer. Narrowing down what might be of interest Every buyer has specific talents, interests, geography and financial assets. The first thing for each buyer to do, should be a self-assessment of…

Read More

Should I sell my business on Shark Tank?

Many business owners watch Shark Tank and wonder how this might apply to their business when they are ready to sell. Shark Tank can be a great place to get exposure for your business while also getting an investment. It is a popular show and has helped a number of business owners to grow their…

Read More

Business Valuation Factors

There are a lot of a factors that go into what a company will sell for.  We outline below some of the criteria that can affect the valuation of a company. Net Income The financial health of your company will certainly be a major factor in potential buyers’ decisions on what they will pay for…

Read More

Should I Sell my Company myself or hire a Business Broker?

If you own a company and are thinking about retiring, then you may be thinking about the best way to exit your business. In some cases, you may be deciding whether to pass your business down to one or more of your family members. You may be considering whether they have the capabilities and interest…

Read More

Key Elements for Every Partnership Agreement

You should never forget that your partnership agreement is, in fact, one of the most important business documents you will ever sign. Many people go into business with loved ones, relatives or lifelong friends only to discover (once it’s too late) that they should have had a partnership agreement. A partnership agreement protects everyone involved…

Read More

What are the Fees for Selling a Business?

Should I pay an upfront fee for selling my business?  You have worked long and hard to build up your business and now you are thinking of retiring. The question is how should you go about selling your business and what types of fees can you expect to pay? Some Mergers & Acquisitions firms and…

Read More