The COVID-19 Pandemic has been in the news for a while now. A lot of small business owners are wondering how COVID will affect them, their businesses, and their ability to sell or buy a business. The first step to any business transfer is a proper valuation and the post-COVID world will certainly require that. […]
Many businesses have struggled during the COVID19 pandemic and some have not fully recovered. Some are near bankruptcy or already closed. Owners may want to exit but believe they have no options other than just closing the doors and walking away. However, you can sell your business and receive some money from the sale. What Makes My Business […]
One of the main reasons people start and grow a business is to sell it. To maximize the sales price, you’ll want to begin preparing for sale as soon as possible. It’s never too early to prepare for the sale. Here are a few tips on how to maximize selling price that you can begin a few […]
It’s an understatement to say that 2020 was a disruptive year for businesses. Between the COVID pandemic, civil unrest, the presidential election, and the economy being flipped upside down, it’s natural for any small business owner to be worried about the future. Some small businesses are struggling to make any yearly profit, but there is […]
The decision to sell a business shouldn’t be taken lightly. You’ve invested time, energy, and effort into your entrepreneurial enterprise. Of course, you want to make sure a business sale is worth it. Determining a realistic purchase price will help you determine whether that’s the case. Above all, you’re probably wondering ‘how much is my […]
The decision to sell your business is never an easy one. It involves a lot of time, planning, back-channeling, and hard work. With so many moving pieces involved, you should never overlook or dread talking to your employees and clients. The conversation can either help or hurt the sale during an already stressful time. Thus, […]
The global economy has taken a massive hit from the COVID-19 pandemic. Many businesses have been forced to shut down as the government places strict restrictions to curb the pandemic. Many small business owners are contemplating selling out to cut their losses, while the optimistic entrepreneur is wondering whether the situation is conducive for buying.So, […]
There is no doubt about it, it can be exciting to buy a new business. However, in the process, it is very important that you don’t become unrealistic about future growth. Keep in mind that in the vast majority of cases, if a business is poised to quickly grow substantially, the seller would be far […]
If you don’t exactly understand what corporate social responsibility (CSR) means, don’t worry. We’ll cover the main points you need to know. CSR is increasingly seen as something that companies of all sizes need to be aware of, so let’s take a closer look at a few of the finer points. There are 4 basic […]
M&A purchasing agreements can have a lot of moving parts. A recent article from Meghan Daniels entitled, “The Makings of the M&A Purchase Agreement” serves to outline a range of facts including that every M&A deal is different. The article, which serves as a general overview, raises a range of good points. Components of the […]