If you are trying to sell your business or if you have been thinking about investing in a business, you have probably considered using a business broker. A business broker is similar to a real estate agent for businesses. They can assist you in getting the necessary paperwork together and advertising your company to potential buyers. They can also screen potential buyers for … [Read more...]
Selling a business can be one of the biggest financial transactions you will ever undertake. Therefore, it deserves careful preparation and planning to make sure that the sale is successful. In the United States, there is a major shift in business ownership taking place. The Baby Boomer generation is reaching retirement age and Generation Xers and millennials are stepping in … [Read more...]
Social media has emerged as one of the defining phenomena of the modern age and it is now used as much by businesses as by individuals. For retailers, the crossover between personal and professional use opens up a great deal of potential for subtle selling and the building of brand loyalty. Here are some key considerations if you’re keen to use social media channels more … [Read more...]
Buying a company may not be as simple as buying a car, but in some ways, a business is like any other commodity: subject to the law of supply and demand. This can have significant implications for owners who are considering divestiture from their business in the coming year. Over the past few years, there has been a marked uptick in small businesses going up for sale as Baby … [Read more...]
Every small business owner pours their life into their business as there are a lot of hours, sweat, tears, and sacrifices needed to make a business successful. Knowing all of this work went into building a small business makes it harder to sell a business because, in some ways, it is an extension of your life. But, if the time has come to sell it, it is important that you … [Read more...]
Whether you’re selling your business, or you’re planning to buy a business, working with a broker can be invaluable. Business brokers can help you sell your business faster if you’re an owner, and they can connect you with a business that’s well-suited to your budget and your needs if you’re a buyer. Whether you’re buying or selling, it’s a big decision and in the case of … [Read more...]
Most individuals these days usually delve into entrepreneurship after their college days. With the rise of a lot of small businesses, sole proprietors have to learn some of the basic tools of doing business, which usually bores down to knowing how to buy and sell. Often the holding period between when a business starts, or is acquired, until when it is sold or merged with … [Read more...]
It’s never easy to be faced with the prospect of selling your business, expanding it by acquiring another one, or signing a huge business deal. The decision you make could make you successful beyond your wildest dreams, or it could turn out to be the worst mistake of your life, financially speaking. The following infographic, produced by Betway Casino, highlights some of the … [Read more...]
Selling your company could be one of the largest financial transactions you ever make, and that is why you need to be cautious every step of the way. A single mistake or oversight could end up costing you quite a bit of money or bring your negotiations to a grinding halt. These few tips will help you sell your company quickly while avoiding some of the most common mistakes that … [Read more...]
Entrepreneurs and small-business owners have many stresses to deal with, and due to their level of both financial and emotional investment, may end up heading towards bankruptcy without being fully aware of the circumstances. Being on the lookout for warning signs is obviously key, but there are other steps you can take to salvage a bad situation. I interviewed Jon Paul Kelly … [Read more...]
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