What is the Role of the Business Broker in a Business Sale
Those looking to buy or sell a business often wonder about the role of a business broker in the process. Does it make sense to use the services of a broker, or are you better off entering into the transaction on your own? How can a business broker help the seller or the buyer during […]
Is Summer a Good Time to Sell My Business
Selling a business is one of the most important transactions most people will ever make. In order to sell promptly and for top dollar, it is important to be well prepared ahead of time. Some owners wonder if there is a right time or season to start the process. And as we are in the […]
Future Looks Bright for Smaller Accounting Firms
There are over 40,000 CPA firms in the United States, and the vast majority of them would be classified as small firms; meaning they have revenues of under $3 million. A lot has been made in recent years of mergers and acquisitions among the handful of larger accounting firms, but these transactions are occurring for […]
What Makes Your Business Unique For Sale?
There are numerous attributes that can help your business stand out in a crowd. Of course, the numbers are always important (particularly your profit and loss statement), but the value of your business goes beyond just the numbers. If you were looking to attract a buyer, for example, there are several other factors they would […]
How to Exit From Your Franchise Successfully
In America, we celebrate our freedoms and independence. Unfortunately, some entrepreneurs feel anything but independent from the burden of a franchise they regret buying into. In general, franchising is a great way to get into a proven business model with the backing and support of a regional or national brand. However, sometimes the situation just […]
4 Common Mistakes in Selling a CPA Practice
CPA’s spend most of their careers working diligently to build their practices. However, many do not devote proper attention to their exit plan. When it comes time to sell your CPA practice, it is important to have a solid transition plan in place so you can avoid some of the common errors other practice owners […]
5 Helpful Tips for Selling your Business
At some point, most business owners reach the point when it is time to move on from the company they have built. For some, it is a career change, move out of the area or both. Others want to fund their retirement. Whatever the reason, if you are thinking about exiting your business in the […]
How to Prepare your Small Business for the New Year
At the start of every year, it is important to have a solid plan for not only growing the business but also properly managing that growth so you do not end up losing your new clients/customers later on. Here are four essentials that should be included in your preparation: Take Stock of the Prior Year: […]
