Why Should I Consider Financing the Sale of My Business?
Deciding to sell your business is one of the most consequential decisions that you will likely ever make. Commercial transactions like these are significantly more complicated than purchasing or selling a piece of residential property, for example, and there are a lot of factors that go into a successful sale. When you are looking to […]
Putting Yourself in Your Buyer’s Shoes When Selling a Business
When you are getting ready to sell your business, there is a lot to think about, and a lot of preparation that goes into the process. This is most likely the largest and most consequential transaction you have ever been involved in, so it is very important to plan properly and do everything possible to […]
How to Approach Your Employees About a Business Sale
Selling a business is typically a very positive event for the owner(s). This is the time to cash in on the years of hard work building your business, and move forward to retirement, new endeavors, or whatever is in store for the next stage of your life. As an owner, you look forward to the […]
How to Plan a Successful Business Sale
Selling a business today is not as easy as it once was. According to a 2014 study conducted by Guardian Life Insurance, 35% of business owners are planning to fund their retirement from the sale of their business. However, only 17% of those surveyed had identified a potential buyer. As the Baby Boomers retire, an […]
How to Maximize the Sale of your Business to Finance your Retirement
This year, the last of the Baby Boomers will turn 50. This marks a major milestone as America’s most populous generation is now entirely within 15 years or less of their 65th birthday. With the Boomers entering or quickly approaching their golden years, many are trying to figure out the best exit strategy to sell […]