Tag-Archive for Sell Your CPA Firm

How Do I Know When It is Time to Sell my Business

Your business is your baby, you have invested years of blood, sweat, and tears birthing it, nurturing it, and growing it to profitability. Along the way, there have been many ups and downs; but through it all, you have experienced great joy in the journey. With so much of their lives invested in their business,…

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Selling Your Business During a Global Pandemic

Many business owners who have been planning to sell and cash out from their life’s work have been concerned that they may not be able to do that for a while because of the COVID-19 pandemic. The coronavirus outbreak has certainly impacted every business in one way or another, but this does not necessarily mean…

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Understanding the Future of Your Business

The coronavirus outbreak has disrupted every area of society, and in the business world, countless businesses that were deemed “nonessential” were temporarily closed. As things open back up, no one is entirely sure what the post COVID-19 economic landscape will look like. One thing that is certain, however, is that this pandemic will result in…

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Strategies for Selling a CPA Firm

The coronavirus pandemic has turned our whole world upside down. Just a couple months ago, the US had the strongest economy it had seen in decades, and it appeared as if things would remain this way for some time to come. Then suddenly, tens of thousands of “nonessential” businesses shut down and millions of Americans…

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Negotiation Strategies for Business Sellers

Deciding to sell your business is a major step, and this is likely to be one of the largest (if not the largest) transactions you will ever make. One of the major keys to ensuring a successful sale is to know how to negotiate with prospective buyers. By having a negotiation strategy going in, you…

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Choosing the Right Tax Structure for Selling a Business

If you are considering selling your business sometime in the not-too-distant future, one issue that will most certainly factor into the transaction is taxes. Since most business owners have never been through the process of selling their company in the past, this is usually one of those great unknowns, and it can be a very…

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When is the Best Time to Sell a Business

For every business owner, there will come a time when they need to exit the stage. Some will turn their business over to the next generation, while others might want to sell to employees or an outside party. Most people exit businesses for lifestyle rather than financial reasons. Some common reasons may include retirement, health…

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Improvements to Make Before Selling Your Business

When it comes time to exit your business, you want to do so in a well thought out manner in order to maximize the value you will receive. You have poured your heart and soul into this, and you should receive the fruits of your labor. Some owners find out, however, that their business is…

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Why Your Employees Might Embrace the Sale of Your Business

When someone is selling a business, it is usually assumed that this is going to be a touchy and delicate issue for existing employees. This is one of the primary reasons that reputable business brokers go to great lengths to ensure confidentiality during the sales process until the time is right to announce it to…

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Will Baby Boomers Ever Leave the Stage

The Baby Boomers, that generation of 77 million Americans born right after World War II (1946-1964), have helped shape American culture at every stage of their lives. In their youth, they embraced Elvis and the Beatles, “free love”, and the counter-cultural revolution of the 1960s. In the 1970s and 1980s, most of them traded in…

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