Who’s Buying Your Business? Two Types of Buyers

Who’s Buying Your Business? Two Types of Buyers

You’ve decided to sell your business.

Whether you aim to sell now or later, you need to consider two primary types of buyers: The financial and the strategic buyer.

In this article you’ll learn the difference between them and how to prepare for both.

The Cost of Ignorance: Why Knowing Your Company’s Value is Critical

The Cost of Ignorance: Why Knowing Your Company’s Value is Critical

A shocking 98% of business owners in the US have no idea what their company is worth. This is due to an aspect of running a business that often gets neglected: performing an accurate business valuation.

In this article, you’ll find out how to avoid making this mistake.

Stop Treating Your Company Bank Account Like a Piggy Bank

Stop Treating Your Company Bank Account Like a Piggy Bank

Picture a magic slot machine. Each time you pull the lever, you receive a multiple of whatever you wagered. How much time would you crank that arm?

Don’t treat your company bank account like a piggy bank. Mixing personal & business expenses can reduce taxes now, but will cost you later.