Business Exit Readiness: Planning For a Meaningful Third Act
Selling a business is a multifaceted process that requires careful planning and consideration. Addressing your personal, financial, and business readiness ensures a smooth transition and sets the stage for a fulfilling third act.
For Buyers: The 5 Essential Steps of Business Acquisition
So, you’ve decided to buy a business. Maybe you’re tired of the 9-to-5 grind or binge-watched “Shark Tank” and feel inspired. Whatever your motivation, diving into business ownership can be an exciting adventure. Here are five essential steps to follow when buying a business.
Selling Your Business: Two Types of Buyers
Whether you aim to sell your business next year or a decade from now, 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
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 learn how to avoid this mistake.
How to Make Your Company Special
Two crucial steps will set you apart from your competition:
1. Specializing in one product or service
2. Focusing on a specific industry
In this article, you’ll learn the benefits of both and how to implement them in your own company.
Business Valuation: Eight Benefits for Company Owners
The wealth of two-thirds of all small business owners is tied up in their businesses. For many of them, their business becomes the personal retirement savings vehicle. Sadly, most are driving blind.
The information to prepare adequately for retirement is one of the benefits of a business valuation. Here are eight others: