Posts Tagged Start a business

Starting vs Buying a Business

Starting vs Buying a Business

Thinking of Starting a Business? Let’s Chat About It First Starting vs Buying a Business Millions of people have a dream of owning their own business. My guess is that you’re one of them. That dream may have been born from seeing other people successfully operate their own businesses or

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Selling a Business? Why Yours Might Not Sell.

Selling a Business? Why Yours Might Not Sell.

Why Doesn’t My Business Sell? If you’re selling a business, you should know that multiple studies and surveys show that many small and mid-size businesses don’t sell. Over the years we’ve had to deal with that phenomenon on multiple occasions. When that situation arises, the potential damage to our relationship

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What Happens to Your Business When a Partner Dies?

What Happens to Your Business When a Partner Dies?

What Happens to Your Business When a Partner Dies? Over the past nearly 20 years of advising the owners of small and mid-sized businesses on everything from valuations and exit strategies to guiding them through the final sale of their business, sadly we’ve encountered a couple of unfortunate examples of

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Selling vs. Closing Your Business?

Selling vs. Closing Your Business?

Should You Close Your Business? To a business broker, that’s a ridiculous question! In almost 100% of the cases, you should sell your business, even it is not profitable. Why? Because it almost certainly has value – and by closing the business, you’re walking away from that value. Should you

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Selling Your Business? First, Build It’s Value!

Selling Your Business? First, Build It's Value!

What Drives Business Value? Well, net income, of course, as well as growth prospects. But there are many other drivers of business value and business owners that don’t pay attention to these “value drivers” will suffer when it comes time to sell their business; and that time will come, sooner

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Divorce: What Happens to the Family Business?

Divorce: What Happens to the Family Business?

Divorce: Who Buys, Who Sells? Last week’s post was about the importance of having a buy-sell agreement in place so that the business can transition smoothly in the event of the death or disability of one of the owners. At the beginning of that post, I mentioned that we are

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Selling a Business: Partner Buyout

Selling a Business: Partner Buyout

Selling a Business: Partner Buyout We’ve consulted with many businesses – mature ones and startups – over the years on everything from developing business and marketing plans to expansion strategies and raising capital. One of the most crucial considerations when establishing a business with multiple owners is to develop a

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