Business owners are experts at managing the sales process for their own products or services, but they don’t always understand how to apply those skills to the business sale process. As a result, most decide that selling with the help of a broker is their most prudent...
Nonprofit organizations are embedded in their communities’ cultural fabric, providing a range of needed services that elevate the quality of residents’ lives — from arts and education to health, social welfare, and conservation. Though many people view nonprofits as...
The term “due diligence” can mean different things in different situations. For a person making a personal purchase, like a used car, performing due diligence might mean researching a model’s safety ratings or getting a mechanic to do an inspection. With mergers,...
The events of recent years have underscored the critical need for businesses to be prepared for a variety of challenges. While nobody can envision every potential set of circumstances (looking at you, COVID), many business leaders consider it standard practice to...
Building a business with the goal of selling it can represent the culmination of years of hard work, including long days, tough decisions, and occasional sleepless nights. This hard work translates into a dollar value that, hopefully, makes it all worth it. The final...
When closely held businesses need capital, they generally have two options — getting a bank loan or seeking out private investors. While a loan isn’t going to be a viable solution for every liquidity need a business has, it can be significantly less expensive in the...
Negotiating the Best Deal: A Checklist for Business Sellers
Successfully selling a business can be challenging as the process entails careful planning, strategic thinking, and the ability to negotiate effectively to ensure the best deal possible.
Every deal is different, but you can get the best possible outcome by following these five steps.
Download your free copy today.
How Not To Be A Turkey
Closing a deal can often feel like navigating a Thanksgiving family dinner, where everyone has their own agendas and interests.
Without the right strategy, you risk making costly mistakes. So it's essential to arrive at the table well prepared, with all the skills and tools you'll need to have your greatest chance of success.
Download your free copy today.
How to Sell a Business in 5 Simple Steps
There’s nothing simple about selling a business. The road to a successful sale is often rocky, with plenty of detours and wrong turns along the way.
Every journey begins with a first step — and with that in mind, we wrote the five steps on how to sell a business.
