When an existing business takes on a new capital partner, it gains more than just capital. A new partner can add needed expertise, open the doors to new business relationships and share the burden of day-to-day management. But to make such an arrangement successful,...
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...
Every successful small business eventually reaches a growth ceiling or begins exploring how to get outside capital to fund further expansion. This capital can come from a variety of sources, one of which is private equity firms. As business owners evaluate their...
When a business is approaching a major crossroads, such as a potential sale or merger, leaders often seek out professional advice for managing the process. But not everyone understands the situations in which certain types of advisors excel, and specifically, the...
It’s a relatively straightforward process to determine how well a for-profit business is performing. But the question of how to assess non-profit financial performance can be a bit more nuanced. We often think of non-profits in terms of the societal benefit they...
Read the article in Small Business Current. When family members run a business together, the experience often draws them closer, but there are inherent risks as well. Having years of personal history with one’s co-workers can sometimes lead to non-work disputes...
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.
