Know When and How to Sell Your Business
July 30, 2018 BySelling your business may rival starting your business as the most exhausting and stressful undertaking of your life. But with a sale can come a tidy profit, and a chance to see your business survive into the next generation. This is no small undertaking, and it requires significant planning. It’s not something you can decide to do on a whim. Indeed, exit planning should be a part of every owner’s business plan. Here’s what you need to know when you’re
Is It Time to Become a Business Owner? 3 Questions to Ask Yourself.
July 28, 2018 ByMany people know that owning a business isn’t for them. But for others, the appeal and lure of owning their own business can be powerful indeed. If you are uncertain as to whether or not this path is for you, there are a few simple questions you can ask to gain almost instant clarity. In this article, we will explore those key questions and help you determine if owning a business is in your future. 1. Are You Dedicated to
The Top Two Ways to Purchase a Business without Collateral
July 21, 2018 ByBanks love collateral and for a very simple reason. If you have collateral, then the bank has something it can take if you fail to repay your loan. At its heart, collateral is a remarkably simple concept. However, unfortunately, many people who want to start a business lack it. All of this leads us to the simple question, “Can I start a business without a collateral. 1. Try the SBA There are ways that you can start a business without