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Options for Family Owned Businesses

March 16, 2024 By
If you own a family-owned business, you may feel as though there are more factors to consider when it’s time to sell. In this article, we’ll examine some of the best options that business owners can use. You’ll want to keep in mind that both internal and external strategies are available to you. Let’s take a closer look.  3 Types of Internal Transactions  One of the top options for selling a family-owned business is to simply transition the ownership of
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Understanding the Modern Buyer

March 9, 2024 By
A key part of the American Dream is the notion of being financially independent and controlling one’s own fate. While times have changed, the idea of the American Dream is alive and well. Entrepreneurs have long realized that one of the quickest ways of achieving this dream is to own a successful business.  The majority of today’s buyers are well educated and come from the corporate world; however, they are typically not versed in the business buying process. Since these
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The Top Four Reasons Why Deals Fall Apart

March 2, 2024 By
It takes a lot of work to buy or sell a business. When a once promising deal is not successful, this can be due to a wide array of reasons. However, understanding the reasons why a deal can fall apart in advance can serve to dramatically increase your odds of success. Some of the reasons that deals fall apart are reasonable, while other reasons, to be blunt, are unreasonable. Let’s take a look at four common reasons that are seen
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