Blog

Red Flags are Not a Pretty Sight

April 7, 2018 By
When it comes to selling a business, sellers simply must pay attention to red flags.  Problems can always pop up, and that’s why they need to keep their eyes open. Rarely does a “white knight” ride in and rescue a business with no questions asked.  And if this were to happen, you should be asking, “Why?”  Until a deal is officially inked, sellers need to evaluate every aspect of a transaction to make sure something isn’t happening that could wreck
Read More

Buying? Selling? Seven Key Points to Consider

March 31, 2018 By
Buying or selling a business is one of the most important decisions that most people ever make.  Before jumping in, there are several points that should be taken into consideration.  Let’s take a moment to examine some of the key points involved in buying or selling a business. Factor #1 – What are You Selling? Whether buying or selling a business it is important to ask a few simple questions.  What is for sale?  What is not included with the
Read More

Who Exactly Owns Personal Goodwill and Why Does it Matter?

March 24, 2018 By
Personal goodwill can have a profound impact on both small and medium-sized businesses.  In fact, it can even impact the sales of larger companies. Ultimately, understanding how personal goodwill is cultivated is of great value for any company. During the process of building a business, a founder builds one or more of the following: a positive personal reputation, a personal relationship with key players such as large customers and suppliers and the founder’s reputation associated with the creation of products,
Read More