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10 Ways to Prepare Your Business For Sale

August 22, 2018 By
Successfully selling your business is all in the preparation. And preparation is all about seemingly small details. The more time you can take in advance, the more likely you are to shepherd your company to a successful sale. These 10 strategies can increase your chances of a truly successful exit: Make sure you really want to sell. If it’s boredom, age, finances, or something else driving a sale, this will be apparent to the buyer. Talk to a business broker,
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Key Elements for Every Partnership Agreement

August 11, 2018 By
You should never forget that your partnership agreement is, in fact, one of the most important business documents you will ever sign.  Many people go into business with loved ones, relatives or lifelong friends only to discover (once it’s too late) that they should have had a partnership agreement.  A partnership agreement protects everyone involved and can help reduce problems that may arise.  Outlining what will happen during different potential situations and events in a legal framework can help your
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Embracing Retirement and Selling: 4 Tips for a Smooth Transition

August 4, 2018 By
No one works forever.  Regardless of how much you love your business, sooner or later you will have to step away.  Owning a business can be very demanding.  This fact can be doubly true for owner-operators of businesses.  The simple fact is that you’ll have to embrace retirement at some point. Most business owners have never sold a business before and may not know what to expect.  The good news is that prospective buyers usually like the idea of buying
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