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When it comes to selling a family-owned business there are no shortage of complicating factors, but one in particular pops up quite often.  This article contains a true story about a popular family business that was built up from the ground up only to later meet a very sad ending.  While this is just one story, there are countless similar situations all across the country. Once upon a time, there was a family-owned pizza dough company that had millions in

Not everyone wants to sell when they feel as though they have to sell.  Life changes, such as divorce or illness, can trigger the sale of a business.  Everything from declining business revenue to partnership problems and more can send business owners scrambling for the exit sign.  However, selling isn’t always an option, especially for small businesses.  In this article, we will take a closer look at just such a situation. The business under consideration is a successful distribution business,

The old saying that “there is no replacement for experience” is a truism that has stood the test of time.  The simple fact is that a lack of experience can dismantle your deal. Consider the following scenario – a business owner nearing retirement owns a multi-location retail operation that is doing several million in annual sales.  He interviews a well-respected and experienced intermediary and is impressed. However, the business owner’s niece has recently received her MBA and has told her