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What to Do With Unsolicited Offers to Buy Your Business

November 16, 2021 By
For many owners, it’s the ultimate dream of running a business: a buyer approaches, offering to buy the business without any effort on your part. Even if you’ve never before considered selling your business, a particularly enticing offer might change your mind. After all, no one relishes the idea of marketing a business for months, negotiating for weeks or months more, and managing the myriad tiny details of selling a business. But wait. Before you sign on the dotted line,
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The Most Important Factors in Any Partnership Agreement

November 13, 2021 By
Every business has an array of important legal documents. However, the partnership agreement holds a unique and important place in your business and its future.  The facts are that many people choose to go into business with close friends or family members, and often these personal relationships lead to a forgoing of the partnership agreement. Don’t go this route, as it would be a major mistake. As a business owner, you have a responsibility to protect, maintain, and grow your
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Are You Truly Ready to Become a Business Owner?

November 6, 2021 By
People frequently dream of owning their own business, as ownership has a range of perks and benefits. However, it is important for prospective business owners to step back and consider if they are truly ready. In this article, we will explore three essential questions that you need to answer before taking the next step and buying a business. Question One – Do You Have the Right Personality Type? Truly not everyone has the right personality type to enjoy being a
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