Many businesses are run by entrepreneurs with a do-it-yourself attitude. They are used to taking on more work to avoid having to pay someone to do a job they could do better. But even if you’ve handled every business decision up until now on your own, battling the...
Half of all business deals fall apart during the due diligence stage. Most of the time, it’s because a seller hasn’t disclosed something about their business to the buyer that is uncovered at a later date. But even if you reveal everything about your company upfront,...
It is like trying to sell you home, and there are no showings, most likely it is due to the price. Many times, it is due the fact the seller can not come to grips with the reality of the market or the real estate agent doesn’t have the guts to tell the...
Selling a business isn’t a sprint, it’s a marathon – one with a lot of hills and valleys. It will most likely be six to twelve months from the initial evaluation and marketing of your business until you sign the final sale contract. Along the way, you’re bound...
Working for yourself means giving up your sleep, prioritizing your schedule, and constantly striving to outdo yourself. Without unshakeable determination and measurable goals along the way, I wouldn’t have gotten as far as I am today. All that I am capable of is...
Recently had an opportunity to help a manufacture with bout 15-employees try to sell his business. All were 1099, even the office staff. This poses a big tax liability issue. Everything is fine until you get caught or there is an on the job accident....
