Selling your business will be one of the largest financial and emotional decisions you ever make. The process could take six months to a year once your business has been listed for sale. But before you even get to that point, you will have to put a lot of time and...

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 to run...

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....

An old adage is that a confused buyer will not buy. So true when it comes to your Profit and Loss Statement (P&L) used to represent your business performance. The ideal situation is a P&L that requires no explanation. The more explaining that is needed, the...

When you sell a house, you often make small changes to it to increase the potential sale price and ensure it doesn’t stay on the market long enough to get stale. You might do things like replacing all of the flooring to make it uniform, fixing up the yard to create...

Had an inquiry from an Entrepreneur/Sales Person that had made significant money in the trading business, now owns businesses which are semi-passive, and is now looking for a new opportunity.   What is important to him is to have time, flexibility, and the...