• What You Need to Know About Foreign Buyers

    What You Need to Know About Foreign Buyers

    There is a potentially lucrative group of buyers that many sellers don’t initially think

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  • Essential Meeting Tips for Buyers & Sellers

    Essential Meeting Tips for Buyers & Sellers

    The buyer-seller meeting is quite often a “make or break” meeting.  Your business broker or

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  • The Main Street Lending Program

    The Main Street Lending Program

    There is no doubt that the COVID-19 situation seems to change with each and every day.  The

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  • Seller Financing: It Makes Dollars and Sense

    Seller Financing: It Makes Dollars and Sense

    When contemplating the sale of a business, an important option to consider is seller

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  • Negotiating the Price Gap Between Buyers and Sellers

    Negotiating the Price Gap Between Buyers and Sellers

    Sellers generally desire all-cash transactions; however, oftentimes partial seller financing is

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  • Getting Back to Business After the COVID-19 Pandemic

    Getting Back to Business After the COVID-19 Pandemic

    Historians have long known the historical relevance and impact of epidemics and pandemics. 

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  • COVID-19 Advice for Hospitality Businesses

    COVID-19 Advice for Hospitality Businesses

    Clearly, some industries are taking a bigger hit from COVID-19 than others.  Any industry that

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  • How to Make Remote Teams Accountable

    How to Make Remote Teams Accountable

    One of the many, many changes that COVID-19 has ushered in is the extreme uptick in people

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  • Now is the Time for Focus

    Now is the Time for Focus

    As of late April 2020, there is one thought at the forefront of the vast majority of businesses

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  • Questions for Helping Businesses Survive the COVID

    Questions for Helping Businesses Survive the COVID

    Developing Your 90-Day Plan Those who want to make sure their businesses survive this pandemic

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  • Great Tips for Selling Your Business

    Great Tips for Selling Your Business

    It takes preparation and focus to sell most businesses.  The reality of the situation is that

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  • It’s Time to Exit.  Are you Ready?

    It’s Time to Exit. Are you Ready?

    Thinking about whether or not you are ready to exit is an important question.  It’s something

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  • What You Need to Know About the Golden Age of Business Acquisitions

    What You Need to Know About the Golden Age of Business Acquisitions

    Business acquisitions are red hot, and all kinds of businesses are being snapped up.  Some

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  • Determining the Right Time to Sell

    Determining the Right Time to Sell

    Determining when it’s finally the right time to sell can be a tricky proposition.  If you are

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  • Should You Sell Your Family Business?

    Should You Sell Your Family Business?

    When the complicating variable of family is added to the equation of selling a business, the

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  • Why You Should Focus on Proper Exit Planning

    Why You Should Focus on Proper Exit Planning

    If you are like many business owners, you are primarily focusing on building your business. 

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  • The Top Ways to Create an Attention-Grabbing Sales Ad to Sell Your Business

    The Top Ways to Create an Attention-Grabbing Sales Ad to Sell Your Business

    A major part of selling your business is getting the word out.  After all, the more people that

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  • What Do You Need to Do to Get Your Business Ready to Sell?

    What Do You Need to Do to Get Your Business Ready to Sell?

    In his recent article in Smart Business entitled, “How to get your business, and yourself,

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  • Selling Your Business, Taxes & Tax Structures

    Selling Your Business, Taxes & Tax Structures

    It is never too early to start thinking about what tax structure you should use when it comes

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  • Understanding Corporate Social Responsibility (CSR)

    Understanding Corporate Social Responsibility (CSR)

    If you don’t exactly understand what corporate social responsibility (CSR) means, don’t worry. 

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  • Understanding M&A Purchasing Agreements

    Understanding M&A Purchasing Agreements

    M&A purchasing agreements can have a lot of moving parts.  A recent article from Meghan

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  • Key Mistakes that Could Impact Your Sale

    Key Mistakes that Could Impact Your Sale

    The old saying, “an ounce of prevention is worth a pound of cure,” most definitely applies to

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  • Exploring the Offering Memorandum

    Exploring the Offering Memorandum

    Are you a business owner who is interested in selling?  If so, there are some strategies you

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  • Effectively Utilizing Confidentiality Agreements

    Effectively Utilizing Confidentiality Agreements

    Every year countless great deals, deals that would have otherwise gone through, are undone due

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  • The Hidden Benefits of Planning Your Succession Strategy

    The Hidden Benefits of Planning Your Succession Strategy

    Succession planning is something that many business owners fail to think about; however, it

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  • Business Owners Can’t Always Sell When They Wish

    Business Owners Can’t Always Sell When They Wish

    A recent and insightful Forbes article, “Study Shows Why Many Business Owners Can’t Sell When

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  • Great Tips for Helping You Find a Buyer for Your Business

    Great Tips for Helping You Find a Buyer for Your Business

    No one keeps a business forever.  At some point, you’ll either want to sell your business or

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  • Q2 Small Business Transactions Take a Dip but Strong Market Remains

    Q2 Small Business Transactions Take a Dip but Strong Market Remains

    Small business transactions have been enjoying record numbers.  But as of the second quarter of

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  • The Variety of Variables Involved in Selling Your Business

    The Variety of Variables Involved in Selling Your Business

    Selling a business is more than a big decision, as it is also quite complex.  Finding the right

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  • How Employees Factor into the Success of Your Business

    How Employees Factor into the Success of Your Business

    Quality employees are essential for the long-term success and growth of any business.  Many

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  • A Must Read Article on Having Children Take Over the Family Business

    A Must Read Article on Having Children Take Over the Family Business

    In a recent Divestopedia article entitled, “Kids Take Over the Business? 8 Things to Consider,”

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  • Embracing Technology to Boost Your Business

    Embracing Technology to Boost Your Business

    Forbes author Keith Gregg’s, February 8, 2019 article, “Using Tech to Enhance and Sell a

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  • Thinking About Succession Planning

    Thinking About Succession Planning

    If you haven’t been thinking about succession planning, the bottom line is that you should be.

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  • Could the Red-Hot Market for Businesses Be Cooling Down

    Could the Red-Hot Market for Businesses Be Cooling Down

    The economy is red hot, and that fact is translating over to lots of activity in businesses

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  • Are you a “Baby Boomer” Business Owner?

    Are you a “Baby Boomer” Business Owner?

    What is so special about “Baby Boomer” business owners?  Well, there are a lot of them.  It is

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  • Considering Selling? Some Important Questions

    Considering Selling? Some Important Questions

    Some years ago, when Ted Kennedy was running for president of the United States, a commentator

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  • Is Your “Normalized” P&L Statement Normal?

    Is Your “Normalized” P&L Statement Normal?

    Normalized Financial Statements – Statements that have been adjusted for items not

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  • Do You Have an Exit Plan?

    Do You Have an Exit Plan?

    “Exit strategies may allow you to get out before the bottom falls out of your industry.

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  • Buying (or Selling) a Business

    Buying (or Selling) a Business

    The following is some basic information for anyone considering purchasing a business. Is may

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  • The Deal Is Almost Done — Or Is It?

    The Deal Is Almost Done — Or Is It?

    The Letter of Intent has been signed by both buyer and seller and everything seems to be moving

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  • Selling Your Business? Expect the Unexpected!

    Selling Your Business? Expect the Unexpected!

    According to the experts, a business owner should lay the groundwork for selling at about the

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  • Selling a Business: How Long Does It Take?

    Selling a Business: How Long Does It Take?

    A recent survey revealed that the average time between listing and sale was 9 months. Why does

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  • The Pre-Sale Business Tune-Up

    The Pre-Sale Business Tune-Up

    Owners are often asked, “do you think you will ever sell your business?” The answer

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  • Buying or Selling a Business: The External View

    Buying or Selling a Business: The External View

    There is the oft-told story about Ray Kroc, the founder of McDonalds. Before he approached the

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  • Burnout: An Ever-Present Threat

    Burnout: An Ever-Present Threat

    Burnout is an often-used reason for an owner selling his or her business. Potential buyers may

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  • Key Items Necessary for Selling a Business

    Key Items Necessary for Selling a Business

    Three years of profit and loss statements Federal taxes for the same three years Current list

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  • What Makes a Business Unique

    What Makes a Business Unique

    Most business owners think that their business is unique. There are obviously many different

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  • Are You Serious?

    Are You Serious?

    There are three good questions to consider before selling your business. First, “Do you

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  • Selling Your Business? Do-It-Yourself is Risky Business!

    Selling Your Business? Do-It-Yourself is Risky Business!

    When the owner of a business makes the decision to sell, he or she is taking a giant step that

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  • What Sellers Can Do

    What Sellers Can Do

    In addition to using a business broker, there are specific steps you can take to increase the

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  • And a Letter of Intent Is…

    And a Letter of Intent Is…

    The Letter of Intent (LOI) is a pre-contractual written instrument prepared by the buyer for

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  • Selling Your Business? Not So Fast

    Selling Your Business? Not So Fast

    Most individual company owners only sell one business in their lifetime. A corporate buyer,

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  • Why Deals Fall Apart

    Why Deals Fall Apart

    There are lots of reasons why the sale of a business falls apart. The reasons can be grouped

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  • Pre-Sale Tuneup

    Pre-Sale Tuneup

    Business owners are often asked, “Do you think you will ever sell your business?” The answers

    Read more
  • Thinking About Selling?

    Thinking About Selling?

    Here are some tasks business owners should consider completing before going to market to help

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  • When Is the Best Time to Sell Your Business?

    When Is the Best Time to Sell Your Business?

    Many experts say that the best time to sell is when the business is better than it’s ever been.

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  • Confidentiality Agreement – What Is It ?

    Confidentiality Agreement – What Is It ?

    Confidentiality Agreement – A pact that forbids buyers, sellers, and their agents in a

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  • Are You Ready To Sell?

    Are You Ready To Sell?

    …….What a “loaded” question you may think, but the reality is that almost no

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  • 10 Questions A Seller Should Ask A Broker

    10 Questions A Seller Should Ask A Broker

    Are you a Certified and Registered Broker/Intermediary? Are you affiliated with any business

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  • FOR YOUR CONSIDERATION

    FOR YOUR CONSIDERATION

    BUYERS WANT CASH FLOW Recasting financial statements will help you provide a potential buyer

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  • TEN STEPS FOR A SUCCESSFUL SALE

    TEN STEPS FOR A SUCCESSFUL SALE

    Your reason(s) for selling your business and your future goals need to be clear and well

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  • Is It Time to Raise Prices?

    Is It Time to Raise Prices?

    Increasing the price of your products or services is, in most cases, the most difficult

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  • Visiting Your Lease Again

    Visiting Your Lease Again

    When is the last time you reviewed the lease on your business premises? When you signed it

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  • What are Business Buyers Really Looking For?

    What are Business Buyers Really Looking For?

    The obvious answer is probably that most people are looking to buy a business that makes a lot

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  • Why Sellers Won’t Sell

    Why Sellers Won’t Sell

    A recent survey asked leading business brokers and intermediaries: What is the seller’s biggest

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  • The Numbers Don’t Tell the WholeStory

    The Numbers Don’t Tell the WholeStory

    You’re considering selling your business.  Your accountant or financial advisor has reviewed

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  • Price or Terms: The Structure of the Deal

    Price or Terms: The Structure of the Deal

    An old saying in negotiating the sale of a business goes like this: The buyer says to the

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  • Selling Checklist

    Selling Checklist

    Thinking About Selling? Here are some tasks business owners should consider completing before

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  • Is Your Business Saleable?

    Is Your Business Saleable?

    Many business owners probably have asked themselves this question. There are many unique and

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  • You Want How Much for Your Business?

    You Want How Much for Your Business?

    This is often a prospective buyer’s first response when given the price of a seller’s business.

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  • A Business Owner’s Report Card

    A Business Owner’s Report Card

    How does someone else, for example, a potential buyer, rate your business on the issues listed

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  • Is It Time to Make Some Changes?

    Is It Time to Make Some Changes?

    One of the major advantages of small and mid-sized businesses is that it is much easier to make

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  • Selling Price Defined

    Selling Price Defined

    When the time comes to sell your business, what makes up the selling price. What is it that you

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  • Questions Business Buyers Want Answers To

    Questions Business Buyers Want Answers To

    If you are even thinking about selling your business, it’s important to know the questions that

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  • What Happens If?

    What Happens If?

    You may not have any intention of selling your business today. But, what happens to your

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  • Increasing the Value of Your Business

    Increasing the Value of Your Business

    Considering selling your business? Just want to increase the value of your business? Here are

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  • Unreported Income: “Show Me the Money!”

    Unreported Income: “Show Me the Money!”

    Prospective buyers don’t want to hear about “what the business really makes” – they want to see

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  • The Highest Price Vs. The Best Deal

    The Highest Price Vs. The Best Deal

    Naturally, sellers want the highest price they can get for their business. In come cases,

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  • What’s Selling Now?

    What’s Selling Now?

    A recent survey revealed the following percentage breakdown of last year’s business sales by

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  • Where Your Business Is Located Can Affect Its Price

    Where Your Business Is Located Can Affect Its Price

    The most recent editions of BizComps, the leading resource for comparable sales data

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  • What Will Your Buyer Be Looking For?

    What Will Your Buyer Be Looking For?

    The buyer loves your business; it’s just what he or she has been looking for.  He has reviewed

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  • A Seller’s Major Concerns

    A Seller’s Major Concerns

    For many owners, selling their business is a new experience, and there is always the fear of

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  • What is a Contingency?

    What is a Contingency?

    A contingency in the sale of a business is a condition in the contract of sale or offer that

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  • A Lease Primer

    A Lease Primer

    The following is provided as a simple explanation of common leasing arrangements within a small

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  • Don’t Take the Lease for Granted

    Don’t Take the Lease for Granted

    The cliché is that the key to business success is: location – location – location.

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  • The Very Expensive Desk Lamp

    The Very Expensive Desk Lamp

    This is a story based on a true incident – only some of the details have been changed.

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  • How Important is the Asking Price?

    How Important is the Asking Price?

    Depends on whom you are asking. If you’re the seller, you might say that the asking price

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  • Why Your Business Won’t Sell

    Why Your Business Won’t Sell

    What are the odds of your business actually selling once you have made the decision to sell?

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  • Selling Your Business — What’s the Reason?

    Selling Your Business — What’s the Reason?

    There was a study done, years ago, that showed that the reason businesses were for sale had a

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  • Finding a Buyer Is Just the Beginning

    Finding a Buyer Is Just the Beginning

    Many people who are selling their business think that once they find a buyer, the business is

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  • Selling a Business?

    Selling a Business?

    Prepare for new management. As soon as you make the decision to sell, begin doing what you can

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  • Selling Your Business — Some Key Questions and Answers

    Selling Your Business — Some Key Questions and Answers

    Selling your business is a major decision! You have devoted your time, money and energy to

    Read more
  • Don’t Let Sleeping Dogs Lie

    Don’t Let Sleeping Dogs Lie

    If you’re considering selling your business, and you are employing a professional

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  • Ten Mistakes that Sellers Make

    Ten Mistakes that Sellers Make

    1. Not knowing what the business should sell for One of the most costly errors a business owner

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  • A Few Things to Consider

    A Few Things to Consider

    Buyers Want Cash Flow The first thing to keep in mind is that the vast majority of buyers want

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  • A Seller’s Checklist of Do’s and Don’ts

    A Seller’s Checklist of Do’s and Don’ts

    Do have all of your business documentation ready. Everything starts with it. Don’t

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  • Meet the Customers

    Meet the Customers

    Some of you might remember the commercial for one of the major airlines in which a business

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  • The Buy-Sell Agreement: No Business Should Be Without One

    The Buy-Sell Agreement: No Business Should Be Without One

    In the day-to-day activity of making a business work, many owners overlook the importance of

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  • What Makes a Deal Close?

    What Makes a Deal Close?

    For every reason that a pending sale of a business collapses, there is a positive reason why

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  • Secrets to Closing the Sale Successfully

    Secrets to Closing the Sale Successfully

    There are several things to consider when buying or selling a business. The most important is

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  • Don’t Sell Before You’re Ready

    Don’t Sell Before You’re Ready

    The buyer and seller have both agreed on the sale price and the terms of the transaction.

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  • Adding Value to Your Business

    Adding Value to Your Business

    If you are considering selling your business, remember that there are positive factors that

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  • The Small Business Market: Reading Between the “Negative” Lines

    The Small Business Market: Reading Between the “Negative” Lines

    Experienced buyers of large businesses have tended to spurn the smaller business, citing

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  • When Selling Your Business, Play to Win

    When Selling Your Business, Play to Win

    If you are an independent business owner, you are most likely also an independent business

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  • Ten Ways to Cut It

    Ten Ways to Cut It

    It’s easy to be negative about cost-cutting. “Everything just costs more,” a

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  • The Entrepreneur: Both Sides

    The Entrepreneur: Both Sides

    Strong Points Flexible and positive attitude Creative and comfortable with risk-taking

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  • Success in the 21st Century: Do You Have What It Takes?

    Success in the 21st Century: Do You Have What It Takes?

    Now that we crossed that much-heralded bridge to the 21st century and once on the other side,

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  • When Selling Your Business: Confidentiality Is Key

    When Selling Your Business: Confidentiality Is Key

    You’ve make the big decision to sell. Your books are in order, you’ve spiffed up

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  • Strong Selling Points: Let Your Strengths Work for You

    Strong Selling Points: Let Your Strengths Work for You

    “Independent business owner” is a phrase with two meanings. Of course, it means

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  • What Every Seller Should Know

    What Every Seller Should Know

    Selling your business is a major decision! You have devoted your time, money and energy to

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  • Be a Winning Seller: Good Negotiation is the Key

    Be a Winning Seller: Good Negotiation is the Key

    You’ve made the big decision to put your business on the market. Your reasons for selling

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  • Ten Steps to the Successful Sale of a Business

    Ten Steps to the Successful Sale of a Business

    1. Make sure you have a valid reason for selling your business. Don’t decide to sell

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  • Under-Reporting Comes Under Fire

    Under-Reporting Comes Under Fire

    What is the true income of an independent business? This is a question of interest to many

    Read more
  • Consumers Voice Complaints: And Business Owners Should Listen

    Consumers Voice Complaints: And Business Owners Should Listen

    “Your salespeople didn’t listen when I placed my order, and when I wrote a letter

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  • The Big Question: Independent versus Employee Status

    The Big Question: Independent versus Employee Status

    Are your workers independent contractors or employees? This is a compelling question,

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  • Selling Your Business? Follow These Ten Commandments To Avoid Wrecking the Deal.

    Selling Your Business? Follow These Ten Commandments To Avoid Wrecking the Deal.

    1. Place a reasonable price on your business. Since an inflated figure either turns off or

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  • How Do You Say “Hello”?

    How Do You Say “Hello”?

    Answering services, message machines, voice mail, “on hold” music, speaker phones .

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  • What Makes the Sale of a Business Fall Through?

    What Makes the Sale of a Business Fall Through?

    There are myriad reasons why the sale of a business doesn’t close successfully; these

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  • Prior to Closing — Red Flags from the Seller’s Viewpoint

    Prior to Closing — Red Flags from the Seller’s Viewpoint

    Buyers are expected to perform a thorough due diligence on both the business and the seller(s).

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  • Reasons for Sale

    Reasons for Sale

    The reasons for selling a business can be divided into two main categories. The first is a sale

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  • “Loose Lips Sink Ships”

    “Loose Lips Sink Ships”

    The “loose lips” tagline was a common World War II phrase and was on posters everywhere. The

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  • Dealing with Inexperience Can Ruin the Deal

    Dealing with Inexperience Can Ruin the Deal

    The 65-year old owner of a multi-location retail operation doing $30 million in annual sales

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  • Small Companies That Can’t Afford to Sell

    Small Companies That Can’t Afford to Sell

    In many cases, the sale of a small company is “event” driven. That is, the reason for sale is

    Read more
  • The Key Ingredient to Selling Your Company

    The Key Ingredient to Selling Your Company

    Business Appraisers, before beginning an assignment, like to know the purpose of the appraisal.

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  • Are You Charging Enough?

    Are You Charging Enough?

    A buyer was interested in a building products manufacturer that did $70 million a year in

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  • Before You Sell Your Family-Owned Business

    Before You Sell Your Family-Owned Business

    There once was a family-owned bakery that had sales in the millions. The bakery sold bread to

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  • Selling: Do You Need a Fairness Opinion?

    Selling: Do You Need a Fairness Opinion?

    Much has been written about “fairness opinions” due to the financial manipulations among

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  • What Do the Following Companies Have in Common?

    What Do the Following Companies Have in Common?

    This is just a partial list: Church’s Chicken, Uno Chicago Grill, Charlie Brown’s, Domino’s

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  • Does Your Company Have Pricing Power?

    Does Your Company Have Pricing Power?

    If Starbucks raised the price of a cappuccino, sales most likely would not be affected. If your

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  • A Seller’s Dilemma

    A Seller’s Dilemma

    When one sells their house, the best deal is usually the highest price.  When one decides to

    Read more
  • What’s Your Business REALLY Worth?

    What’s Your Business REALLY Worth?

    A recent article in INC magazine titled”Street Smarts,” by Norm Brodsky (his column is worth

    Read more
  • Is Your Company Hiding an “Orphan”?

    Is Your Company Hiding an “Orphan”?

    Does your business have an orphan product or service that is doing okay, but doesn’t seem to

    Read more
  • Keys to Improving the Value of Your Company

    Keys to Improving the Value of Your Company

    The first key is to have your accountant take a look at your accounting procedures and make

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  • What Are Your Company’s Weaknesses?

    What Are Your Company’s Weaknesses?

    Every company has weaknesses; the trick is to fix them.  There is a saying that the test of a

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  • When Is A Company In Trouble?

    When Is A Company In Trouble?

    Companies can be in trouble or headed for it for many reasons.  However, most of them can be

    Read more
  • What Sellers Don’t Expect When Selling Their Companies

    What Sellers Don’t Expect When Selling Their Companies

    In the proverbial “perfect world,” business owners would plan three to five years ahead to sell

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  • How Does Your Company Rate?

    How Does Your Company Rate?

    Valuation of private companies is much more subjective than public companies because there is

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  • Points to Ponder for Sellers

    Points to Ponder for Sellers

    Who best understands my business? When interviewing intermediaries to represent the sale of

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  • Mistakes Sellers Make

    Mistakes Sellers Make

    • They neglect to run their business during the sales process. – The owner of a business with

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  • Fairness Opinions

    Fairness Opinions

    Since one often hears the term “fair value” or “fair market value,” it would be easy to assume

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  • Learn the Dynamics and Save the Deal

    Learn the Dynamics and Save the Deal

    Many business owners are unfamiliar with the dynamics of selling a company, because they have

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  • Expediting Change Post-Closing

    Expediting Change Post-Closing

    The deal is done and you have completed the closing.  Now what do you do?  You help the new

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  • Selling: What Does An Intermediary Expect From You

    Selling: What Does An Intermediary Expect From You

    If you are seriously considering selling your company, you have no doubt considered using the

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  • Surveying the Business Scene: How Many Sell?

    Surveying the Business Scene: How Many Sell?

    One of the most frequently-asked questions by those looking at the independent business scene

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  • Rating Buyer Seriousness

    Rating Buyer Seriousness

    Use the following criteria to separate the serious buyers from window-shoppers. (Add up plus

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  • Family-Owned Businesses Do Have Choices

    Family-Owned Businesses Do Have Choices

    Family-owned businesses do have some options when it comes time to sell.  Selling the entire

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  • Who Is Today’s Buyer?

    Who Is Today’s Buyer?

    It has always been the American Dream to be independent and in control of one’s own destiny.

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  • Why Deals Fall Apart — Loss of Momentum

    Why Deals Fall Apart — Loss of Momentum

    Deals fall apart for many reasons – some reasonable, others unreasonable. For example: • The

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  • How’s Your Corporate Social Responsibility (CSR)?

    How’s Your Corporate Social Responsibility (CSR)?

    Your first question may be, “Just what is Corporate Social Responsibility (CSR)?” We see CSR

    Read more
  • Personal Goodwill: Who Owns It?

    Personal Goodwill: Who Owns It?

    Personal Goodwill has always been a fascinating subject, impacting the sale of many small to

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  • Ownership Transition — Survey Results

    Ownership Transition — Survey Results

    Mass Mutual Life Insurance Company provided the following survey results based on family-owned

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  • An Update on Earnouts

    An Update on Earnouts

    New accounting rules may require that acquirers and acquiring companies report earnout

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  • Remember: It Is Not Always the Price

    Remember: It Is Not Always the Price

    The following are situations where the price was not the deciding issue in the successful sell

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  • The Three Ways to Negotiate

    The Three Ways to Negotiate

    Basically, there are three major negotiation methods. 1. Take it or leave it. A buyer makes an

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  • Due Diligence — Do It Now!

    Due Diligence — Do It Now!

    Due diligence is generally considered an activity that takes place as part of the selling

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  • The Offering Memorandum

    The Offering Memorandum

    A solid, factual and compelling offering memorandum maximizes the chances of not only selling a

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  • Considerations When Selling…Or Buying

    Considerations When Selling…Or Buying

    Important questions to ask when looking at a business…or preparing to have your business

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  • Reasons to Sell / Reasons to Acquire

    Reasons to Sell / Reasons to Acquire

    A January 2004 survey conducted by the DAK Group/Rutgers found the following breakdown of why

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  • Keys to a Successful Closing

    Keys to a Successful Closing

    The closing is the formal transfer of a business. It usually also represents the successful

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  • Seller Financing — How a Broker Can Help

    Seller Financing — How a Broker Can Help

    Another important factor relating to the asking price is the amount of cash involved in the

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  • Why Seller Financing?

    Why Seller Financing?

    Many business owners would like to receive all-cash for their business when selling. And yet

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  • Financing the Business Sale — Some Questions to Answer!

    Financing the Business Sale — Some Questions to Answer!

    Structuring the purchase of a business is an issue that should be faced early in the selling

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  • Seller Financing: It Makes Dollars and Sense

    Seller Financing: It Makes Dollars and Sense

    When contemplating the sale of a business, an important option to consider is seller financing.

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  • What Is Goodwill?

    What Is Goodwill?

    In the practical sense, when selling a business, goodwill is all the hard work and effort the

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  • Confidentiality Agreements

    Confidentiality Agreements

    “Confidentiality Agreement – A pact that forbids buyers, sellers, and their agents

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  • The Anatomy of a Deal

    The Anatomy of a Deal

    The following might be a subtitle for this true account of how one deal was put together:

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  • “Red Flags” in the Sunset

    “Red Flags” in the Sunset

    Unlike that poetic title of an old-time standard song, Red Sails in the Sunset, red flags are

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  • The Confidentiality Myth

    The Confidentiality Myth

    When it comes time to sell the company, a seller’s prime concern is one of

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  • Does the Deal Fit?

    Does the Deal Fit?

    “The most successful integrations were directed by people who placed the common good of

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  • Selling Your Company — Some Key Points

    Selling Your Company — Some Key Points

    Settle all litigation and environmental issues before putting the company on the market. Hire a

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  • A Selling Memorandum

    A Selling Memorandum

    A sellers memorandum includes all those points one would normally expect to see in any business

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  • Common Seller Questions

    Common Seller Questions

    How long does it take to sell my business? It generally takes, on average, between five to

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  • You Can Help!

    You Can Help!

    You, as the seller, are an integral part of the total marketing program. We would like to offer

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  • Are You Ready to Exit?

    Are You Ready to Exit?

    If you’ve gone this far, then selling your business has aroused enough curiosity that you

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  • 10 Tips for a Successful Sale

    10 Tips for a Successful Sale

    1.Sellers should find out the loan value of the fixtures, equipment and machinery prior to a

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  • Why Your Company Needs a Physical

    Why Your Company Needs a Physical

      Many executives of both public and private firms get a physical check-up once a year.

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  • What Makes Your Company Unique?

    What Makes Your Company Unique?

    There are unique attributes of a company that make it more attractive to a possible acquirer

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  • The Term Sheet

    The Term Sheet

    Buyers, sellers, intermediaries and advisors often mention the use of a term sheet prior to the

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  • Is This the Right Time to Sell?

    Is This the Right Time to Sell?

    “Whatever the reason, there should be something other than dollars that motivates you to

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  • Tips on Avoiding the Dealbreakers

    Tips on Avoiding the Dealbreakers

    One of the most important steps is to hire the right advisors. This begins with the right

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  • Do You Have an Exit Plan?

    Do You Have an Exit Plan?

    “Exit strategies may allow you to get out before the bottom falls out of your industry.

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  • What Is Burnout?

    What Is Burnout?

    Burnout can come with a business that’s successful as well as with one that’s

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  • Expanding Your Business

    Expanding Your Business

    The term “growing the business” seems to be the term of choice for business people who discuss

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  • Happy Employees Can Increase Profits…and Value

    Happy Employees Can Increase Profits…and Value

    Happy employees mean happy customers and clients. An unhappy employee can mean loss of business

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  • Take a Look at Your Lease

    Take a Look at Your Lease

    If your business is not location-sensitive, that is, if your business location is immaterial to

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  • What Do Buyers Want to Know?

    What Do Buyers Want to Know?

    What is the required capital investment? What is the annual net increase in sales? What is in

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  • Rating Today’s Business Buyers

    Rating Today’s Business Buyers

    Once the decision to sell has been made, the business owner should be aware of the variety of

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  • Why Do People Go Into Business?

    Why Do People Go Into Business?

    41% joined the family business 36% wanted more control over their future 27% tired of working

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