SYNOPSIS: “EVERY FAMILY’S BUSINESS” 12 COMMON SENSE QUESTIONS TO PROTECT YOUR WEALTH “Every Family’s Business”, Written by Thomas William Deans, Ph. D. is on the New York Times: 10 Books Business Owners Should Read Preface “Only one third of all family businesses make it to the second generation. Only 10% of that one third make […]
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When You Are Ready to Sell Will Your Business Be Ready?
WHEN YOU’RE READY TO SELL YOUR BUSINESS, WILL YOUR BUSINESS BE READY TO SELL? It’s been estimated that the owner of a typical small- to medium-sized business has up to 90% of their personal net worth tied to their business. Their retirement plan is simple: Sell the business for a whole lot of money and […]
The Role of Seller Financing In a Deal
ROLE & IMPORTANCE OF SELLER FINANCING IN SELLING A BUSINESS Almost without exception, all business sellers would prefer to get 100% of their selling price in cash at closing – and for some very good reasons. Most sellers have heard horror stories about other sellers who sold their business for little or no cash down, […]
8 Tips to Finding The Best Business Broker
Selling your small business for the highest price is the result of years of dedication and persistence and the dream of many entrepreneurs. Finding buyers for your business sale can be difficult if you aren’t in a hot industry or lack unsolicited offers. An option to gain access to a larger pool of buyers […]
Steps For Buying A Business
Buying an existing business is often less risky than starting from scratch. The main reason being that the business has already established a customer base, a marketing strategy, employees and cash flow. That being said, the idea of buying a business may seem daunting. Do not let that stop you! There are some clear, and […]