Confidentiality is an important factor in the successful sale of any business and should be taken seriously. Preserving the value-adding aspects of your business like your customer base, relationships with reliable vendors, experienced employees, and your market share helps you command a good price for your company. A breach in confidentiality can create havoc for […]
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How to Determine the Right Time to Sell Your Business
As it is with many things in life, timing is everything – especially when determining the right time to sell your business. Transworld presents the following list of questions that will you help determine if you should sell your business. Consider them carefully and answer them honestly: Am I ready to sell? Do I feel […]
Goodwill When Buying or Selling A Business
A business’s true worth is often far more than the value of its individual parts. When buying or selling a business, goodwill represents the value of the business that is above and beyond the worth of separately identifiable tangible business assets. Unlike physical assets, like buildings or equipment, goodwill is an intangible asset. What Are […]
Millenials and College Students….the Next Entreprenuers
Millenials and College students face a new age. Of late in the news we repeatedly are told of how college graduates are underemployed or can’t find jobs. As a parent of teens looking to enter that eventual pool, I say “Great”. The working world is not what I entered into in the early 1990’s. Manufacturing […]
Die on Your Sword
Recently I picked up on Gary Vanyerchuck and his videos. He is direct, blunt and says things we all think in a vernacular that may offend some but to coin a Gary V phrase “how gives a shit”. Vee’s genius is layered in common man speak and an in your face approach to life that […]