Here is a scary statistic. 90% of all business buyers never ever complete a sale. The reasons for this are somewhat murky but in simplicty, it largely is a function of lack of education and a failure to follow a process. Buying a business is a major financial decision and investment and should […]
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The Uncomfortable Truth of Entrepreneur Education
The Uncomfortable Truth of Education Michael Shea PA Board Certified Intermediary at TransworldBusiness Advisors,Mergers & Acquisitions If your over 40 I am sure you have seen the movie starring Rodney Dangerfield called “Back to School”. In the film, Dangerfield plays Thornton Melon a self-made millionaire who decides to ‘enroll’ at his sons’ university. I love this […]
How to Get Started Building Your Own GIG Economy Business
How to Get Started Building Your Own Successful Gig-Economy Business An astonishing 51 percent of Americans admit to not feeling engaged with their job, mainly because they feel they’re working harder than ever without fair compensation. Even so, studies suggest that 54 percent of working adults don’t take all of their vacation time (even though […]
Small Business Owners Should Consider Acquisitions For Growth
Today was a big day in the world of Mergers & Acquisitions. Fortune 50 Companies were merging to gain synergy and improve channel growth. And it occurred to me that the same opportunity exists for small business as well. All too often Small Business Owners spend their time slugging it out between each other and […]
Confidentiality in the Business Sale and Why Is It So Important?
When you are buying or selling a business confidentiality is one of the most important factors. Now to the novice negotiator, buyer or seller with a lack of experience or understanding of all the things that can go wrong you may find that odd but let me explain. First….the sale of a business is a […]