This morning I was reviewing the week and some of the people and situations I dealt with. One gentleman in particular who was buying a business for his daughter (40 year old daughter) made a comment about the lack of sophistication of the sellers. I don’t think the comment was intended as an insult but […]
#buyabusiness
Out Wit, Out Play, Out Last….Your Career is Like a game of Survivor
Its only Tuesday and this week alone I have met three middle aged professionals downsized from their company positions. All bright, experienced, and vibrant. All caught by surprise by the lack f loyalty of their former employer. Long gone are the days of our fathers and grand fathers who worked for the same company for […]
Who do you hire for due diligence? CPA and Attorneys have a role!
Whether you are buying a business or selling one engaging the right professionals is critical to success. Of late I have seen some alarming seller / buyer comments regarding the cost of professional attorneys and or cpa’s when doing a deal or specifically due diligence on a business. Let me say bluntly and for the […]
This is a really nice instagram of the business…
This is a really nice instagram of the business selling process. A picture is worth a thousand words and the selling process of a business is unlike any other sales process. Talk to a professional because this in no way encompasses all the elements or nuances of the process. For more on the selling process […]
Valuing a Business
Properly valuing a business is often the most challenging part of the process for business buyers. However, it shouldn’t be overwhelming or difficult at all. First you should understand that valuation is an art and not a science. As a buyer, always keep in mind that the “Asking Price” is NOT the purchase price. In […]