Any good endeavor starts with a good idea – and the same is true for small businesses. While profit isn’t the only factor for a small business owner to consider, it’s an important place to start. Other factors to consider include whether the business matches your interests and skills, and what sort of barriers to […]
purchasingabusiness
Does Your Business have M&A Potential?
Know what it takes to qualify for the transactions and how the process works Because we are in a relatively active period for mergers and acquisitions, many business owners wonder if they qualify for consideration by firms pursing those transactions. Research recently completed by KPMG showed that 84% of firms they surveyed planned on completing […]
Are You Ready to Buy A Business
Once you have made the important decision to take control of your financial future by buying a business, you are bound to have questions about the purchasing process. Although the process of buying a business can be a bit confusing, answering five key questions even before you start your “Buying a Business Checklist” can help you simplify […]
Don’t Try to Sell a Business on Your Own: Why You Shouldn’t Go It Alone if You Want to Maximize Value
When it’s time to sell a business, some business owners might go it alone in an attempt to save the money needed for professional assistance. But selling a business alone can lead to many potential roadblocks: business owners can be distracted from their business, unable to find qualified buyers, and have trouble with proper valuation. […]
Packaging the Sale of Your Business: Making Your Company Marketable in a Crowded Field
When you are packaging your business for sale, the uniqueness of your business makes it more attractive to acquirers. Having unique factors such as a defined brand identity, along with practical qualities. like a dedicated customer base, is hugely beneficial to prospective buyers. Here are some examples of features that make a business stand out […]