You have a key employee or family member interested in taking the reigns of the business. How can you make sure the transition of ownership goes smoothly and is successful? There are many strategies and tips to help with this process. But remember it takes time to...
With the ever-increasing volume of businesses for sale, selling to a trusted employee can be a good option for sellers. This is true especially for sellers eager to achieve a faster and smoother exit. Below we discuss the benefits of selling a business to an employee...
Corporations are one of the easiest corporate structures to transfer ownership in. This is the case whether the ownership is part of the company or the whole company. Below we discuss transferring ownership in a corporation and specific guidelines for S-corporations...
Are you wondering how long it takes to sell a business? Many business owners think it will take about five months. In reality, the average time it takes to sell a business is between six and ten months. This can be a long waiting period for an eager to exit business...
A limited liability company (LLC) is a business structure that is well-known for the flexibility it provides business owners. It combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. Each owner in an...
Has your business been up for sale for months now? Or maybe you are getting ready to sell your business. Thousands of businesses each year are on the market. However, nearly 80% of small business owners walk away rather than selling their business. Why you may ask? As...
