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...
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...
Are you thinking about selling your business? One of the most important decisions to make is determining the listing price. Listing a business too low may leave money on the table. While asking too much, may put off potential buyers. And if it sits on the market too...
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...
Technically speaking, you can’t legally sell or transfer a sole proprietorship. However, you can transfer ownership of the business by transferring the ownership of relevant assets. Once you transfer the ownership, the company dissolves. The buyer can then use the...
