Over 4.5 million businesses are started in the United States every year and nearly 33 million already exist. One of the best ways for business owners to prepare for challenges is to obtain an annual business valuation. The purpose of a business valuation is to equip...Read More »
Whether you are starting, buying, expanding, or selling a business, it is important to have a strong business plan. A business plan is a document that outlines a business’s goals, strategies, operations, and financial projections. This document serves as a roadmap to...Read More »
When selling a business, a buyer will want a detailed business plan. While most companies have these, they aren’t usually ready to pass along to a new owner. In ten or fewer pages, a business plan summary can provide key facts that potential buyers want to see....Read More »
A business exit strategy is simply a plan for what will happen when you are ready to leave your business. Just like you have a clearly defined business plan to guide your business through the course of its life, you should have a plan for exiting. There are several...Read More »
Do you have an exit strategy for your business? Most small business owners have one. Those without an exit strategy frequently miss out. Whether you have one or not, the point is to plan for the future today, so that when the time comes to transition, you are...Read More »
