Running a small business comes with many financial challenges. Often, these challenges are a major deterrent for individuals considering entrepreneurship. For this reason, the Small Business Administration has designed several loan programs to provide financial...Read More »
Selling a business can be a big undertaking, but if done right, one that can be very rewarding. There are many things you can do along the way to avoid common mistakes when selling a business. Below we address these and how you can perform adequate due diligence to...Read More »
Maximizing the value of your business is beneficial whether buying, selling, or growing a business. While there are many ways to do it, these are a few of the most essential drivers behind a successful business. Value drivers are a concise way to focus on what matters...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 »
Before selling your business, there is some prep work that needs to happen. A buyer will come with plenty of questions and if you don’t have the answers for them, they may not buy. Potential buyers want to know they are buying something prosperous. So before selling...Read More »