Transitioning from business ownership to retirement
If you are in your 60's or 70's and own a business you may be thinking about retirement at some point. But for many business owners, this can be a scary thought. What do you do with all of your time?... Click here to read more...
Selling a family owned business
When it comes to selling a family-owned business there is no shortage of complicating factors, but one in particular pops up quite often. This article contains a true story about a popular family... Click here to read more...
if you own a company and are thinking about retiring, then you may be wondering: Should I sell my company myself or hire a business broker? Click here to read more...
When You Sell Your Business, EBITDA Is A Term You’ll Want To Know
In the world of mergers and acquisitions, we routinely use the acronym EBITDA. Some call it E-BIT-D-A. But most simply say E-bit-dah. Click here to read more...
What is a Heads of Agreement?
A Heads of Agreement, properly drafted, is a non-binding document which sets out the key terms of a proposed agreement between parties. Click here to read more...
Telling employees that you're selling your business
If you are a business owner and you are planning to sell your business, there are obviously many obstacles that you will need to face. One of those obstacles is informing all your employees about the... Click here to read more...
What documents do I need to show potential Buyers?
These are high-level financial documents that give potential buyers an indication of your success and will tell them off the bat whether they're interested in your business or not. You should limit... Click here to read more...
How long does selling a business take?
Every business sale is different, and it's hard to know exactly how long your business will take to sell. On average, businesses take at least six to nine months to sell, starting from the time you... Click here to read more...
How do I qualify a Buyer?
Before you start down the path of negotiating with a potential buyer, you'll most likely want to gauge their interest and financial capacity before you try to close the transaction. The following... Click here to read more...