Preparing Your Business

All small businesses eventually change hands in some way, shape, or form. In light of the fact that the percentage of businesses that sell successfully hovers around 30%, you might think it prudent to learn the key lessons to selling your business successfully — and avoid how your business might change hands otherwise. Despite certain…

If you’re like many business owners, you might have envisioned yourself staying with the company indefinitely (or at least until the end of your working years). After all, building a successful business is a lifelong dream. How could you get tired of that? Even if running your business is generally a joyful affair, you might…

Many people say that your employees are your business. As cliché as it may sound, it’s true. With strong employees, your business can reach new heights. With weak ones, its performance may suffer. If you’re selling your business, prospective buyers will understandably want to know if your best employees will stay on. People certainly add…

Knowing when to sell or exit your business may be planned or sudden, but if you’re a business owner, it’s important to have an exit strategy in place before the decision. This article will outline an exit strategy for your business so you can move forward when the time comes. If you’re selling your business…