Guiding Entrepreneurs Toward Success
Buying a business is an opportunity to skip the growing pains of launching a startup. It’s a chance to start with a proven model with customers and cashflow. How can you tell if the prospective business is a genuine investment opportunity or a disguised escape route for a burnt-out owner? The following is a list …
20 Red Flags to Look Out for When Buying a BusinessRead More
How do I sell my business? Such a simple question. Unfortunately there is no simple answer. When it comes to selling a business, one size does not fit all. The answer is a series of additional questions that need to be addressed first: Have you considered what you will do once you are no longer …
We all know that every day is a gift; none of us know what tomorrow holds in store for us. As a business owner, one of the most important things you can do to preserve your business, your legacy and protect your family in the event of an unforeseen event is to have a detailed …
The Contingency Plan: Fulfilling Your Vision – Even if You Are Not Here to See ItRead More
Death taxes and selling your business. As 2020 has thankfully ended and you continue to plan for 2021, one of the most important questions you need to ask yourself is: Am I and my business prepared for the unplanned? As we all learned in 2020, the unplanned will pop up suddenly. A global pandemic, an …
We have all heard of the impending silver tsunami. The crashing sound of the baby boomers rushing to the exits to enter the world of retirement. It’s not of matter of “should I sell my business?” It’s a matter of “When should I sell my business?” It is estimated that the boomer generation will transfer …
