Why does nobody want to buy my business? 80% of businesses listed for sale never sell. If you have been counting on the proceeds from the sale of your business to fund your retirement, the burden of not being able to sell can be devastating. A good market strategy for any products or service is …
Worried About Selling Your Business? You’re Not Alone
If you’re a business owner looking to retire soon, chances are you have a lot on your mind. You might be asking yourself: Am I really ready to retire? Is my business worth enough to warrant a buyer? If I do sell, will what I get be enough to help me live in retirement comfortably? …
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How to Sell Your Business For What it’s Worth
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 …
How to Determine What Your Business is Worth: A Complete Guide.
What is my business worth? Ultimately, the person writing you a check for your business is the ultimate arbiter of the value of your business. Unfortunately, that is not the time you want to understand what someone is willing to pay for your business and why. Having a realistic understanding of the value of your …
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Do I really need an Exit Plan?
Do I really need an Exit Plan? “In this world nothing can be said to be certain, except death and taxes”. This quote has been widely attributed to Benjamin Franklin and has endured for hundreds of years. I would like to add a third certainty to this phrase; “at some point you WILL exit your …
Should I sell my business?
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 …
Financing Your Business
Proper financing is the lifeblood of your business, and the financing you choose impacts how you will grow. This blog post describes the four most common ways of financing your business as well as sources and forms of financing.
The Role of the Coach
Major league batting champions work with club-provided and personally hired hitting coaches. PGA tournament winners have swing coaches. These highly trained athletes at the top of their game use coaches. Why? Read this post to find out.