Online Article Archive

It is fortunate that most offices in the Unites States are located in large office buildings, located way above the ground level. That’s not say that there aren’t offices in those places where they flooded. The office is a unique environment since the valuables which water damage restoration attempts to save, may not be totally […]

Most business owners have a thought in back of their minds that they will at some point (hopefully), sell their business for lots of money. Who can blame them? After all, isn’t this part of the allure of getting into your own business?
While there are drastic differences between selling a business and a piece of […]

Before even asking questions about what wealth managers do and where to find one, most people will want to know if wealth management is even relevant for their business. Below are common questions, and answers, about wealth managers.
DO YOU NEED ONE?
You don’t have to have to be a Rockefeller to secure the services of […]

Most company owners sell the company themselves. Whereas homeowners use brokers (Realtors) 90% of the time, sellers of companies use brokers only about 30% of the time.
When is it a good idea to use a broker?
If the seller thinks that it will be difficult to run the company AND put in the […]

Personal events involving the owners or senior management are what usually raise the question: is it time to sell the company. For the most part, the decision to sell is made for personal reasons. We discuss the most common reasons for a sale and goals of a sale below.
1) Fatigue: the owner-CEO wears several […]

With so many other things to keep track of when selling a business it’s hard to keep in mind all of the factors that will affect purchase price and deal terms. Below I highlight and discuss some of the most important factors.
Recent Performance:
Over the past 2-3 years is the business growing, flat, or […]

Most small business sales are financed, at least in part, by the sellers themselves. Offering seller financing puts the seller in a stronger position to get a better price and a faster sale.
Buyers nearly always need seller financing. Their advisors strongly recommend it. Seller financing acts like a bond for performance to assure […]

Like everything else in life, the answers to these two questions are more complicated than most people expect. The principles of selecting a business appraiser, however, are fairly straight forward.
Both sellers and buyers need business appraisals. There are many varied reasons for needing to know what a business is worth. They range from selling […]