Economy or Retirement:  Preparing To Sell Your Small Business

O s                                       September - October, 2022                     Volume 17 -- Issue 97   There are major investment opportunities in many people’s lives.  Big time purchases should always be considered from the investment side of their bank statements and ledger pages.  Buying a home is a big one.  Investment in property or real estate is another.  Investing in art or precious metals are others.  Starting and ending a business is yet one more big time investment.  If you are at the end of the line with your company you need to be preparing to sell your [...]

By |2022-09-26T04:49:15-04:00October 10th, 2022|Sales, Strategic Management, Strategy, Succession Planning|

Selling Your Small Business – How to Get Started for Best Results

Why on earth would anyone want to sell their small business? With all of those favorable reasons to go out on your own, who would want to give it all up?  Pride, recognition and job security are a few of the positive features of owning your own business.  Long hours, major learning curves and staying afloat during a lagging economy are three less positive features of your own business. Selling your small business may be one way to avoid those less favorable business elements. Beside those pros and cons,  there are a number of very logical reasons a business owner [...]

By |2019-05-17T19:31:43-04:00May 31st, 2019|Sales, Strategy, Succession Planning|

Succession and Retirement Planning: Neither Should Be Ignored

How are you doing planning for your own retirement? Do you plan to keep your business alive even after you go away?  Stop putting things off.  Now is the time to address succession and retirement planning for your small business.  Give yourself the time necessary to accumulate a significant cache to fund your golden years.  You should probably started much sooner, but there is no time like the present to catch up. We read all the time about the need to create generous compensation and benefit packages to attract top talent for our small businesses.  Health care, paid holidays, paid [...]

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