The last thing that any business owner wants is for a sale to fall through over something that was completely preventable. The good news is that with proper preparation and planning, these mistakes can be minimized or avoided altogether. Workforce…
The first, and most important, point is that my crystal ball is broken. I hate to disappoint you, but I do not know what is going to happen to the business sales market in 2024. We can, however,…
There are many different strategies that will likely be deployed during the sales process. In this article, we’ll focus on how to utilize the Confidential Business Review CBR and/or CIM. Frequently, the Confidential Business Review is also referred to as…
There are a number of the reasons why a business doesn’t close escrow successfully. Some deals unravel because of the seller, some because of the buyer and even more unfortunately; some are caused by third parties. Regrettably, the reasons are…
Great deals can quickly be derailed when confidentiality agreements are not properly used and observed. The number of headaches that can occur due to a failure to follow the requirements of a confidentiality agreement are rather extensive. Whether it is…
Owning a seasonal business comes with its unique set of challenges and opportunities. Whether you run a beachside ice cream stand, a ski rental shop, or a holiday decorations store, understanding the optimal time to sell your seasonal business…
For most entrepreneurs, finding the money to launch their first business stands as a tremendous challenge. The good news is that getting a loan through the Small Business Association (SBA) is turning out to be a viable option for many…
There can be no doubt that the quality of your employees will directly impact the quality of your business and its long-term value. Employee quality and the success of your business are intrinsically linked. Unfortunately, far too many entrepreneurs learn…
Last week, we had a couple come by our office who were looking at buying their first business. After an introduction to a summary profile document on several businesses, there were a couple that caught their attention. I suggested that…
In the day-to-day routine of running your business, it is easy to forget that eventually the day will come when you need to sell. The last thing that any business owner wishes to discover is that they are ready to…
The Liberty Group of Nevada announced Kelly Brandon has been named administrative assistant for the firm. In her new role, Brandon will be responsible for providing administrative support to the brokerage firm team in various areas including marketing, lead generation,…
Are you a first-time business buyer? If so, it is critical that you work with a business broker or M&A advisor. If you’ve never purchased a business before, you simply can’t anticipate all that is involved in buying a business. …