by Jenna Washatka, Director at Penn Mutual On June 6, 2024, the Supreme Court affirmed the Eighth Circuit’s opinion in Connelly v. United States in a unanimous 9-0 decision. This decision shocks the buy-sell system and will significantly impact buy-sell planning…
As seen in Northern Nevada Business Weekly, The Liberty Group of Nevada is pleased to announce that Kathryn Guthrie and Stewart Guthrie were recognized in the 2023 IBBA Member Excellence Awards. Kathryn Guthrie and Stewart Guthrie each received an…
If you frequently find that your customers prefer to speak directly with you rather than your employees, it may be beneficial to reevaluate your structure in order to enhance your business’s value. A business capable of thriving independently of…
In the dynamic world of business, differentiation is not merely beneficial—it’s essential. Companies that establish a distinctive niche are not only more memorable but typically more prosperous. The Power of Specialization What makes a company extraordinary? The key is…
By Buzz Harris In every business, whether it’s manufacturing a product, providing a service, publishing a newspaper, or trying to sell a business, there are some fundamental steps that separate those who are successful from those who aren’t. Some of…
Selling a business is a monumental decision that hinges on multiple factors. It’s not just about the numbers; it’s about understanding the market, preparing your business for sale, and recognizing the right moment to step away. Here’s a guide on…
Have you ever felt like you are stuck in the daily grind of running your business, while losing sight of your bigger vision and goals? Do you struggle to delegate tasks and free up time for yourself, without compromising the…
Selling your business can be a rewarding and profitable decision, but it also comes with its own set of challenges. One of the most difficult aspects of the selling process is answering the questions that potential buyers will ask you…
As we embark on another year of business endeavors, it’s natural to set our sights on profit margins and revenue growth. Yet, amidst these crucial objectives lies a hidden gem of immense importance: building a sellable business. Regardless of…
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 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…
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…