While we hear a lot about starting a business, it is not every day that we hear about leaving a business. There are many reasons why people consider exiting a business; no matter the reason, it is always good to ensure that you meet your business goals and get a fair return on the sale. There are several exit strategies a business owner can choose from when they have decided the time has come to e
In order to determine the worth of a business, there are multiple factors to consider. It goes beyond how much money is made on an annual basis; in fact, all aspects of its past, present, and future are considered. It can seem daunting to try to calculate this on your own. For this reason, a proper business valuation must be conducted. This is the first step you will need to take when w
How to Get the Best Price When Buying a Business You have found the business of your dreams and you want to buy it but aren't sure where to start? Talk with a business broker and consider these 5 tips! 1. Determine Your Must Have's and Budget Before you begin the process you want to clearly know where you stand. This will avoid confusion in the future. 2. Do Your Research Each property or bu
