Every business broker has said some version of the “prayer” below. Please grant me the strength to tell clients that their business is worth much less than they think and the patience to have them blame me. ...
You probably got excited that I will take a zero percent business brokerage fee…and I will under certain circumstances like the one below. We sent a small batch of emails, and several came back, such as the one below. We also had business owners who died on the job,...
Go ahead and Google “exit strategies.” The five standard exit strategies below appear. Five Most-Common Strategies for Business Exit Sell the Business to Family or Friend Sell the Business to Employees Merge or Get Acquired IPO Liquidate or Quit For quite a few...
When you Google “exit strategies,” you will see the five standard methods below. Five Common Exit Strategies Sell the Business to Family or Friend Sell the Business to Management or Employees Mergers and Acquisitions Initial Public Offering Liquidation Sometimes, none...
Things you will give up if you sell your business If you have ever owned a business, you have daydreamed about selling it for a large pile of cash. It’s not really about the money, right? It’s about flipping a switch and having all the stress and headaches turn off...
There’s an old saying, “Business owners don’t sell for money; they sell because they are frustrated.” The price tag to end that frustration can be millions of dollars. In a low-interest rate economy, a big pile of cash is worth far less than an income stream. So when...
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