Posts Tagged ‘retirement’
Why Deals Fall Through
There are a multitude of reasons why a business sale can fall through. But, more often than not, problems can be boiled down to one of these four. Conflicting expectations Buyers want to get the best bargain and sellers are looking to get the most profit. This fundamental difference between buyers and sellers can make…
Read MorePersonal Guarantees, Don’t Take Them Personally
In today’s small business world, nearly every loan will require a personal guarantee from you. This is also the case when you’re looking to finance the purchase of a small business. Options for lessening liability of business owners, like limited liability companies (LLC), have become more and more popular. But as more business owners look…
Read MoreThe Most Common Times to Sell a Business
In a previous post, I discussed how to assess when to sell your business. The decision to sell your business can be very personal, or it can simply be part of your business strategy. After over 30 years in business brokerage, I’ve observed that the decision to sell is usually one of three distinct reasons.…
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