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Are You Making Smart Choices When Reducing Taxes?

Unreported cash can be a problem for a business, though these 318,462 reasons make it easy to understand why anyone would want to reduce their tax bill.  But before hiding cash, under reporting revenue or beefing up expenses, there could be unexpected consequences every business owner should consider. Operating...

Grooming Yourself To Sell Your Business

Be honest with your broker Your business broker needs to learn what your expectations are, your motivations, your attitudes, and your perceptions. He must fully and completely understand why you want to sell your business. Your broker can educate you about what is happening in the marketplace if he...

When Is The Best Time vs. Right Time To Sell My Business

In the life cycle of your business, you may or may not ever hit that ‘Best’ time to sell.  That comes rarely because the stars just don’t perfectly align very often and sometimes never. The absolute best time to sell is when you don’t need to, want to, or...

Plan An Effective Exit Strategy And Go Out On Top!

To some, planning an exit strategy sounds negative. Actually, the best reason for an exit strategy is to prepare to optimize a good situation, rather than getting out of a bad one. A good exit strategy allows you to focus on things that make your business more appealing and...

The Pitfalls of Selling A Business On Your Own

What Can A Business Broker Do For You? Why hire a business broker? The primary reason? Sellers usually don’t have the experience today’s market requires. A business broker can build you an exit plan, streamline the process, help make your business more valuable in the eyes of a buyer...

In The Beginning of Selling or Buying a Business

From a Buyer’s point of view, buying a new business resembles speed dating. Your time may be limited so don’t waste any of it by jumping in without knowing the right questions to ask. This may be a long term choice.  You want to make sure and choose the...

Why Hiring a Business Broker Will Help Build A Better Future!

If you’re not a carpenter, would you build your own house or hire a contractor? If you’ve never plumbed a house on your own, would you attempt this job without assistance? See a pattern? The same goes for buying or selling any business. Hire a professional unless you have...

Baby Boomers Mean Business, Buying and Selling Both!

Consumers, buyers, and sellers born between 1946 and 1964 aren’t retiring as early as their parents did and they are still big spenders. With human longevity reaching into triple digit years in some cases, business is strong for this generation. This new demographic means that while markets fluctuate in...