When the alarm went off at 2:00am one cold, February morning and he heard the weather report on the radio–another four inches of snow and ice– all Rob Bentley wanted to do was pull the covers over his head and go back to sleep. After 17 years of running...
Every business owner wants to get the most they can for their business if they decide to sell it, so it’s disappointing when the sales price is lower than they expected. It can be hard for them to understand that the value of the business isn’t directly related to...
I don’t know you, but one thing I know is that being self-employed has been easy and highly profitable from the beginning of your self-employed journey. You have had incredible success, you were filled with passion and purpose along the way, and your staff or employees added so much...
Telling your employees you’ve sold your business may be one of the most difficult meetings you’ll ever have. Even if your small business doesn’t have family members working there, employees can feel like part of the family. You’ve worked closely with them, often for years. Now you have to...
If you’ve ever thought about buying a business, you’re one of many people who have dreamed of being their own boss. Buying a company could be one of the best decisions you ever make, one that leads to independence and the potential for big rewards. But running your own...
Time to Prepare Your Opportunity Plan? Unless you are in the market for an investment opportunity, buying a business is not about examining a set of financial statements and acquiring a long list of assets. It is about your life. Before you start looking at specific businesses, perhaps you...
So you want to buy a car? You are ready for a new ride so out with the old and you go searching for a new vehicle. You don’t want a brand new one that would cost $50,000. Buying used makes sense, since you want to retire one day...
Have you ever sat at a crossroad, looking left, looking right? Looking left and right and then doing it again. Sometimes, standing at a fork in the road gets you stuck. Which way gets you where you truly want to be? You aren’t entirely weird if standing at a...
If selling a business depended on one thing and one thing only it would be; Cash Flow. It is the main factor in determining a business’s value in the market. The term SDE (Sellers Discretionary Earnings) is just a fancy term to describe the term Cash Flow. If you...
Almost as many songs have been written about ‘time’ as have been written about ‘love.’ Why? Because time—either too much, or too little–can make all the difference in many things, including a love affair or a business deal. Take that business deal for example, a buyer is excited about...
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