How To Sell Your Business For Maximum Profits
I joined Diane Gardner on the Profitable Home Services podcast to share how owners in the Home Services Industry can create an exit strategy so they can win on the way out.
Singer/Songwriter Inspired This Blog Post
Paul Simon wrote the song “50 Ways to Leave Your Lover.” Borrowing from this theme, here are “28 Reasons to Exit Your Business.” See how many of these apply to you and your business.
How to Design the Perfect Business Exit Plan
I chat with Julie Keyes on the Poised for Exit Podcast to discuss the crucial steps to a successful business exit.
Selling a Small Business is Like Fishing
Thinking about selling your small business may be daunting. Here’s a different way to look at selling your business in a fun way. Think of selling your business like going fishing!
Navigating Due Diligence: Tips for Selling Your Small Business
For a potential buyer to understand and value your business, the buyer will want a deep dive into your business. At the same time, you want to ensure the buyer is qualified and a good fit. This process is called due diligence.
Planning Your Business Exit Strategy
Thinking of selling your business! Learn how to prepare. You'll learn about the significance of maintaining accurate books, staying organized, and ensuring the well-being of your employees and clients during times of transition.
Mastering Your Business Transition: The Power of a Memorandum of Understanding
One of the key documents you’ll need when selling your business is a Memo of Understanding (MOU). You and the buyer use this document to outline key terms and conditions of the potential sale.
Selling Your Small Business: Get the Docs You Need!
Do know what documents you will need when you sell your business? Read on to start the paperwork flow!
7 Keys to Improve the Odds You Sell Your Business
Over 70% of small business owners fail to sell their businesses when they decide to sell. The 7 keys I list in this article help you to be in the 30% of successful business sales.
Understanding Three Key Financial Measures About Your Small Business (and Introducing One You Might Not Know)
There are common financial measures of a business and one you may not know that plays a crucial role when you want to sell your business.
Net Income: The Cornerstone Metric for Small Business Valuation and Sale
What do you think is the most important financial metric potential buyers will consider when they look at your business. If you answered “net income,” you’re right.
Profitable Exit Strategies With Dr. Steven Kirch
I was a guest on Dr. Steven Kirch’s Profits Minds podcast. Great conversation about how to exit a business effectively and profitably. Watch, listen and learn!
The Top 5 Small Business Exit Options Every Owner Should Consider
When you’re ready to exit a business you own, you may not realize you have five options to pursue. Consider them all.
Selling Your Business: Avoiding The Top 5 Mistakes That Hinder a Successful Sale
Most business sales fail for one or more of the five most common reasons. Be aware of them and take action to avoid these pitfalls.
Pros and Cons of Selling or Not Selling Your Business Right Now: Part 2
Here are 10 reasons why delaying the sale of your business right now may be a mistake.
Pros and Cons of Selling Your Business: Part 1
Selling your business right now may be a good idea or a poor one. Here are 10 reasons not to sell your business right now.
DIY Business Sale: Your Go-To Guide for Selling Without a Broker
Selling your small business or financial advisor practice on your own without a business broker has many advantages: less cost, more control over the outcome are the two biggest. You can execute a DIY business exit if you follow five steps.
Maximize Your Business’s Value: 5 Reasons to Conduct a SWOT Analysis Before Selling
Not sure if your small business or financial advisor practice is ready to sell right now? Do a self-exam called a SWOT analysis. You may find the business is ready or needs some work to make it attractive to potential buyers.
The “Voice” Was Wrong About How to Find Buyers When You’re Ready to Sell Your Business
How you sell your business depends on what you see as the pros and cons of each approach.: broker or DIY.
10 Items a Buyer Wants to See Before Purchasing Your Small Business
When a potential buyer looks at your business, will they see the 10 key items that are important to them or will they find holes in the puzzle? Read on to find out what the 10 items most buyers want to see.