Due Diligence: What does it mean to the Seller? As a seller, it’s important to be prepared for the due diligence process that will take place once an offer has been made on your business. Due diligence is a crucial step in any business sale, and can often...
Business owners today face significant challenges when it comes to selling their businesses. The process of selling a business is complex and stressful. No one wants to get a bad deal when selling a company they’ve worked so hard to develop. With that comes the...
The Short-Term Squeeze You start your firm with a small amount of cash and an abundance of great notions and ambition. The sales activity has been enough to produce a net profit. You underestimated the quantity of inventory you’d need by about half. Accounts...
It’s vital to have a tax and business plan in place for the success of any company, especially one that is family-owned. Here are some critical concerns that family business owners should consider. 1. Do you have a plan? Without a strategy, your company has no...
Figuring out whether or not to sell your family business isn’t an easy thing to do. There’s no way anyone will disprove that. However, there comes a time when the option of selling your family business seems like the only reasonable thing to do. In other...
