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...
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...
How to take the bite out of the audit sting It is no surprise that states audit their small business community as a productive way to increase revenue for their state coffers. Should you receive the dreaded notice of one of these audits, here are some ideas that can...
The time has come to take that important step. You’re ready to sell. Or are you? See, the problem with this decision is, once the transaction has been made, there is no going back. There’s a lot to think about. Selling always sounds tantalizing. You know...
Of the thousands of new businesses created every day in the United States, many are franchise outlets. If you’ve ever thought about buying a franchise, here are some facts worth considering. A franchise gives the buyer the right to use a trademarked name in...
One of the most perplexing concepts can be understanding cash flow. This is because cash flow is not profits, nor does operating losses necessarily mean poor cash flow. However, cash flow is important. It can be very frustrating when payroll is due and you have no...
