Business owners make decisions about the business every day.  You write a business plan to follow, so things will go smoothly for you and your business, with mostly normal days.  That is what we all hope for, but it is important to be prepared for any unexpected problem. Change happens, s

6 Common Mistakes to Avoid When Selling a Business You’ve worked hard to grow a successful business, but you know that the time to sell is approaching.  With so many decisions to make and to-do lists to complete, the process to sell your business can seem overwhelming, but it doesn&rsquo

After all the decisions have been agreed upon, it is finally time to prepare for the closing.  Although an attorney will prepare the closing documents, it is important to be prepared and understand what to expect.  An advantage of buying an ongoing business is that the business continues t

A buyer purchases a business based on the financial history of the business, so good financials of a business that is performing well and has growth potential are important to see if there will be a good return on the investment.  Many purchasers of businesses know very little about finances an

Whether you are a business owner or someone considering the purchase of a business, it is important to look at the strengths and weaknesses of the business.  This will help you find ways to make it grow and be more successful as you make plans for the future.   Good communication is essen

I'm pretty sure everyone is familiar with the phrase, you reap what you sow, which we have heard since we were small children.  This is true when owning a business. Whether you are a business owner or planning to be one, you understand the work ethic involved.   Hard work and dedication a

As a business broker, I have been asked by business owners many times if they really have anything to sell since they have few assets. Of course, they are hoping they do since they called me. The answer is a definite yes. When you sell a business, you are actually selling the cash flow, which is use

Women, like men, enjoy the idea of being in control and the ability to take risks that enable them to earn more profits. As it has been more difficult for women to move up the corporate ladder, owning a business is a natural option. A large percentage of businesses are owned by women. Through a comb

As a business owner, you will often feel stress. There is good stress that gives you energy and helps you complete necessary work for the company. Bad stress is what we usually think of when we mention stress, and it must be controlled before you can act effectively in your business. Unless you can

There are certain terms that you should know if you are buying a business. It is, however, important to know that you don’t have to know everything. You just need to know who to contact for help and advice.It is good to select an accountant and an attorney to help you when needed. The business


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