Selling a Business

Business News

A Beloved 130-Year-Old Small Business in California Is Seeking a New Owner — and It Won't Sell to the Highest Bidder: 'Everybody's Talking About It'

Vroman's Bookstore in Pasadena, a cherished cultural hub since 1894, is looking for someone to guide it into the future.

Franchise

Want to Leave Your Franchise Business Behind? 4 Exit Strategies to Consider

There is no one-size-fits-all process for setting up an exit strategy, but after spending years in the franchise world, I would consider these four options when exiting your franchise business.

Business Process

Selling Your Small Business? Here Are 5 Advantages of Passing It Down to Family

Having a succession plan for your small business is just as important as your plan to kickstart it — so who do you want to see running it when you're gone? Here's why you should consider selling it to a family member, and how to navigate the generational handoff if you do.

Growing a Business

From Growth to Profitable Exit — Actionable Strategies As You Sell Your Business

As you embrace the exciting shift toward a sale, remember that the most important thing is having a thoughtful transition strategy.

Starting a Business

7 Lessons I Learned From Selling a 6-Figure Blogging Business

Here are a few critical lessons from my experience building and selling a successful blogging business.

Management

Don't Fall For These Tricks: 5 Things You Shouldn't Do When Selling a Business

With careful planning and attention to detail, you can maximize the value of your business and ensure a smooth transition for all involved parties when you sell your company. Here's how.

Growing a Business

3 Mindset Shifts That Will Turn Any Successful Company into a Significant One

Going from successful to significant requires critical mindset shifts — from income generation to value creation.

Growing a Business

Why Every Entrepreneur Needs an Exit Strategy (Before It's Too Late)

You need a plan to ensure you can exit your company when you want to retire or explore other business ventures.

Leadership

1 in 10 Leaders Say Succession Planning Is Not Worth the Time and Money It Costs — Here's Why They're Wrong.

While seemingly straightforward, succession planning for business owners can take several different forms, each with its own set of pros and cons. You need to understand your options when you inevitably sell or pass down your business someday.

Franchise

Would You Turn Your Small Business Into a Franchise? Here's Why Everyone From Hardware Stores to Hot Dog Shops Are Doing It.

When you've put your blood, sweat and tears into building an independent business, it's hard to know if converting to franchise is selling out, or buying into something better. We talked to business owners across industries about how they made the decision, and to franchisors on why they're pursuing the conversion strategy.

Thought Leaders

4 Companies Followed This Secret Formula. Now They're Valued at $50 Million or More.

Implement these four simple (yet brilliant) tips to forge an exceptional company that investors can't resist.

Thought Leaders

10 Mistakes I Made While Selling My First Startup (and How You Can Avoid Them)

When I was selling my business, I learned that at any moment, the right shove from the wrong direction might kill my deal. Here's how I made the sale happen.

Leadership

You Sold Your Business. Now What? Embracing a New Chapter with Care and Purpose

Selling your business is a significant milestone, signifying the end of one chapter and the beginning of another. As you embark on this new journey, here are some tips to approach it.

Growing a Business

How to Use Workplace Culture as a Springboard Toward a Smooth and Profitable Exit

How to harness culture to maximize private equity investment

Leadership

How Much Time Do I Need to Sell My Business? First, Consider These 7 Factors.

It's never too early to start planning to sell your business — in fact, some say you should have an exit strategy planned from day one. But before you do, consider these seven things.