Most owners and operators expect to increase their supply budgets this year, and their purchasing decisions and shopping preferences vary across generations.
Mergers and acquisitions are complex and a majority of them fail. Here's what a successful M&A deal looks like; some of the reasons that deals fall apart; why founders should be careful when speaking to potential buyers; and why they should be careful about sharing information before the deal goes through.
When you're burning out as an entrepreneur or business owner, it can feel like selling your business to an outside buyer is your only escape — but I'm here to tell you there are other options. Here are a few to consider if you're unsure about handing over the reins.
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.
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.
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.
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.
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.
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.
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.
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.