Many small business owners struggle with expanding without sacrificing quality. Whether you're running a service-based or product-based company, following a few essential steps is key to scaling your business effectively while maintaining consistency.
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.
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.
To avoid walking away with less cash, you must develop counter-tactics to preserve or increase your purchase price. Here are 10 negotiation strategies that might help.
Although a cash sale is usually preferred, seller financing opens the door to buyers who don't have the funds for a cash purchase. With a bigger buyer pool, you stand a better chance of selling at the right price, at the right time, and to the right buyer.