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      • Passion Power in the Restaurant Industry
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20 Apr Thinking About Succession Planning

Posted at 03:05h in Seller Articles, Seller FAQ, Selling a Business
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If you haven’t been thinking about succession planning, the bottom line is that you should be. In the February 20, 2019 Divestopia article, “All Companies Need to Look at Succession Planning,” author Brad Cherniak examines the importance of succession planning. Owning and/or operating a business...

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13 Apr Could the Red-Hot Market for Businesses Be Cooling Down

Posted at 03:00h in Seller Articles, Seller FAQ, Selling a Business
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The economy is red hot, and that fact is translating over to lots of activity in businesses being sold.  However, it is possible that this record-breaking number of sales could cool down in the near future. In a recent article in Inc. entitled, “The...

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06 Apr What Kind of Buyers are You Most Likely to Meet?

Posted at 03:05h in Seller Articles, Seller FAQ, Selling a Business
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Selling a business can be an exciting and rather lucrative time.  But going through the sales process means embracing the notion that you’ll have to be very prepared for whatever might be thrown your way.  A key aspect of preparing to sell your business is...

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23 Mar New Year’s Resolutions & Selling Your Business

Posted at 03:04h in Seller Articles, Selling a Business
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Most people fail to keep their New Year’s Resolutions.  But where buying and selling a business is concerned, failing to keep those resolutions could mean an abundance of lost opportunity. Todd Ganos at Forbes recently penned a thought-provoking article entitled The 8 New Year’s Resolutions...

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09 Mar Confidentiality Agreements: What are the Most Important Elements?

Posted at 03:07h in Seller Articles, Selling a Business
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Every business has to be concerned about maintaining confidentiality.  In fact, it is common for business owners to become somewhat obsessed with confidentiality when they are getting ready to sell their business. It goes without saying that owners don’t want the word that they are...

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02 Mar Goodwill and Its Importance to Your Business

Posted at 03:05h in Buyer Articles, Buying a Business, Seller Articles, Selling a Business
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What exactly does the term “goodwill” mean when it comes to buying or selling a business?  Usually, the term “goodwill” is a reference to all the effort that a seller puts into a business over the years that he or she operates that business.  In...

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23 Feb The Sale of a Business May Actually Excite Employees

Posted at 03:03h in Seller Articles, Selling a Business
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Many sellers worry that employees might “hit the panic button” when they learn that a business is up for sale.  Yet, in a recent article from mergers and acquisitions specialist Barbara Taylor entitled, “Selling Your Business?  3 Reasons Why Your Employees Will Be Thrilled,” Taylor...

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Fair Business Valuation

07 Feb Article Review-The Myth of Fair Business Valuation

Posted at 14:03h in Seller Articles, Selling a Business
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“The Myth of Fair Business Valuation” In Divestopedia’s article, “The Myth of Fair Business Valuation: What Professional Valuations Don’t Tell You,” author Chak Reddy is quick to point out that the “type of buyer and method of sale are two important (yet often overlooked) value determinants...

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30 Jan 5 Big Questions to Consider when Financing a Business Sale

Posted at 09:31h in Seller Articles, Selling a Business
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How should the purchase of a business be structured?  This is a point that you’ll want to address early in the sale process.  For most people, buying or selling a business is one of the most, if not the most, important business decision that they...

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23 Jan Obtaining a Fair Market Value for Your Business

Posted at 13:43h in Seller Articles, Selling a Business
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Divestopedia published a rather insightful article, “Letting the Market Bridge the Valuation Gap.”  In this October 2018 article, Dave Kauppi dives in and explores how fair market value can be used as a way for business owners to “bridge the gap between the valuation they...

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