The 30% - 70% Rule One of the greatest gurus in the business ownership transition industry, Mr. Ed Pendarvis, said in his book, The Family Business, Family Farm: America's Amazing Economic Engine, that the decision for a business buyer should be based 30% on the character and quality of...

THINKING OUTSIDE THE BOSS Have you ever thought about owning your own business? If so you're in good company. Surveys from business organizations like Vistaprint and UPS Store show that 60% to 70% of us wish that we worked for ourselves. However, only a small number...

The Myth of the Perfect Business Even if there was such a thing as a perfect business, you would not want it. Suppose you found a company that was optimized to its fullest ability – it has everything in place including operations manuals, cross-trained staff, great...