As you consider transitioning your business? Whether through a sale, passing it down to family, or structuring an Employee Stock Ownership Plan (ESOP) for employees—begin with clarity. Having a clear understanding of your company’s real value. Many business owners, perhaps…
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%…
One Tweak That Can (Instantly) Add Millions To The Value Of Your Business If you’re trying to figure out what your business might be worth, it’s helpful to consider what acquirers are paying for companies like yours these days. A…
4 Traps to Avoid When Selling Your Company Selling your company involves a lot of moving parts. One part that many business owners dread is due diligence. Business owners have been known to refer to due diligence as “the entrepreneur’s…
Advantages of Buying an SBA Pre-Qualified Business SBA backed lenders help Business Buyers acquire existing, cash-flowing businesses. Buying an existing business often has advantages over start-ups and new franchises, such as existing cash flow, established customer base, trained staff in…
Succeed now: Why you should buy a business versus starting from nothing or buying a franchise If you are looking to be your own boss through business ownership there are several avenues that you can pursue to reach your goal.…
Dear Brian, I want to take this time to thank you for your time and effort in helping us sell Wicked Popcorn Company. To say the least it was a unique situation. We are really grateful for the Legacy Venture…
Dear Brian: I just wanted to thank you for the wonderful work you did in helping me to sell my business. There’s no doubt in my mind that without your expertise and guidance, it would have taken much longer, and…