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Passing the Torch – Selling a Business Successfully
Your exit strategy may be to continue with the company for while after the sale, or you may intend to leave promptly. You are attempting to discover a way to fire yourself that makes the most sense for you and selling the business either way.
Often, sellers stay with the business a year or so after [...]
Using Strategic Alliances to Test Drive Potential Buyers When Selling a Business
Are you selling a business and utilizing your strategic alliances, or business partnerships, to not just drive new sales and value, but also to test drive prospective buyers?
Are you aware that over 25% of the revenue of the top 2,000 US and European firms originates from strategic alliances?
Selling a business aside, the benefits of strategic [...]
Who to Tell What, When and How – Selling a Company and Announcing the Sale
Upon making your decision to sell a company, you must immediately decide who must be told preceding the sale and who can be told after. Many business owners carefully plan how to sell a business, but not communicating it.
A preliminary communication plan may appear complex, but it simply means setting aside some time to think [...]
Selling a Company: Setting Smart Goals When Selling a Company
How can you ensure you are thinking smartly about your goals for selling your company? Are you being comprehensive enough, considering all the angles and stakeholders for this significant transaction? What have been working so diligently all these years for? Is it only about the monetary gain? You know that even though it may be [...]
9Mar2010 | writer | 0 comments | ContinuedSelling a Company: Myth – It’s All About the Money
Selling a company brings up important questions. What outcome from the sale of your company do you desire? How is the sales process impacted by that? And how are you going to figure out the process? To think it’s just about the money is a myth.
Your goals are broader than financial ones, and go farther [...]
Myth: It’s All About the Money When Selling a Company
Important questions are raised when selling a company. What do you want to result from the sale of your company? How is the sales process impacted due to this? And how are you going to figure it out? It is a myth to believe it’s just about the money.
Once given the time to reflect on [...]
Independent Contractor or Employee?
We just had a deadline for issuing 1099 Forms to independent contractors - January 31. Since issuing 1099 Forms is part of my small business accounting services, I also sent a little reminder to my clients, telling them to look closely at the relationship they really have with some of the people they issue Forms [...]
5Mar2010 | writer | 0 comments | ContinuedReal Estate Investing in 2009 And Beyond
A number of things likely come to mind when you think of virtual real estate investing. You likely leap to real estate investing as real estate portfolios and real estate retirement plans, and then you may expand to thinking of short sales, bulk reo investing or virtual real estate investing. You may also consider what [...]
5Mar2010 | writer | 0 comments | Continued