Buying or Selling a Business: The External View
There is the oft-told story about Ray Kroc, the founder of McDonalds. Before he approached the McDonald brothers at their…
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Read MoreBuying or Selling a Business: The External View
What Would Your Business Sell For?
There is the old anecdote about the immigrant who opened his own business in the United States. Like many small…
Burnout: An Ever-Present Threat
Burnout is an often-used reason for an owner selling his or her business. Potential buyers may have trouble accepting this…
How Long Does It Take to Sell a Business?
Recent studies indicate that it now takes, on average, about eight to ten months to sell a small business. This…
When to Create an Exit Strategy
There is the old saying that the time to develop an exit strategy is the day you open for business.…
Advantages of Buying an Existing Business
1. Established. An existing business is a known entity. It has an established and historical track record. It has a…