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Many business owners don't put a lot of thought into what happens to their company's debt when they sell their business. While there are cases where the debt is absorbed in the transaction as part of the sale, it is wron...

There is no doubt that social media marketing has become a valuable tool for promoting businesses. With the exception of adults over the age of 65, the majority of Americans from every age group are using social media...

There is no question that a successful business requires solid accounting practices. However, the world of accounting can be quite tricky for small business owners especially if they do not have easy access to an account...

In order to achieve optimal results when selling a business, it is crucial to sync both internal timings with external timing. Internal timing consists of aspects that are personal to the business owner (ex: wanting to...

When business owners decide to embark on the journey to sell their business, they oftentimes have predetermined expectations about how the sale process will take place. These expectations can stem from all sorts of place...

Many owners experience a lot of anxiety when deciding to sell their business. This unease is often related to not knowing what to expect or even where to begin. However, once the decision is made to exit, there are sev...

An earnout is a business purchase arrangement where a portion of the seller's payment is contingent on the performance of the business after it is sold. In other words, if after closing the company achieves certain defin...

What is Customer Concentration Risk? Customer concentration risk is when a large amount of a companys sales are derived from a disproportionately small pool of customers. The bigger the client relative to total revenu...