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The Risk of Owner Dependence and How to Reduce It

Most people don't like to dwell on it, but the truth is, nobody can run their business forever. Situations where the owner is "essential" or "integral" to the business (to which with their departure, the business could...

Setting Achievable Goals When Selling Your Business

Selling a business is no small endeavor. There are documents to collect, decisions to make, emails to send, and so on. Needless to say, the process can feel daunting and overwhelming at times. This is why establishing sp...

Recasting Financial Statements: How to Prevent Leaving Money on the Table

As a business owner, deciding to sell your business is one of the most important decisions you can make in your professional life. For years you perhaps assumed your children would carry on running the firm, but they hav...

Why Eco-Friendly Practices Can Help You Sell Your Business

In light of the report issued by the UN's Intergovernmental Panel on Climate Change that was released this month, it is apparent that our society stands to benefit from a shift towards eco-friendly practices. Interesting...

Top 4 Mistakes to Avoid When Selling Your Business

So Youve Decided to Sell Your Business Whether youre looking to retire, have started to feel bored or unfulfilled, or are simply ready for the next chapter in your life, you have decided to sell your business. Congratul...

Want to Create Wealth? Follow the Money

If you want to learn how to do something well, its usually helpful to look at others who are doing that same thing very well, and emulate their behavior. In this blog we will look at wealth creation, one measure of busin...

Why Confidentiality Is Important and How You Can Protect It

Why is Confidentiality Important When Selling a Business? When selling just about anything, you generally want to get the word out to as many people as possible. A For Sale stamp is placed on the item with the goal bein...

What is Seller Financing?

Whether you are looking to buy or sell a business, seller financing is an important concept that affects many small business deals and should be fully understood by both parties. What is Seller Financing? At a high lev...


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