Monthly Archives: January 2018

Finding a buyer for your small business

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You’re ready to sell your business, however, how do you find someone that will buy it … or buy it for what you think it’s worth? That will depend on you, your business, and how prepared you are to sell your small business. If you have “all of your ducks in a row” … meaning you’re prepared to sell the business and have taken all steps to maximize the value of the business, you can […]

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The best time to sell your business

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The goal of most small business owners is to create a business that they can sell to finance their retirement. Unfortunately, most small business owners are ill-prepared to sell their business because they fail to plan for it. There are a lot of things a small business owner can do to make the business more sellable and to increase its value. However, as a small business owner, a lot of what you do is focused […]

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The purpose of a will

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A will, also referred to as a last will and testament, are written instructions to the Probate Court advising how you want your asset and liabilities to be handled and who you want to handle them. A will may also be used to name guardians for any minor or incapacitated children, and provide instruction for the creation of a trust so that you may maintain a degree of control over your assets after your death. […]

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Creating a sellable business; avoid the small business mindset

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You’ve invested years of hard work and sacrifice into your business, but have you created a business that has value to someone else? Have you created a business that someone is willing to buy? Most small businesses are run by owners that have little or no business background, and consequently suffer from the “small business mindset”. They are passionate about their business, and control virtually every aspect of the business. After all, no one can […]

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