5 Myths of Selling Your Business
In this article, we discuss five common myths that we have encountered when working with business owners who wish to sell their business.
Choosing an Effective Company Name
Choosing the right name for your business can be a daunting task that can leave quite a few “what ifs.” Do you want it to be personal? Should it be catchy and punchy or should it be straight to the point? A good name is memorable, stands out from the crowd, speaks to...
Tips for maximizing cost reduction and cost control
Many business owners will find sales slumping now and again as trends, seasons, and buying habits change, and no matter what, slow sales mean a threat to your profits. Or do they? Objectively, if you’re not bringing in as much money, yes, your profits will suffer, but...
Things to consider before going into business with family
Starting a business with a family member or multiple family members might seem enticing at first. You’re comfortable with each other, you may already have shared finances, and you likely have a good read on their capabilities. Just like mixing “business with pleasure”...
Covering your assets: The importance of due diligence
Anyone who has ever bought or sold a business — or has even thought about it — has likely heard the term "due diligence." Most people, however, don't fully understand it or tend to underestimate its value. Due diligence is defined as “reasonable steps taken in order...