Expand Your Business through Acquisitions
For small and medium-sized businesses lucky enough to get past the stage of worrying about keeping the lights on, growth is the next challenge. But did you know that you don’t have to rely on organic growth alone to bring your business to the next level? That’s right,...
Earnouts – Pros, Cons, What to Watch Out For
When it comes to selling a small or medium-sized business, there is a different option a business owner can consider: an earnout. While an earnout can help the buyer and seller agree to terms, this sort of business agreement is not without its risks. As such, here is...
How to Leave the Family Business Without Leaving the Family
Family owned and operated companies have a way of becoming all-consuming. If your family happens to have a business, then you know the feeling. Vacations become board meetings while dinners and holidays become sales meetings. Making the matter more complicated is the...
Succession Planning for Your Business
No one is (or should be) indispensible in their business; but owners need to consider that one day, you will be no longer able to run your company. No one likes talking about the four "D's" of business ownership, but we all need to plan for the worst. This is...
The Truth About Business Valuations
Ask any business owner and they will tell you with pride how much their business is worth. However, many of these business valuations wildly overestimate what they could actually sell their company for. How does this happen? In most cases, entrepreneurs are tied to an...