Why Be Confidential?
The reason for keeping hush hush in a business sale This week’s blog features a question I often get when I’m meeting with hopeful business buyers and entrepreneurs: Q: I am interested in reviewing a business for sale, why is a confidentiality agreement needed? When a...
Growth via Acquisition – The Concept of Synergy
Today, I’m going to ask you two questions that, at first, may not seem business related, but you’ll soon see that they are very appropriate for growing your company. What is easier – to buy something or to build something? Factoring in facets like time and energy,...
Buying a Business – Confidentiality Matters
Buying (and selling) a business is different from most other purchases as the transaction is discrete, hidden away from the general public. The process can be compared to an elaborate courtship, where secrecy is part of the game. So why do business buyers and...
Staying Open Amid the Sale Process
“FOR SALE” Doesn’t mean your business is closed. When we sold our house five years ago, it took seven weeks! That's a long time to keep our house extremely neat and tidy, ready for a showing at any time. Well, I hate to break the news, but having a business for sale...
12 Things Everyone Should Know Before Starting a Business
Almost everyone I know dreams of “being their own boss” and running a business. Some are even brave enough to start their own business. Before you do though, here are the key issues you need to consider: 1. Legal Structure It is important to understand the different...