Generally speaking, there is an overriding negative connotation amongst business owners when it comes to the subject of carrying a note as part of a business sale. While many of the seller financing horror stories floating around the golf course and dinner party are true, when seller notes are structured properly with equitable terms, they […]
Maintaining confidentiality during the process of selling your business is critical – there is simply no sugarcoating this statement. It does a business owner absolutely no good, and in fact can be potentially damaging to the business, if employees, customers, competitors or vendors find out your business is for sale. Buyers and Confidentiality Buyers happen […]
Business owners often begin with the end in mind. Because of this, it should come as no surprise that one of the most frequently asked questions from business owners today is, “When should I sell my business?” Of course, there are many factors that go into answering this question, and the specifics will be different […]
You’ve invested time, money, and countless other resources into your business, and it is understandable that you wouldn’t want to hand the business off to just anyone. You need to be sure that your buyer is the right fit, not only someone who is willing to pay the best price, but someone that has a […]
With property values and residential construction on the rise, it’s a great time to own a fence or decking business. Low unemployment and rising incomes have led to increased residential spending. The demand for fence and deck companies is high as homeowners look to install new fences and decks or upgrade existing structures. Over the […]
Few industries are more stable than the Information Technology industry. Our global society is more reliant on technology than ever before, and most small to medium-sized businesses rely heavily on the many services provided by IT firms to stay up and running. According to IBIS World, more than 450,000 IT businesses, from sole proprietorships to […]
Whether you’ve just opened your doors or you see retirement on the horizon, it is never too early to prepare your business for sale. Business owners typically pour everything into growing their businesses, and therefore don’t consider the potential value of those businesses until they are eager to head out the door. At that point, […]
When selling a business, the last thing a business owner wants is to see a deal fall through at the last minute. While many sales close smoothly, others seem to be faced with hurdle after hurdle, and unfortunately, deals can fall apart in the end. As a business owner, there are some things you can […]
After feeling the effects of the recession, water well drilling businesses are again on the rise. According to IBIS World, the Water and Sewer Industry as a whole took in $52.3 billion last year, with water well drilling making up a large portion of that. Over the next five years, the industry is expected to […]
After feeling the effects of low crude oil prices over the last five years, the oil and gas industry is again beginning to see some growth. Oil and gas services brought in $74.7 billion dollars last year, according to IBIS World, and growth is projected at 3.5% over the next five years. Because of this […]
