How Should Ownership Transition Be Handled When Selling Your Business?
One of the issues that sellers of businesses frequently neglect to consider is the transition period as ownership of the business shifts from the seller to the new owner. Some …
Facing Litigation While Selling Your Business?
Any day you get served with a lawsuit is not a good day for your business. Lawsuits may be unexpected, and they clearly are unpleasant, but they may be unavoidable, …
Keep Your Eye on The Competition
If the competition in your market is aggressive in trying to lure away your customers, a would-be buyer may hesitate. The buyer will want to know how the competition is …
Challenges to a Successful Business Sale
Selling a business has many challenges, which is why it’s important to consult with a professional business brokerage/M&A firm. Below are just two samples of potential challenges Sellers should consider …
Excess Concentration Risk When Selling Your Business
Diversification is a well-known strategy for minimizing risk in investments. It’s what you should be doing with investments outside of your business. It is also inside the investment you’ve made …
5 Ways to Improve Your Business During the Age of COVID-19
During this challenging time, our priorities remain with our families and communities. However, if you are a small business owner, there are many things you can do to think about …
Update on SBA Paycheck Protection Plan
The Small Business Administration (“SBA”), in consultation with the Treasury Department, released Frequently Asked Questions (“FAQs”) designed to address borrower and lender questions around the implementation of the Paycheck Protection …
Should I Sell My Business Myself Or Hire A Business Broker?
This is a question most business owners ask themselves – should they sell their business themselves, or hire a professional business broker. We were recently contacted by an owner who …
4 Steps for Planning Your Successful Exit Strategy
Taking the proper steps to plan a successful exit strategy can significantly improve the likelihood of a successful sale. No matter how secure you are in your business, no matter …
5 Ways Many Small Business Brokers in PA and NJ Fail Clients
When it is time to sell your business, you will want to engage the services of a trained, experienced business broker to market your business to qualified buyers, and to …
