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Tax Implications of Selling Your Business

20.03.24 03:44 PM By MARK HERRMANN - Comment(s)
Tax Implications of Selling Your Business
Understanding the tax implications of selling your business is a critical first step in putting it up for sale. By better understanding the tax rates that apply, it’s possible to minimize your overall tax liability and maximize the tax benefits that come with selling a business.

How to Find Out What Your Business is Worth

27.02.24 06:12 PM By MARK HERRMANN - Comment(s)
How to Find Out What Your Business is Worth
Whether you’re buying or selling a business, it’s important to set your personal feelings aside to do a systematic business valuation. There are three best practices to valuing a small business.

Shh...Why Confidentiality is Critical During a Business Sale

27.02.24 05:49 PM By MARK HERRMANN - Comment(s)
Shh...Why Confidentiality is Critical During a Business Sale
If you’re thinking of selling your business, it’s important to maintain confidentiality during the sales process. You don’t want to tip off your competitors, customers or your employees before closing the sale.

How Long Will it Take to Sell Your Business

01.02.24 07:09 PM By MARK HERRMANN - Comment(s)
How Long Will it Take to Sell Your Business
That depends. We break down the median time based on market data of different businesses to understand what drives the timeline of typical business sales.

Exit On Your Terms

01.02.24 06:52 PM By MARK HERRMANN - Comment(s)
Exit On Your Terms
As the saying goes, the best preparation for tomorrow is doing your best today. But many business owners may not know what to do TO prepare. Recently UBS Investor Watch looked at business owners who now face headwinds from higher interest rates, inflation and political uncertainly.
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