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Post-Closing Tips for a Successful Transaction

06.05.25 06:57 PM - By MARK HERRMANN - Comment(s)
Post-Closing Tips for a Successful Transaction
Once the deal is sealed and the closing is complete, many business owners might think their job is done. However, ensuring that the transition to the new owner goes smoothly is crucial not only for the business’ continued success, but also for protecting your own ongoing interests.

Recognizing Trouble in Your Business Before It's Too Late

06.05.25 05:31 PM - By MARK HERRMANN - Comment(s)
Recognizing Trouble in Your Business Before It's Too Late
Businesses can face various challenges, and many issues that arise are not always immediately obvious. However, there are common signs to look for when a company is in trouble or headed in that direction.

LendingTree's 2024 Boomer Entrepreneurs Report

01.04.25 05:28 PM - By MARK HERRMANN - Comment(s)
LendingTree's 2024 Boomer Entrepreneurs Report
Whether you’re 18 or 65, owning a business is challenging, with no guaranteed path to success. While many factors contribute to a business’s chance of survival, the obstacles and opportunities you face shift as you get older.

In Search Of a Boring Business

26.03.25 04:26 PM - By MARK HERRMANN - Comment(s)
In Search Of a Boring Business
Younger would-be chief executives are increasingly seeking profits—and freedom from the 9-to-5—by pivoting from corporate jobs into often unglamorous small-business niches.

The Emotional Side of Selling Your Business: Are You Ready?

04.03.25 08:41 PM - By MARK HERRMANN - Comment(s)
The Emotional Side of Selling Your Business: Are You Ready?
When it comes to selling your business, it's easy to focus solely on the numbers, but it's important to remember that they only tell part of the story.