Blog categorized as Business Sale Tips

The Immediate Benefits of Long-Term Planning

09.09.24 04:43 PM - By MARK HERRMANN - Comment(s)
The Immediate Benefits of Long-Term Planning
When business owners think about planning for a successful future, they sometimes believe that it will take years to reap what they sow. This can make it tempting to push such planning off to an indeterminate future date.

BizBuySell Market Insights

05.08.24 05:29 PM - By MARK HERRMANN - Comment(s)
BizBuySell Market Insights
Small business acquisitions reached a familiar milestone in the second quarter after growing 5% over the past year and 3% from last quarter, according to BizBuySell's Insight Data, which tracks and analyzes U.S. business-for-sale transaction and sentiment from business owners, buyers, and brokers.

When and How to Tell Your Employees About A Business Sale

27.06.24 03:21 PM - By MARK HERRMANN - Comment(s)
When and How to Tell Your Employees About A Business Sale
If you've decided to sell your business, the question of when and how to tell your employees becomes a big concern. There's no way around it, and it's a very delicate matter that can have serious consequences if not handled properly.

How to Create an Exit Strategy and Avoid Costly Mistakes

29.04.24 02:15 PM - By MARK HERRMANN - Comment(s)
How to Create an Exit Strategy and Avoid Costly Mistakes
If you're thinking about selling your business, it's important to have a clear and well-thought-out business exit strategy. To begin this process, you need to identify the elements that led you to consider selling your business in the first place.

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.