Blog tagged as Business Resources

SBA's Streamlined Process Fuels Record Small Business Applications

27.06.24 03:35 PM By MARK HERRMANN - Comment(s)
SBA's Streamlined Process Fuels Record Small Business Applications
For entrepreneurs looking to buy a small business, there are several ways to finance a business acquisition. Traditional bank loans, seller financing, and other funding sources offer a range of possibilities for structuring the deal.

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.

Mid-Year Market Report 

30.05.24 06:08 PM By MARK HERRMANN - Comment(s)
Mid-Year Market Report 
Heading into summer, here's the latest market report from BizBuySell.

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.

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.