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.

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.

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.

Deciding to sell your business and getting ready for the process to sell your business, takes time. But how much time and how and when to get the process going?

Mark Herrmann was recently a guest on the podcast, The Builder Nuggets. A community of successful construction industry leaders, The Builder Nuggets is composed of award-winning builders, remodelers, business coaches, and industry experts that have come together to share their secrets of success.