Blog tagged as Sales

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.

The Emotional Side to Selling Your Business

30.05.24 06:20 PM By MARK HERRMANN - Comment(s)
The Emotional Side to Selling Your Business
It is easy to get lost in the numbers when it comes to selling your business, but it is important to remember that the numbers only tell one side of the story. Both buying and selling a business come with significant mental and emotional ramifications.

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 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.