Blog tagged as Sales

Post Closing Steps for a Successful Transition

03.06.25 03:45 PM - By MARK HERRMANN - Comment(s)
Post Closing Steps for a Successful Transition
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.

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.

How to Get Your Tax Returns Ready to Sell Your Business

04.03.25 08:26 PM - By MARK HERRMANN - Comment(s)
How to Get Your Tax Returns Ready to Sell Your Business
Selling your business is a complex process, and one of the most time-consuming and detailed steps is due diligence.

Due Diligence: What To Expect As A Seller

02.08.24 06:07 PM - By MARK HERRMANN - Comment(s)
Due Diligence: What To Expect As A Seller
For most, the sale of a business is a new experience that requires sellers to learn many entirely foreign processes in a very short amount of time. The many steps to selling your business can be long and tedious, and chief amongst those steps in terms of length and tedium is due diligence.

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.