Blog tagged as Selling Your Business

Post-Closing Tips for a Successful Transaction

06.05.25 06:57 PM - By MARK HERRMANN - Comment(s)
Post-Closing Tips for a Successful Transaction
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.

The Emotional Side of Selling Your Business: Are You Ready?

04.03.25 08:41 PM - By MARK HERRMANN - Comment(s)
The Emotional Side of Selling Your Business: Are You Ready?
When it comes to selling your business, it's easy to focus solely on the numbers, but it's important to remember that they only tell part of the story.

It's Tax Season: How You Should Prepare if You Plan to Sell 

03.02.25 04:54 PM - By MARK HERRMANN - Comment(s)
It's Tax Season: How You Should Prepare if You Plan to Sell 
Tax season may seem like the perfect time to prepare your business for a sale, but the more you plan ahead, the better the results will be in the end. Take the time now to get everything in order, and you’ll be well on your way to a successful sale in the near future.

You Have a Buyers for Your Business--Now What

08.01.25 01:51 PM - By MARK HERRMANN - Comment(s)
You Have a Buyers for Your Business--Now What
While learning that you have a serious buyer for your business may feel like a cause for celebration, it’s important to hold off on the champagne.