Blog tagged as Selling Your Business

Selling Your Business: Key Questions and Answers

07.11.24 02:16 PM - By MARK HERRMANN - Comment(s)
Selling Your Business: Key Questions and Answers
Selling your business is a significant decision. You’ve invested considerable time, money, and effort into building and running it—perhaps it even represents your life’s work.

Navigating the Decision to Sell Your Business

07.11.24 02:16 PM - By MARK HERRMANN - Comment(s)
Navigating the Decision to Sell Your Business
For many business owners, deciding to sell their company is one of the most significant financial decisions they will ever face.

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.

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.

Getting Your Legal Affairs in Order Before a Business Sale

09.05.24 06:19 PM - By MARK HERRMANN - Comment(s)
Getting Your Legal Affairs in Order Before a Business Sale
In the life-cycle of your business, there are few, if any, more important events than its sale and your exit. This is the culmination of years of hard-work and, as such, you should take all necessary steps to put yourself in an optimal negotiating position to maximize the value of your business.