Passing the Torch: Comparing the Types of Business Successors

Passing the Torch: Comparing the Types of Business Successors Who is best suited to continue the legacy of your business? As a business owner, you understand the importance of planning ahead. Every business requires accurate forecasting, budgets, hiring schedules, and marketing campaigns to be successful but what most business owners do not have is an exit strategy. Nearly 90% of …

Planning Your Exit: Selling an Event Management Business

Planning Your Exit: Selling an Event Management Business The event management industry is poised for extreme growth, making the perfect time to sell. Most of us do not think too far into what goes on behind the scenes at the events we attend, but in reality, there is a trillion dollar industry working overtime to create an unforgettable experience for you. …

Acquire or Be Acquired: How to Sell (or Expand) a Physical Therapy Practice

Acquire or Be Acquired: How to Sell (or Expand) a Physical Therapy Practice M&A activity is strong in the physical therapy field, giving business owners a unique advantage. This year is expected to be another banner year for the healthcare field, with many sectors within this mega-industry predicting high growth and exceptional profits. One of the largest sub-sectors of the …

How to Value a Telecom Company

In a society that is constantly changing and evolving, technology plays a critical factor in our economy and small business sector. One of the greatest indicators of the state of economy and consumer spending is the telecommunications industry. Businesses in the telecommunication industry provide and maintain data, text, voice and video transmission services to consumers and businesses. The global telecommunications …

5 Major Business Tax Deductions Explained

5 Major Business Tax Deductions Explained Don’t leave money on the table at tax time! Use this guide to properly claim your deductions. It’s that time of year again – tax season – and for small business owners, this means a lot of research and number crunching with the hopes of reducing your tax liability.  Filing your small business taxes …

Raising the Sales Price of a Janitorial Services Firm

Raising the Sales Price of a Janitorial Services Firm Getting the best price for your business all starts with preparing for the valuation. As you’ve probably seen in recent headlines, the American economy finished up 2015 strong with 2.0% GDP in the 3rd quarter and over 2.65 million jobs added to our workforce. Economists are expecting 2016 to be a decent …

How to Prepare an Architectural Services Firm for Sale

How to Prepare an Architectural Services Firm for Sale Make sure your business secures a higher multiple by taking these steps now to increase the value. Starting and growing a business takes years of planning, strategizing and forecasting but what many business owners do not realize is that selling your business takes just as much thought and effort. There are …

The Roadmap to Selling a Travel Agency

The Roadmap to Selling a Travel Agency It’s never too early to explore options for selling your travel agency. 2015 has been a fantastic year for mergers and acquisitions. Low interest rates, ease of access to capital and a growing exodus from Corporate America has given way to a new class of entrepreneurs looking for healthy businesses to invest in. Many …

How To Sell A Chemical Plant For the Best Price

How To Sell A Chemical Plant For the Best Price These 5 factors can severely impact the worth of your chemical manufacturing plant. It’s no secret that the manufacturing industry in the United States is massive, making it a popular sector among buyers looking to purchase a business.  One of the largest sectors within the industry is chemical manufacturing, which is made …

Your Exit Strategy: Selling an Optometry Practice

Your Exit Strategy: Selling an Optometry Practice It’s never to early to plan your exit strategy. 2015 has been a phenomenal year for mergers and acquisitions, with statistics showing an unprecedented number of M&A transactions across a variety of industries.  Our economy has long recovered from the 2009 recession as banks loosen up their lending restrictions, more buyers continue to …