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How to Position and Prepare Your Business to be Bought
Businesses are generally bought, not sold. Your opportunity is to position and prepare your company for the best outcome by considering these steps.
How to Protect Your Small Business If You Leave
The New York Life Small Business Insurance Gap survey shows 38% of small businesses would likely go out of business if the owner unexpectedly died.
Does Your Small Business Need a Lawyer?
Failing to take the proper steps for legal protection can put the business you’ve worked so hard on at risk.
6 Steps to Closing a Business While Staying Compliant
If you are currently in the process of ending the business’ operations, take care of these areas to ensure your business is officially terminated with the state.
How to Profitably Exit Your Online Business
If you’re one of the entrepreneurs building your business with the intentions of selling it one day, you should start planning for that day now.
Six Ways to Make Borrowing From Friends and Family Work for Your Business
Many small business owners turn to friends/family when looking for capital. These success tips ensure you preserve your finances and relationships. Read more
Putting a Value on Your Business: Why and How
Most business owners have a vague idea of what their business would be worth if they wanted to sell. Here are four reasons to perform a business valuation. Read more
8 Tips on Managing Your Business Assets Wisely
Your small business’ physical assets make up a sizable portion of the value of your company. That’s why you must ensure that you manage assets correctly.
How to Properly Dissolve Your LLC
There are many reasons to close your business, not all of which are related to failure. Whatever the cause, there is a proper procedure for LLC dissolution. Read more
What is a Buy-Sell Agreement and Why Your Small Business Needs One
Every business should have a buy-sell agreement from day one. It sets fair value for an individual's share in the company to prevent possible legal conflicts.
The Small Business Owner’s Guide to Succession Planning
Whether retirement is 30 years away, just over the horizon or not in your game plan, succession planning is vital to ensure the continued success of your business. Read more