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Part 2 of 5: Going Solo: The Facts about Selling Your Business Independently

Tuesday, November 3rd, 2009

When business owners make the decision to put their businesses on the market, they are faced with a number of choices on how to handle the process. For many, working with a business broker is the solution, while others choose to go it alone – but what should you know before selling independently?

The business-for-sale marketplace is filled with options. Continue reading Part 2 of 5: Going Solo: The Facts about Selling Your Business Independently

By Mike Handelsman | Posted in DIY, Featured, Financial, Misc, Personal Finance Education | No Comments »

Part 1 of 7: To Sell, or to Prepare to Sell?

Monday, November 2nd, 2009

Thinking about selling your business? If so, it’s important to know whether now is the right time to sell. For many business owners, waiting until the economy improves and preparing to sell instead, is a better option.

Selling a business is an important and often emotional process, with the possibility for high stress, high-stakes financial consequences and an overwhelming number of factors to consider. Every business seller, though, has one goal in mind: getting the best price. Continue reading Part 1 of 7: To Sell, or to Prepare to Sell?

By Mike Handelsman | Posted in DIY, Featured, Financial, Misc, Personal Finance Education | No Comments »

Part 5 of 5: A Business Buyer’s Guide to Understanding the Fine Print

Friday, October 30th, 2009

With more and more do-it-yourself business buyers in the marketplace, the number of deals falling through at the last minute is increasing. Why? Not surprisingly, the answer is in the fine print. Continue reading Part 5 of 5: A Business Buyer’s Guide to Understanding the Fine Print

By Mike Handelsman | Posted in Borrowers, DIY, Featured, Financial, Misc, Personal Finance Education | No Comments »

Part 4 of 5: Five Questions Business Buyers Should Ask, but Usually Don’t

Thursday, October 29th, 2009

The average business for sale buyer goes into the buying process with an arsenal of boilerplate questions for the seller. But the questions buyers really need answered are the questions they usually don’t think to ask. Continue reading Part 4 of 5: Five Questions Business Buyers Should Ask, but Usually Don’t

By Mike Handelsman | Posted in Borrowers, DIY, Featured, Financial, Misc, Personal Finance Education | 2 Comments »

Part 3 of 5: Business Selection for Aspiring Entrepreneurs

Wednesday, October 28th, 2009

Small business ownership is more popular than ever, but the road to owning a business that fits your personality and goals can be fraught with pitfalls if you’re not fully prepared.

Some studies indicate that well over half of all Americans are interested in owning a small business, yet the number of people Continue reading Part 3 of 5: Business Selection for Aspiring Entrepreneurs

By Mike Handelsman | Posted in Borrowers, DIY, Featured, Financial, Misc, Personal Finance Education | 4 Comments »

 

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