Archive for the ‘ Misc ’ Category

Each year, thousands of business owners decide to sell their business for a variety of personal and financial reasons. Whatever the cause, selling successfully requires the owner to think creatively in terms of attracting the most potential buyers and weeding out the ones who are not really serious about buying.

To realize the most success in selling your business online, it is imperative to maximize the effectiveness of your listing. Continue reading Part 5 of 7: The Ten Commandments of a Successful Online Business for Sale Listing

Any business owner can put a business on the market, but selling successfully is another story. With thousands of dollars hanging in the balance, today’s do-it-yourself sellers need to learn the fine art of negotiation before it’s too late.

As selling businesses independently has become an increasingly viable method for entrepreneurs, many business owners have learned how to prepare their companies for sale and effectively market them to potential buyers. Continue reading Part 4 of 7: Negotiation 101: Tips for Business Sellers

Selling your business is a life-changing event. While most owners once dreamed about buying their business, the decision to eventually sell can be brought on by a variety of factors, including a change in location, finances, or lifestyle. Whatever the reason, sellers should be aware of online resources that can make the transaction more efficient and effective. Continue reading Part 3 of 7: Four keys to selling your business online

Before discussing the results of the test, let’s review what we were testing. In November 2007, 74 loans that would have been included in the December Debt Sale were selected for a test of applying a legal collections strategy. These loans had an outstanding principal balance of approximately $705,000. They were placed at Hunt & Henriques, a prominent California debt collection law firm.

Once placed with the firm, these accounts were sent a “demand letter” stating that the balance would be accelerated in 30 days if an acceptable payment arrangement was not negotiated.  Continue reading The Results From the Legal Collections Test

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