By Kison Patel Over the past decade, I’ve had the opportunity to work with countless executives and CEOs undergoing the extremely complex, all-consuming, and intricate process of selling their company. As the CEO and Founder of a software platform that helps manage mergers and acquisitions (M&A) and as a former M&A advisor, I’ve witnessed a […]
How to Successfully Sell Your Company in 10 Steps Read More »
By Laura Babcock Selling a business is complicated. You’ve put years of hard work into building up a company that is a significant part of your life. Maybe you also sunk a lot of cash into the business to help get it started and then again through all the rocky moments along the way. Between
Selling a business can be complicated, and perhaps one of the trickiest parts of the process is announcing the sale to your team. For advice on how to share the news of a pending company sale to your staff, we asked members of the Young Entrepreneurs Council (YEC) the following question: Q. What is the
Selling Your Business? 10 Tips to Keep in Mind Before Announcing the News to Employees Read More »
By Alex Bates My last day as senior director of a public company was November 9, 2018. I didn’t earn that title by climbing some corporate ladder. I was there on a two-year contract as a result of selling my company Mtell for $37 million. Terms of the additional retention stock package required my co-founder
By Ryan Binkley Often in life, we wait until a change in circumstances to make a big decision. Exit planning is an example of something so many entrepreneurs put off. In business, our focus is firmly on the here and now decisions: marketing, HR, inventory, cash flow, etc. It doesn’t feel like there is the
10 Reasons Why Your Exit Strategy Is as Important as Your Business Plan Read More »
If you’re in the throes of building a company, you are likely not even thinking about what comes next. But now is also the time to start planning the long-term strategy for your exit. To one day pull off a successful—and profitable—business exit, there are four important steps. 1. Start planning early Do you remember
4 Business Exit Steps All Business Owners Should Take—Even Those Just Starting Out Read More »
With the huge group of baby boomers hitting retirement age, we’re seeing a lot of businesses up for sale—and Gen-Xers won’t be far behind. When the time to exit rolls around, it’s extremely important to get the most value out of your company, because there are no “do-overs” when exiting your business. Consequently, a large
How to Squeeze the Most Money Out of Your Company With a DIY Sale Read More »
The U.S. market of businesses for sale is on a hot streak. Small businesses are selling for record-breaking prices, according to BizBuySell, a marketplace for small business buyers and sellers. Business owners are entering the market and listing their businesses for sale to capitalize on rising prices, BizBuySell reports. Meanwhile, business buyers are willing to
Businesses for Sale: Who’s Buying and Who’s Selling? Read More »
It takes a lot of time, money, and patience to build a successful business. And for some entrepreneurs, once they reach a certain threshold of success, they will start thinking about selling their business. In many cases, it may seem like the next natural step in the business cycle. So what do you need to know before you take the plunge?
Have you ever wondered how much your website was worth and how you can go about selling it? If so, then this article will cover the most important aspects of website buying and selling from my own personal experience. Just to give a brief introduction as to how I got into this business, it all
How Much Is My Website Worth and How Do I Sell It? Read More »
