Selling a Business

How to Successfully Sell Your Company in 10 Steps

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 …

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8 Tips on How to Prepare Your Business for Sale

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 …

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Selling Your Business? 10 Tips to Keep in Mind Before Announcing the News to Employees

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 …

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Selling Your Business: How This Entrepreneur Made the Transition From Founder to Employee

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 …

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10 Reasons Why Your Exit Strategy Is as Important as Your Business Plan

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 …

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4 Business Exit Steps All Business Owners Should Take—Even Those Just Starting Out

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 …

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How to Squeeze the Most Money Out of Your Company With a DIY Sale

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 …

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Businesses for Sale: Who’s Buying and Who’s Selling?

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 …

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How Much Is My Website Worth and How Do I Sell It?

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 …

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