Tips and insights on how to sell, merge, or acquire a business.
We all hate to settle up with the tax man at year’s end, and we generally like to pay as little as possible in income taxes. However, special care must be taken when selling your business is on the horizon.
Over zealous tax planning can easily cost an unsuspecting business owner from 8 to 10 times the tax dollars saved.
An exit strategy is a plan of action to exit your business. An exit strategy is not only having a plan for the unexpected, including financial hardship, injury, disability and even death—but it also means having a plan for the succession or transfer of ownership of your business when it comes time to retire.
Did you know there are different types of business buyers? And I don’t mean the ones with money and the ones without!
Every buyer is looking for a business that will fit within their own unique circumstances. Each buyer will bring a different business value perspective to the table when “sizing up” your business.