Over the past two years, the pandemic’s impacts reverberated through the business sector, creating problems no one ever expected to face. Once-thriving businesses were forced to close, costing jobs and changing the way people viewed owning a business. At the same time, some sectors prospered, which means business owners in those industries faced an entirely […]
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Selling a business is a major decision for any business owner. Not only does a sale signal the end of a period of ownership, but it also opens the door to new opportunities. Unfortunately, a successful closing is not guaranteed, and many sellers never find the right buyer. To get the best outcome from a
Seven Benefits of Working With A Business Broker To Sell Your Business Read More »
While statistics vary dramatically based on their source, a huge number of small businesses open every year in the U.S. Owners of those businesses anticipated succeeding and being around for years to come, but their plans don’t always work out. Here’s why you need a business plan. Approximately 20 percent of new small businesses will
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Experienced entrepreneurs know that the early steps required to start a business are some of the hardest. Coming up with a business plan is just the beginning. Aspiring business owners also need to finance their start-ups, and that generally requires establishing and building business credit. This article discusses how to establish business credit for your
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As Austin’s workforce adapts to economic challenges brought about by the pandemic, many of the city’s business leaders are also recuperating—while planning for growth and accommodating hybrid work models. While the economy recovers and businesses move more operations online, business owners and potential buyers should be aware of these trends and their effects on growth
Business Challenges in Austin TX and How to Fix Them Read More »
Selling your small business does not have to be a difficult task. While it can be a complex venture that involves numerous considerations, it doesn’t have to be stressful. The profit you gain from this venture will solely depend on your reason for sale, the timing of your sale, the structure of your business, and
Guide to Selling a Small Business Read More »
When most entrepreneurs dream about owning a business, they assume the best way to accomplish that lofty goal is to build a new company from the ground up. Unfortunately, these ambitious aspiring business owners rarely consider the disadvantages of starting a business from scratch. This article will explain why you should consider buying a business
Why You Should Consider Buying a Business Rather Than Starting One From Scratch Read More »
While it’s entirely possible to buy a small business in virtually any city in the U.S., some locations offer more compelling reasons to invest than others. Louisville is one example to note, as the city’s size, demographic makeup, and natural attributes all create conditions prospective small business owners look for when selecting a location for
Ten Reasons to Buy a Small Business in Louisville Kentucky Read More »
In February of this year, Governor Larry Hogan signed Maryland’s Recovery for the Economy, Livelihoods, Industries, Entrepreneurs, and Families (RELIEF) Act of 2021 into law. The impressive $1 billion relief package enacted by the Maryland General Assembly doesn’t stop at providing direct aid to qualifying Marylanders. It also offers grants, loans, and tax relief to
Why Maryland’s Relief Act of 2021 Is Your Sign to Buy a Business in Baltimore Read More »
Selling a business is a complex process. It starts when a business owner decides to exit the company and doesn’t end until a qualified buyer has closed the deal. It can take years to prepare a business for sale, find a buyer, and make arrangements for transitioning the business over to its new owner. These
Five Key Considerations When Selling a Business in Nashville Read More »
