Archives for April 2019

Thinking About Succession Planning

If you own a small business and haven’t thought about succession planning, you should. Brad Cherniak Co-Founder and Partner of Sapient Capital Partners, a Toronto-based advisory firm, examined the importance of succession planning in a February 20, 2019 Divestopia article, “All Companies Need to Look at Succession Planning.” Owning and/or operating … [Read more...]

Could the Red-Hot Market for Businesses Be Cooling Down?

The economy is red hot, and that fact is translating into lots of businesses being sold. However, it is possible that this record-breaking streak of sales could cool down in the near future. Entrepreneurs who are considering selling their companies say they’re worried about the future of the economy, according to an article posted on Inc. in … [Read more...]

How to Create A Business Plan

If you're hoping to borrow money to buy or start a business, you'll probably need a business plan. A business plan, which projects 3-5 years ahead, is your road map for your business. It outlines how a company plans to reach yearly milestones, including revenue projections. A well-thought-out plan also helps a business focus on its key elements … [Read more...]

Marketing Strategist to Speak Aug. 21

Find out how you can harness a marketing strategy to grow your business when internationally known author, marketing and business strategist Diane Conklin speaks on Wednesday, Aug. 21,  to the Georgia Association of Business Brokers. The GABB is the state's largest association of professionals dedicated to buying and selling businesses and … [Read more...]

What Kind of Buyers are You Most Likely to Meet?

Selling a business can be an exciting and rather lucrative time.  But going through the sales process means embracing the notion that you’ll have to be very prepared for whatever might be thrown your way.  A key aspect of preparing to sell your business is to know what types of buyers you’re likely to encounter. It is only logical to anticipate … [Read more...]

Five Industries with Great Growth Potential for Small Business Buyers

By Peter Siegel, Founder of BizBen.com (California Businesses For Sale), the BizBen Network When you buy a small business, you want to be successful. But to do that, you must be able to look objectively at the company and determine whether or not it is a business that will be able to grow into the future. Many small businesses have succeeded by … [Read more...]