Know your business’ value
If your business represents a substantial part of your net worth, it’s something you need to understand
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If your business represents a substantial part of your net worth, it’s something you need to understand
In reality, selling a ‘going concern’ hospitality business can be difficult
No matter the size of the business, many deals begin with a basic level of trust and respect
Buying a competitor or a synergistic operation is an accepted growth tactic for larger sophisticated businesses. But mergers and acquisitions don’t have to be the exclusive strategy for middle-market or large public companies; many businesses that want to grow can…
Maximizing the sale of a company is not just about when you’re ready to sell
It has less to do with the selling a business than you might think
A simplified analysis that looks at three categories to determine salability
Be prepared to scrutinize the contract
Transitioning out of a business takes planning, preparation and time