8 Ways to Avoid Litigation When You Sell a Business
Based on recent litigation storm clouds, business owners planning exit strategies better batten down their legal hatches. As a small business owner, your company most likely represents a significant portion of your net worth. That’s why it’s crucial not to let litigation wash it away when the time comes to convert your years of hard work into cash.
How to Inform Employees When You Sell a Business
What is the best way to inform employees when you sell your business? Wait until the transaction is a done deal.
How to Plan Your Business Exit Strategy
You started your business with dreams of making millions. When the time comes to sell your business, you will want to keep as many of those after tax dollars as you possibly can in exchange for your blood, sweat and tears. Advance planning can make a big difference in the amount you pocket after the sale of your business.
Sell Restaurant -Steps to Selling a Restaurant
Selling a restaurant can be a smooth transaction if the proper actions are done. By organizing and being prepared you can sell your restaurant in no time.
Sell Trucking Company – Steps to Sell Carrier Company
Selling a trucking company can be a daunting task. By educating yourself and working with competent advisors this can be a smooth transaction.
Successful Merger Synergies – How To Make It Work
“We tend to overestimate what we can accomplish in a day and underestimate what we can accomplish in a year.”
This is particularly true in the case of mergers or acquisitions. Recently, a company I founded, EMJ, was acquired by SYNNEX. Prior to that EMJ had acquired 12 other companies. The following is a list of lessons I have learned on how to do a successful merger.
1. Challenge assumptions: Most management thinks all companies work more or less the same. This is not…