by Douglas Brown | Dec 8, 2022 | Books and records, Obstacles, Sell business
Two key statistics on business sales or transfers You’ll see them often on these pages because most business owners just cannot conceive that the situation can be that way, but it is. These are not odds worth bucking against: 87 percent of small businesses will...
by Douglas Brown | Nov 12, 2022 | Books and records, Sell business
The previous two posts in this topic recapped the requirements to repay Federal loans, or at least go through the motions to get them forgiven (where that applies) provided paths to take to pay off those loans when selling – and a path to avoid Loans are often...
by Douglas Brown | Oct 12, 2022 | Books and records, Sell business
The previous post recapped the requirements to repay Federal loans, or at least go through the motions to get them forgiven (where that applies). If you still have a loan balance, and you are thinking of selling the business, you’re going to have to deal with...
by Douglas Brown | Sep 23, 2022 | Books and records, Sell business
The Federal government’s attempts to mitigate the effects of the pandemic of 2020-2021 resulted in enormous impacts on small businesses. Every action seemed to add another round of miseries: lockdowns of employees and customers, requiring expensive modifications...
by Douglas Brown | Aug 3, 2022 | Books and records, Sell business
Sure, “big” businesses have accountants, attorneys, human resources staff, and so on. You’re just a small three or four-person and you can’t afford that much overhead. How much paperwork can it take to run something like that?The real question...
by Douglas Brown | Jul 7, 2022 | Books and records, Sell business
Many small business owners took advantage of the EIDL and PPP programs to take out loans against their businesses. When you’re trying to keep your staff on board through an interminable series of open-close-open-close government mandates that keeps both...
