by Douglas Brown | May 8, 2025 | Owner Dependence, Stepping away
Someday… someday… someday. Most small business owners are too busy keeping up with today to “waste” time on something that won’t affect them until Someday. The problem is that if you’re not ready for Someday when it shows up on its...
by Douglas Brown | Apr 3, 2025 | Retiring, Stepping away
The best reason to transfer ownership of your business: it’s time. The time that you chose, not the time that chose you. But what is it that you are choosing? Many business owners eventually reach a stage in life where they want to retire and enjoy the fruits of...
by Douglas Brown | Mar 2, 2025 | Reality of the Market, Sell business
The more profit your business makes, the better it is for you now and the more it will be worth someday when you decide to transition it to someone else. Of course, if it were that easy, everyone would be doing it. Here are some strategies that even the smallest...
by Douglas Brown | Feb 8, 2025 | Books and records, Obstacles, Sell business, Transparency
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 | Jan 12, 2025 | 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, 2024 | 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...
