Key takeaways on “6 Ways To Sell Your Business To A Competitor”: Know your numbers Proper nondisclosure agreements Be cooperative Don’t be afraid to ask for help when you’re trying to sell your business to a competitor Helpful Tips To Help You Sell Your Business To A...
Key Takeaways from “Staring a Business? Here Are 3 Genuine Questions To Ask Yourself: Why do you want to start a business? What is your ultimate goal of starting a business? What are SMART goals? Does your strategy match your goal? Are you able to execute? 3 Questions Every Entrepreneur...
Key takeaways from “Know When To Sell A Business Versus Trying To Grow It”: Realize that it’s okay to sell a business instead of trying to invest the time & capital to grow it Understand the aspects that are needed to grow a business Ways to sell a business for a fair...
Key takeaways for “5 Ways To Add Value To Your Business By Being Less Involved”: Understand how your daily involvement impacts the value of your business in a negative way The importance of having monthly recurring revenue to add value to your business Empower employees to make...
Key Takeaways from “7 Ways To Lose Money Selling Your Business In Texas”: The biggest mistake when selling How pricing structure can affect your outcomes Why timing is so critical Whether you should sell yourself, use a broker, or sell directly to a business investor 7 Ways To Lose...
Key takeaways from “How To Decide When To Sell Your Business” Is someone else willing to risk more to grow your business than you? What stage of your business should you sell? Do you have other, more profitable opportunities elsewhere? How the ‘sunk cost fallacy’ can...
Key takeaways from “1 Common Mistake Business Owners Make When Selling”: Should you cross-sell new products or focus on existing core competencies when positioning yourself for sale? Example of why cross-selling is common mistake business owners make If you’re even thinking...
Key takeaways for “One Simple Tweak That Can Add Millions To The Value Of Your Business”: The equation to determine the value of your business Definition of business multiple Guidelines of the multiplier 3 examples of how to increase your multiplier Most entrepreneurs understand the...
Key Takeaways on how to avoid disappointment when selling your business: a common mistake people make when evaluating their business (similar to evaluating their home) ways to avoid setting unrealistic expectations how to endowment effect impacts your ability to set reasonable pricing...
Article Summary of How To Avoid This #1 Mistake When Selling Your Business: Stepping Into the Mind of Your Buyer Should I Build or Buy? The Worst Deal You Can Take How To Avoid This #1 Mistake When Selling Your Business What one habit separates top-performing athletes and teams from second-tier...