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Archive for the ‘Selling a Business’ Category

One of the Biggest Mistakes Made by Sellers

Icon Written by admin on September 20, 2009 – 2:47 pm

I recently watched helplessly as one of my listings closed its doors after investing almost $300,000.  We originally advertised the business at $225,000 but it languished on the market with nary a serious inquiry.  Against my advice, the seller refused to go below $200,00 until the VERY LAST WEEK.  At that point, he was willing [...]



Don’t Assume it is not a Good Time to Exit

Icon Written by admin on May 13, 2009 – 1:32 pm

Jeff Cornwall
on April 15, 2009 6:03 AM
http://www.drjeffcornwall.com
I have been hearing of an increase in the number of people selling their businesses over the past few months.  Financially strong companies and cash rich investors looking for good acquisitions are starting to move in the market.

Since it is a buyers’ market right now, you need to set [...]



Can you sell a business without your employees’ knowledge?

Icon Written by admin on February 28, 2009 – 8:45 pm

While I’m trying to organize information on this blog, I decided it would be a good idea to write about situations as they come up – perhaps you’re struggling with the same problem.
A friend of mine wants to sell her business but is afraid of a mass exodus of employees if they find out – [...]

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