Tight Money Economy; Is It Time to Consider Owner Financing?
On July 26, the Fed raised interest rates another .25% after a brief pause. They also signaled that another raise may be coming. The move nudged the federal funds rate to [...]
On July 26, the Fed raised interest rates another .25% after a brief pause. They also signaled that another raise may be coming. The move nudged the federal funds rate to [...]
Business owners decide to sell for many reasons: They’re tired of being the boss. They’re empty nesters, so they don’t need reliable income anymore. They want more freedom. There are [...]
This is a good time to review and update your company’s pricing, especially if you’re considering selling the company within the next year or so. No one knows better than [...]
In almost every business listing, we add this sentence: “Owner is willing to stay short-term to ensure a smooth transition.” What does that mean for the seller, and why does it [...]
If you’ve been in this business long enough, you’ve seen plenty of change. For years, people bought from companies based on word of mouth. They found vendors through the telephone [...]
Economists and other pundits have been talking about a slowdown for at least a year. Some say we’re headed for a recession; some say we may still get a “soft [...]
Here’s my definition of a great deal: the buyer walks away thinking, “I might have paid a little more than I wanted, but I got a good deal.” The seller [...]
Patrick Lange As I write this, it’s 70 degrees outside my office on the west coast of Florida. It’s 45 degrees in Nashville, 27 degrees in Minneapolis, and 83 degrees [...]
Structuring an Agreement that Works I spoke with George Pappas, a Clearwater, Florida-based attorney specializing in business and title law. Pappas says that if a company is structured as an [...]
Almost every business owner has at least one trusted, long-tenured employee who is indispensable to the business. They keep things running smoothly when you’re out of the office, solve problems [...]