Articles and News
How Standard Operating Procedures Add Value When Selling Your Business
If you’re considering selling your business, preparing your company for sale is a critical step. One of the most effective ways to increase your business’s appeal to potential buyers is by implementing or refining standard operating procedures (SOPs). These documented...
How Customer Concentration affects Business Valuation
When evaluating a business, one factor that often holds significant weight is the nature of its customer relationships. These relationships can represent both an opportunity and a risk, influencing everything from revenue stability to growth potential and even the...
How to Create a Smooth Transition Plan for New Ownership
A well-executed transition plan is critical for ensuring the success of new ownership in any business. This guide outlines actionable steps to streamline the ownership change process, maintain operational continuity, and foster confidence among stakeholders. 1....
The Critical Role of Intellectual Property in Selling Your Business
When selling a business, one of the most valuable assets you may possess is intellectual property (IP). With nearly every business today having some form of IP, understanding its importance in the sale process can significantly affect your company’s valuation and the...
Strategies to Improve Your Business’s Curb Appeal to Potential Buyers
n business, just like in life, first impressions are everything. Whether you're meeting a new client, launching a product, or even going on a date, the way you're perceived can make a lasting impact. The same holds true when you're ready to sell your business. Making...
How to Prepare Your Business for Sale
Preparing your business for sale is a critical process that can significantly impact the value of your company and the ease of the transaction. Taking the time to get your business in order can ensure a smoother sale, optimize your finances, and prevent deal fatigue....