How to transfer a business to a family member
When your time at the business you created draws close, it’s essential to start creating a plan for the future. From an open market sale to family succession, there are many options for all owners. Handing your business down to a family member is a proud moment. You’ve built your company for years, and passing the baton […]
The complete checklist for selling a business
This article was originally posted on 28th of August 2020 and has been completely revamped and updated to keep it up-to-date. Once you’ve decided it’s time to leave your business, the next step is getting your documents ready for sale. But, is there an easy way to navigate this process? It can be difficult to […]
Business exit strategy – the ultimate guide
A business exit strategy may not be the first thing you think about when you start your business. And why should you? The dream of anyone going into business is to create a service that is functional for many people. By doing so, they create an impact and leave a legacy, while making a handsome […]
What is Sellability and why you should care?
Sellability is the concept of being able to sell something, easily. If we think about vinyl records as an example. Since their inception to the mainstream in the 1930s they were popular and easy to sell. They captured a moment, a feeling, a memory. Vinyl records had sellability. Roll forward to the late 80s, 90s […]
Sell your engineering business with these 6 sector-specific tips
Has the time come to sell your engineering business? Are you ready to retire or would you like to step back from day-to-day operations? Either way, you’re likely to face some unique, sector-specific challenges when coming up with your exit strategy. For example, in some instances, only licensed professional engineers can buy engineering companies. This makes your target market […]