Blog for Business Buyers and Sellers

business tax deductionIs the health and longevity of your business tied to your ownership?  We’ve all heard about the importance of making your business “scalable,” but what does this mean, and how do you do it?  In a recent article on Inc.com, “The Secrets of Building a Scalable (and Sellable) Business,” the author stresses the importance of finding ways to make your business concept into something that can be replicated quickly and easily.  Focus on something that you can teach employees that is also valuable to customers and repeatable, with the goal of creating a recurring revenue stream. 

best business brokersSmall business owners often wonder if advertising is worth it. After all, how does one measure the success of a marketing campaign?  We all want to see ROI, but how is that defined in the context of a specific business model?  In other words, a good response to an ad campaign might not be enough to warrant future spending, unless one can be confident that consistent messaging to the same audience has an exponential effect on response.  

business expenseAs a small business owner, you quickly learn to be an expert “multitasker.” Most entrepreneurs wear several hats and juggle dozens of daily responsibilities, but this can make it difficult for them to stay on top of long-term retirement goals.

One of the biggest reasons people give for not starting a business is the lack of security in retirement. Absent a company pension plan or 401K, small business owners must take a proactive approach to building a retirement nest egg.

business successYou probably never thought of your business as standing on five legs. If you have a successful  business then the five legs are present and you are in control of all five. Break one of the legs and your business could be seriously curtailed and even cause bankruptcy.

fund businessEvery year, budding entrepreneurs take steps to turn their vision into a new enterprise. Their ideas may vary, but they all seem to have an abundance of energy and optimism, which is inspiring to everyone around them.

As exciting as it can be to get caught up in the flurry of getting new customers and opening that first office, most entrepreneurs lack the legal knowledge they need to start and run a business. Without this roadmap, it is all too easy to put aside the less glamorous aspects of business ownership.

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