The ultimate test of your business can be found in a simple question: would someone want to buy your company? Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise you have a job, not a business. Here are eight ways to [...]
Early in my corporate career I was in a team meeting where the manager asked us all to answer the following question: what are you motivated by? Sensing a trap, I kept quiet and let my unsuspecting co-workers take the bait. It was only a matter of seconds before somebody wearing his Gordon Gekko hat [...]
Following is a short recap of some of the best articles I’ve recently read on selling a business, buying a business, business value, as well as other useful nuggets of small-business wisdom. [Photos are from my travels around Main Street USA.] When Selling a Business, Don’t Waste a Buyer’s Time – This post addresses how to answer [...]
Whether you believe you built it — or feel as if you couldn’t have done it alone — it’s likely that the primary motivator for selling your business will be the same one that made you start it: freedom.
Regardless of the size of the business, its age – or that of its owner – the industry or geographic location, most of us end up reaching our limit as business owners in much the same way. Here are three reasons why my husband and I decided to sell the first business we started together back in 2003.
In case you missed it this has been National Small Business Week, and I’ve been celebrating on Twitter. Every day this week I’ve Tweeted ways to celebrate small business — both yours as well as others in your community.
This week is National Small Business Week! While we’re always singing the praises of small-business ownership here at Synergy, we’ll be taking this opportunity to share “50 Ways to Celebrate National Small Business Week” on our Twitter feed every day this week. If you’re not following us on Twitter yet, our handle is @SynergyBizNWA.
I guess it should come as no surprise that in over two years of business blogging for the New York Times my most popular post had almost nothing to do with small business.