
Millions of small-business owners may be delaying retirement to their late 60s or 70s and beyond, in hopes of riding out the sluggish economy and a slump in the sales value of small businesses. After all, what are a few more years on the job, especially if it allows a proprietor to open new lines … Continue reading Why Waiting to Sell Your Business Might Backfire

Danny Sullivan dreams of gardening and spending time with his grandchildren, but that’s just a fantasy. Retirement is out of his reach, at least for the foreseeable future The 62-year-old founder of a small catering company spends his days helping stock bars with beer and ice, wooing potential new clients and juggling the 20 to … Continue reading How The Current Economy Stole My Retirement

When Should I Consider Selling My Business Myself? As a business broker, I am often contacted by potential clients who have tried to sell their business themselves without success. In some cases, they simply never received any takers. Others have found potential buyers, only to find that they were not qualified financially AFTER confidential information … Continue reading Selling Your Own Business

I am often asked by prospective clients how long it will take to sell their company. The short answer is an average of four to eight months. Shows like Shark Tank tend to oversimplify the process because they don’t show is the rather lengthy time required for the Buyer to complete their due diligence, which … Continue reading How to Sell Your Business Faster