A company acquisition can be a fast track to business growth. Like merging with another business, it can give you access to new customers, distribution channels, skills and knowledge, while putting more resources at your disposal (e.g. personnel, additional branches, intellectual property and so forth). A business acquisition may also help you to develop your own products or services. But with […]
You’ve been thinking and talking about it with family and friends and you’ve decided that it could be the right time to sell your business. According to one report, small business acquisitions have gained excellent traction, outperforming pre-pandemic levels in the fourth quarter of 2021. Even more interesting is that sale prices have risen by 16% […]
Just as you needed a plan to get into business, you’ll need a plan to get out of it. Selling or otherwise disposing of a business requires some forethought, strategizing and careful implementation. In some ways, it’s a little more complicated than starting a business. For instance, while there’s really only one way to start […]