News and Tips
Using Mediation to Avoid Business Lawsuits
In my last blog, I discussed the importance of trying to resolve disputes and lawsuits related to your business and business relationships. Mediation is a valuable option that can be used to resolve business disagreements. Mediation is a method of trying to settle a...
Avoiding Lawsuits in your Business
Resolving Business Disputes Most people do not like conflict. A disagreement can be especially uncomfortable in business relationships. In business, we often have business partners, vendors, suppliers, employees and other relationships. When all the various players...
Selling a Business – Part 3
You have Buyer ------ What Happens Next? You have a Buyer to purchase your business and the terms of the purchase are in a written Purchase Sale Agreement. The Escrow For the sale of your business to be completed, escrow should be opened at a reputable escrow...
Selling a Business, Part 2
Finding a Buyer for the Business When you have prepared your business for sale (see blog entry “Selling a Business, Part 1”), the next step is to find potential buyers for the business. Options include listing the business for sale with a business broker. There are...
Selling a Business? Part 1
You have worked to build up your business and to become successful. Now you have decided to sell your business. What steps are necessary for a successful and smooth sale to the new owner? Preparing to Sell a Business A business may be sold by listing the company for...
Do you Have an Exit Plan for Your Business?
It is a very exciting process to have an idea, create a business using the idea and watch the business flourish through the years. For small and medium-size businesses, where the business owners are intimately involved in the business, it is crucial to have plan for...
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