Deal fever – it’s going to happen during your business sale process. Guaranteed. Learn how to recognise deal fever signs and how to control it as I did.
After Kim’s interview of myself and my business exit story, it was time to switch roles and it was my turn to become the interviewer in order to be able to share Kim’s story with you. Kim’s exit from her business was different to what would be perceived as the norm and shows that business […]
Questions when selling Besides the super obvious question asked when selling a business – ‘How much is my business worth?’ to which there is no straight, easy answer, here are three other questions that we get asked by business owners all the time – along with our answers. Q1: If I am thinking about selling […]
Client contracts are key during a business sale. And making sure that they are signed is sooo worth it and in this article we explain how you go about it.
Over 75% of business fail within 10 years According to the U.S. Small Business Administration, approximately 50% of all new businesses survive five years or more and about one-third last 10 years or more. That means that only 25% of businesses last for longer than 10 years. Yikes! Considering the high rate of failure, wouldn’t […]
When my lawyer looked at me and said, ‘Kim – congratulations, you’ve successfully completed the deal,’ I felt numb. I was speechless and devoid of any feeling. In fact, if it wasn’t for my body I would have evaporated into the air. I had survived my business sale completion day! After spending months of negotiating, […]
Due diligence questions can take its toll on your business if you’re not prepared for it. We tell you how to prepare for it and be ready to bat the answers straight back.