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The Smart Choice: Why Buying a Business Triumphs Over Starting From Scratch
The allure of entrepreneurship is undeniable. The prospect of creating something from scratch, watching it flourish, and enjoying the fruits of your labor is a dream that many individuals share. However, there's a road less traveled in the world of business ownership...
How SuccessionMatching is Providing a Future for Displaced Ukrainians
SuccessionMatching’s Ukrainian Project was designed to take the complex problems of finding employment for 100 million displaced persons living in refugee camps, skilled workers shortage, finding financing to purchase a business, and the impact of business succession...
Transforming Your Business for a Successful Sale: The Power of Physical Staging
Selling a business is an intricate process that requires careful preparation and attention to detail. Just like selling a house, staging plays a crucial role in attracting potential buyers and ensuring a successful sale. By investing time and effort into the physical...
The Steps of Succession
Embarking on succession planning can feel overwhelming, yet it holds great significance for your business, particularly as you approach retirement or the sale of your business. To provide guidance through the succession planning process, we have prepared a...
7 Strategies to Increase the Value of Your Business
Are you looking to maximize the value of your business and set yourself up for long-term success? Here are seven powerful strategies that can help you achieve just that. 1️. Reduce Dependency on Yourself While increasing revenue is crucial, it's equally...
Selling Your Business with Confidence: Essential Steps for a Successful Transition
Selling your business is a complex endeavour, so a seamless process is crucial for achieving a successful outcome. This guide is designed to assist business owners in navigating the intricate process of selling a business with confidence and achieving optimal results....
5 “Reminders” When Selling Your Business
1. Remember to prepare your financial records One of the most important aspects of selling a business is having accurate and up-to-date financial records. Buyers will want to see financial statements, tax returns, and other financial documents to assess the value of...
The Power of Two Simple Words: “Please Explain”
Clear communication is vital in any exchange of information, and this holds true for buying or selling a business. While technology has made it easier to convey directions or information, there are times when old-fashioned communication becomes necessary. In such...
3 Things You Didn’t Know About SuccessionMatching.com
Succession planning is critical for the long-term success of any business, but it can be challenging to navigate on your own. That's where SuccessionMatching.com comes in - we offer a range of resources and services to help you plan for the future of your...
Is Incorporating Worth it?
As a business owner, one of the key decisions you'll need to make is how to structure your business. A common consideration is incorporation, which involves establishing a separate legal entity for your business. Some incorporate too soon, while others not at all. How...
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Selling Your Business with Confidence: Essential Steps for a Successful Transition
Selling your business is a complex endeavour, so a seamless process is crucial for achieving a successful outcome. This guide is designed to assist...
Hidden Costs of Selling a Business
Creating a succession plan is extremely important and can provide many benefits to you and your business. Unfortunately, many business owners neglect to create a succession plan for when they leave their business until it’s crunch time — right before they choose to leave or (in unfortunate circumstances) are forced to leave.
For Family Sake
Creating a succession plan is extremely important and can provide many benefits to you and your business. Unfortunately, many business owners neglect to create a succession plan for when they leave their business until it’s crunch time — right before they choose to leave or (in unfortunate circumstances) are forced to leave.
Financial Barrier
Buying a business is no small feat, and what many business owners fail to consider when selling is the struggle for the buyer to find financing....
The Ukrainian Project
When Alison approached me in March about needing to do something to help Ukrainians at the beginning of the war, I was on board - but certainly...