Letters Of Intent
A SuccessionMatching Blog
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...
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...
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....
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...
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...
5 Ways You Can Profit from a Succession Plan
Starting a succession plan early has many benefits, but it is tempting to push succession planning off until later. If you need the motivation, it can help to view a succession plan as a profitable business investment. Here are five ways that starting your succession...
Benefits of Having DCF (Discounted Cash Flow) and How SXNM Can Help
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.
Finding Financing
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.
Formal Succession Planning is a necessity that isn’t going away
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.
Emotional Readiness to Sell
Getting a business ready to sell naturally consists of many moving pieces. What many business owners neglect to recognize in the transition process is that there is a very large emotional component. For some, their business wasn’t just their livelihood -...