We talked about the importance of drawing individual buyers to the sale of a business with emotional appeals. These motivations play a key role in understanding the buyers that may be drawn to purchase a business. However, emotional appeals are not as motivating to...
Selling a business takes a lot of preparation. Don’t forget to consider the buyer and what may be motivating them to become business owners, and specifically to want to buy YOUR business. Emotional motivations play a key role in understanding the buyers that may be...
Calculating your business value takes a keen and objective eye. The process for determining the worth of a business is an act that is equal parts skill and art, one that a good broker will be fluent in. As a tool used to determine the sale value of a business, to...
It’s very common for business owners and entrepreneurs to question whether the business has run its course and it’s time to sell. If it doesn’t seem obvious that time has come, contemplating the “why” is a healthy and pivotal exercise to take on before taking the next...
If you’re looking to buy a specific business or franchise in Michigan, you may be questioning whether you are up to the task, or whether you will fit into the structure or atmosphere of the new venture. Questioning how your personality would fit into different work...
