General Planning | The Small Business Support Network

When It’s Time To Close A Business – Don’t Let Your Business Ruin Your Future

by Carrol McCarren | Apr 28, 2016 | General Planning, Planning

Many entrepreneurs will face the fact that their business is no longer viable. They have become less profitable – or unprofitable. Revenue is declining. The market is just not there for whatever reason. Too often owners will hang on hoping for a miracle that never...

Selling Your Business

by Carrol McCarren | Jul 10, 2015 | General Planning, Planning

The Time is Right For Selling Your Business There are two rules you should know about in the brokerage of closely held companies: The value of your business is determined by how much profit you show on your tax returns. How much you actually made is irrelevant. Your...

Sometimes Closing Down The Business Is The Right Move

by The Small Business Support Network Experts | Oct 17, 2014 | General Planning, Planning

If you’ve decided the most expedient plan is to close your business, you will need a coherent strategy to exit with the minimum amount of grief for everyone involved. A Sole Proprietor can make the decision to dissolve on his or her own. A partnership, LLC, or...

The Big Reward Is Selling Your Business

by The Small Business Support Network Experts | Oct 17, 2014 | General Planning, Planning

SELLING YOUR BUSINESS There are two rules you should know about in the brokerage of closely held companies: 1. The value of your business is determined by how much profit you show on your tax returns. How much you actually made is irrelevant. 2. Your business is...