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...
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...
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...
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...