Do you want to know what happens to existing contracts when a business is sold? If YES, here are a few clauses and contract principles you must know. When a business is sold or bought, a key component is the contracts to which the company is a party to. These contracts can be with customers…
Do you want to exit your business and you are considering selling to a competitor? If YES, here is a complete guide on how to sell your business to a competitor. Deciding to sell off your business is never easy. Maybe you are doing it because your business is failing and you will like to…
Do you want to exit your business and you are considering selling to the Chinese? If YES, here are 17 tips on how to sell your business to Chinese investors. The world is currently a global village, and entrepreneurs are starting to look at the global scene when conducting their business. International investors, including those…
Have you been able to build a successful Business model overtime that can survive beyond your present location? Is your brand known and well accepted in your area of operation? If you answered yes to these questions, then you may consider leveraging on a franchise to expand your business frontiers, so as to make some…
When you sell an item that is valuable, something that is an asset you are expected to declare capital gain on the asset you sold for the payment of your capital gain tax. Capital gain tax is a tax you pay on the profit you made when you sell something valuable usually an asset that…
When you have made up your mind to sell your business, one of the important steps to take is to protect your confidentiality and ensure that business secrets stay secret even when you may have exited the business. A Non-Disclosure agreement is a document signed by parties to a contract in order to restrict third…
Every smart business owner must have a carefully planned out exit strategy. The reason is because no matter how much you desire it, you cannot continue to run your business forever. There will come a time when you are either too old or too weak to run the business and you would have to hand…
Are you interested in selling your business but you don’t know how to determine the price and value for your business? If your answer to the question above is YES, then i advice you read on. Many business owners end up selling their businesses for less than the actual cost because they didn’t evaluate their…
What are the legal requirements for selling a business? Are you about selling your business and you want to know the legal requirements and protocols involved? Then i advice you read on. Selling a business is tough and time consuming. Once you have decided to sell your business, you want to get the deal done…
Are you in the process of selling your business? Do you want to sell your business without involving the services of a broker? If your answer to the questions above is YES, then I advice you read on. No doubt, selling your business through a broker has many benefits and can save you a lot…
In the process of selling your business, a due diligent checklist is one of the most important steps you must not take for granted. WHY? The reason is that it can make or mar the entire process thus leaving you with a burnt finger. In this article, I will share with you a ten step…
STOP!!! Do you have a plan to sell your business, either now or in the future? Then I advice you shelf that plan until you ask and answer the questions listed below. Call this a follow-up to my previous article “How to Sell your Business” and you won’t be wrong. If you are that kind…
What is your business exit strategy? How do you know the right time to sell your business? Well, if you have a plan to sell your business in the future; or you are currently starting a business to sell? Then read on as I reveal five signs to know when to sell your small business….
Do you need information on how to sell your business fast without a broker? Are already in the process of selling your small business and you need advice to increase your chances of success? If any of the criteria above best describes you, then below is an in-depth guide for selling a business successfully. Selling…
Do you want to sell your business quickly but you lack ideas how to do it? If YES, here is a step-by-step guide to selling a business online without a broker. There are dozens of things that you have to think about when you are trying to sell your business. You have to search for…
Do you want to buy or sell a business but don’t know how to determine its true value? If YES, here are 20 tips to help you value a business based on revenue. Business valuation is one of the most important aspects of a business buy/sell agreement. You want to ensure that you don’t pay…