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Related Articles By John Reddish
Succession and Peace of Mind
The sale of your business isn’t complete until the last check has been signed, the last contingent liability has been cleared and the statute of limitations has run on any potential civil litigation.
Who Comes Next: Succession Issues For Business Owners
Successfully selling your business entails many perils before the deal is done. Review some of the key concerns before you put your business on the block and potentially save yourself a bundle of problems.
Finding Pockets: Buying A Business
Looks at how to finance buying a business. People with a dream borrow money every day. But be wise and be wary when financing your dream through any kind of debt. Don't let your dream become a nightmare.
How to Buy a Business
Reviews four sources of funding - personal savings and assets; trade credit; borrowing against assets; and, bank debt.
Valuing The Closely Held Company: Which Way Is Best
Gives three different ways to determine the value of a closely held company: use industry norms of earnings, comparable sales of public companies or formula approaches.
The Business Leader: Responsibilities
Quick checklist for determining whether you want to stay and run your business or whether it’s time to call it a day.
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