In most cases, the sale of a company’s ownership interest can occur in one of two ways: a stock sale, or an asset sale. While there are many considerations, they key differences often come down to tax implications and potential… Continue Reading
How to Sell a Small Business Quickly If you’re a small business owner looking to sell your business quickly, you may be feeling overwhelmed by the process. Selling a business can be a complex and time-consuming task, but with the… Continue Reading
How to Sell a Small Business by Owner As a business owner, let’s say had a good run, and you are ready to sell your business. You call a broker and they tell you the cost for them to sell… Continue Reading
When I was creating digital marketing ads for my fitness studio, I tried every exercise-related image in the book. I tried action shots, still shots, fitness statistics, pictures of the outside of the studio, pictures of retail, pictures with women,… Continue Reading
As a business broker, I have encountered countless businesses who have wanted to sell, yet their revenue and earnings were far too low to justify the expense of a business broker. A business broker isn’t cheap, but often necessary to… Continue Reading
Every business needs a business bank account. Please please please, don’t even think about running your business through your personal checking. Fortunately, business bank accounts are relatively easy to open and can be essentially free if you follow their requirements.… Continue Reading
I think sports are a great comparison to business, all the way from the work ethic and practice required to get good at each craft, to the sense of competition that is always present. One of the things I think was thinking… Continue Reading
Everyone defines success differently, and for some, success is constantly a moving target. In fact, sometimes I worry that I never feel like I will achieve success because I have an ongoing desire to keep raising the bar for myself.… Continue Reading
There is a well known blog post written by James Altucher (maybe before him, but I don’t know) explaining that one of the best ways to train your brain is to write down 10 ideas per day. No further instructions than… Continue Reading
Grossify-ing margins is not a real word, but its kind of a word. Now that we got that out of the way, I want to talk about the importance of protecting your margins in e-commerce. Gross margins of a product… Continue Reading