New Haven Legal Blog

Attracting Buyers, Then Kicking Them to the Curb?

28
September
2014

There are many ways to sell a business. You can more-or-less transfer ownership to a close friend/family member, you can accept the first offer you receive, you can keep it on the market for years while fielding offers and continuing to grow, or any number of other tactics. One of the weirder tactics ever seen […]

Posted in Sale of Business |

D.I.C.E. – The Story Behind Exiting a Business

21
September
2014

Forming or starting a business can be a great learning experience for many people, as it requires you to start something with a plan for how it ends. That is, as popular author Stephen Covey would say, “Begin with the end in mind.” What that means is that any long-term successful business needs to have […]

Posted in Exiting a Business, Sale of Business |

How Dependent on You is Your Business?

14
September
2014

When it comes to selling a business, there are many factors that play into how much a business is worth, and how eager prospective buyers will be to put in an offer. There are many obvious ones, such as size of the customer base, stability of employees, age of technological equipment, etc. One of the […]

Posted in Sale of Business |

Patience is a Virtue When Selling a Business

07
September
2014

The decision to sell a business is likely going to be fraught with uncertainty  and emotion, and plenty of time taken to consider all possibilities and options. Some people just up and decide to sell their businesses, but far more likely, the decision-making process is months or even years in the making. Certainly a well […]

Posted in Sale of Business |