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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
"Learning to improve your negotiating skills is the highest and best use of your time," says Roger Dawson, a topic expert on negotiations. Dawson provides a series of strategies that entrepreneurs can use to improve their negotiating skills.
When it comes time sell your company, one of the toughest issues is communicating the process to employees. One positive way to do this is to establish a company culture rooted in honesty and openness, which can allay employee anxiety during a potential company sale.
Most entrepreneurs eventually face the question: is it time to sell my company? The issue often arrives with inadequate time to consider all of the issues. Assume the question will arise and game out possible scenarios.
Selling your business is similar to raising capital. The difference: you're selling the whole company. Selling your company, like raising money, includes preparing the business plan, financials, cash-flow projections, and demonstration of Sarbanes-Oxley compliance practices.
Entrepreneurs often receive unsolicited offers to sell their business. Many offers are not worth your time. Instead, be attentive to a query from a company or individual with acquisition criteria that is rigorously designed to benefit both parties.
In choosing to sell his company, the author provided potential buyers with a compelling story of future growth opportunities, profitability, and potential synergies. Above all, the author's experience suggests be patient and know what you want to achieve before you start the process.
Selling your company involves an entire set of specific business and legal terms and conditions that relate solely to this transaction and are often new to first-time entrepreneurs. This document contains a helpful list of pertinent terms as well as some issues that the selling entrepreneur might consider before closing the sale.
A critical early step in preparing your company for sale is hiring an investment banker to guide you. The ten-point set of guidelines contained in this article will help you recruit and hire the right investment banker.
SWOT analysis provides an excellent tool for entrepreneurs to evaluate the strengths, weaknesses, opportunities, and threats of their business.
Entrepreneurs should articulate their purpose in a specific three-year vision statement with specific goals for growth.
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