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Selling Your Small Venture to A Bigwig- A Guide

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Selling a small venture to a larger company is no small task! Before this crucial move, you have to think of various pros and cons and analyze several aspects. It is not something you should do in a hurry and the time is worth investing in. More than anything, you will need proper planning and for the execution, seeking the services of a veteran broker or financial advisor will be necessary. Things to analyze before selling your small venture Before you sell your small business to a large entity, analyze these key aspects carefully. Think of the reason- Why do you want to sell your small venture , to start with? There could be various reasons including hardships in continuing with it, lack of expertise, health issues etc. The right time- It is easier to sell your small business to a larger player if the timing is apt! Your venture should appear viable to the prospective buyers and then they might be open to the acquisition deal. Ensure you sell the venture when it is in good shape
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The Pros of Third-Party Sales

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After business owners have set their retirement goals and have learned what they need to do to build and protect business value, they make a big decision: Which Exit Path should I take? At the outset of Exit Planning, many business owners believe that they’d like to sell their businesses to third parties. In this post, we’ll examine two of the most common reasons business owners think about pursuing third-party sales as their chosen Exit Path. Third-Party Sales: Perceived Pros Think about some of the most successful business sales and mergers. Whether it’s Facebook buying Instagram for $1 billion or Google offering to buy Snapchat for $30 billion, a common presumption that business owners make when considering a third-party sale is that they can make the most money by selling to a third party. Typically, they’re correct: Of all Exit Paths, third-party sales tend to provide business owners with the most money, the most quickly. The First Pro: Money For some bus
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Transferring Your Business to Your Employees

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We often hear owners say they want to transfer their businesses to third-party buyers when they first encounter the concept of Exit Planning. However, we’ve observed that in many completed Exit Plans, owners actually choose to transfer their businesses to employees. Some reasons for this decision include employees knowing the culture and values of the business, a desire to keep the business with people the owner knows and trusts, and employees’ inherent desire and commitment to grow the business. As owners start to consider options that include transferring to employees, they can forget to ask two important questions: 1.    Do the employees I want to succeed me even want my ownership? 2.    If so, how can I motivate each employee to stay and make the financial commitment? Your love and enthusiasm for your company can cause you to skip these critical first questions. What may seem like a good fit to you can lead to chaos if the most important employees (often referred to as “
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Location: California, USA
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