ryan

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About ryan

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So far ryan has created 18 blog entries.

How to Build Your Business for a Strategic Acquisition

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In the past year, I've had multiple competitors approach me to acquire one of the businesses that I own. Being approached by competitors -- or anyone for that matter -- is always flattering, but, more importantly, it opens a door for many business owners that they have not considered in the past: selling their business. [...]

Strategic Planning for the Next Owner of Your Business

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This is the time of year when business owners are budgeting for next year and planning strategic decisions for the future. Those decisions may involve pursuing a new product, upgrading an IT system or opening a new location. When making strategic planning decisions, are you — the business owner — considering the impact on the [...]

The Gap Between Small Business Owner Expectations & Sales Process

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BizBuySell.com survey of small business owners and business brokers shows many owners are unaware of what to expect when it comes time to sell their businesses. San Francisco, CA - BizBuySell.com, the Internet's largest business-for-sale marketplace, today released a new study on how small business owners' perceptions of the sales process compares to what business [...]

The Right Reasons To Sell Your Business

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Here we explore the reasons people sell their company and when it is right to let go. People sell businesses for a wide range of reasons. Sometimes several motivations converge.Those reasons all fall into one of two camps: factors related to the entrepreneur’s personal circumstances or those related to the business’s fortunes or development and [...]

The 5 Questions To Ask Your Potential Business Broker

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Before you hire a business broker, you need to ask them a few questions. There are actually several questions that should float around in your mind, but we will condense them down to five. By asking these questions, you can get a better idea of how the broker can help you. This will avoid choosing [...]