Exiting a Business Resources

Businesses are generally bought, not sold. Your opportunity is to position and prepare your company for the best outcome by considering these steps.

The New York Life Small Business Insurance Gap survey shows 38% of small businesses would likely go out of business if the owner unexpectedly died.

Failing to take the proper steps for legal protection can put the business you’ve worked so hard on at risk.

If you are currently in the process of ending the business’ operations, take care of these areas to ensure your business is officially terminated with the state.

If you’re one of the entrepreneurs building your business with the intentions of selling it one day, you should start planning for that day now.

Many small business owners turn to friends/family when looking for capital. These success tips ensure you preserve your finances and relationships. Read more

Most business owners have a vague idea of what their business would be worth if they wanted to sell. Here are four reasons to perform a business valuation. Read more

Your small business’ physical assets make up a sizable portion of the value of your company. That’s why you must ensure that you manage assets correctly.

There are many reasons to close your business, not all of which are related to failure. Whatever the cause, there is a proper procedure for LLC dissolution. Read more

Every business should have a buy-sell agreement from day one. It sets fair value for an individual's share in the company to prevent possible legal conflicts.