When considering selling your business, it is crucial that the potential sale remains confidential. Having employees, customers and vendors learn of a possible sale can have devastating consequences on the business. For instance, customers may leave, employees may seek out other opportunities and the valuation of your business may decrease. These problems may weaken your bargaining position as you
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HOW TO INCREASE THE VALUE OF YOUR BUSINESS, GROW IT AND SELL IT. Every small business owner needs know how to increase the value of your business to grow and sell it. Check out a recent discussion on the Capital Sage Podcast with Andy Cagnetta President and CEO of Transworld Business Advisors, the world largest business brokerage firm with offices all over the world. Preparing a
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Industry Spotlight: Retail Businesses Optimistic is the word most retail business owners used to describe their outlook for growth when they answered market research company CIT's 2016 Survey of Middle Market Retailers. The survey, conducted by Harris Poll, found that 80% of retail businesses of various sizes say their overall financial condition is healthy or very healthy - a huge increase over
Industry Spotlight: Salons Owning a salon is the ideal enterprise for entrepreneurs who enjoy making customers feel great about themselves. Because a significant portion of the consumer population rarely sacrifices spending on personal appearance and grooming even in hard economic times, the salon industry is virtually recession-proof. With fashion at its center, the salon industry further offers
It may come as no surprise that the pizza industry is fast-growing and extremely popular among consumers. With taste and quality being among the most important qualities when choosing a restaurant, of 68,950 restaurant goers, 47% actually stated that reasonably priced food outranked food quality (30%) and type of cuisine (25%). Studies conducted in the United States showed 18.5 billion of 45.1 bil
Industry Spotlight: Craft Businesses The craft industry includes goods that are handmade by artisans or those skilled in a particular trade. According to the Craft & Hobby Association, the craft industry includes businesses engaged in the design, creation, distribution, and sales of products. During the recession, when many other retail sectors declined, the craft and hobby industry held steady a
Following trends is not just about hashtags and designer labels. Market research for entrepreneurs and business owners can make all of the difference when on the hunt for the next big purchase. Market research is conducted to get into the psyche of the consumer - what makes someone more or less inclined to purchase your product or service? Once a business owner understands this, it can impro
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2020 Small Business Trends for Investors In order to predict business trends in 2020, one must reflect on the previous year. As we enter into the first months of this new year, let’s take a look at some of the fastest-growing new industries in the United States. Wind Turbine Installation Automated Guided Vehicle Manufacturing Solar Power Social Networking Platf
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