Case Study #29: Replacing Yourself

Case Study #29: Replacing Yourself

Some years ago, Jim Brown started a software company called TerrAlign. This Sales Territory Management Software designed the best possible territories for sales representatives. They started in pharmaceuticals, but quickly entered into the consumer goods and medical...
Bad Deal or No Deal?

Bad Deal or No Deal?

One important reason you hire a broker to help you sell your business is the addition of a person to the transaction who is not emotionally tied to the business. We are there as your representative – to make sure you get the best deal possible at the time you...
Seller Financing and Why it Matters

Seller Financing and Why it Matters

Seller financing is simply a particular portion of the sale of a business that is financed by the seller. This can sometimes include 100% of the sale price, but very often it’s a much smaller fraction of that, and is a frequent component of SBA loans. In this article...
Remote Work and the Business of the Future

Remote Work and the Business of the Future

Even five years ago, most people would not have known a single person who worked remotely. Now, many people know at least one person who has either a location independent job or business, or who has some kind of flexible work arrangement with their employer....
Should You Give Employees Stock?

Should You Give Employees Stock?

One of the biggest mistakes that any employer can make is thinking that his/her employees think similarly. “Well, that’s what I would want!” is a terrible criteria by which to decide whether you should give your employees stock. While stock options seem like a...