by Tom Rodden | Jan 29, 2024 | Uncategorized
How many businesses that are put up for sale actually sell? If you are considering becoming a business broker, that might be a useful bit of information to have, don’t you think? For example, there is a convenience store/gas station near one of our offices that is...
by Tom Rodden | Jun 7, 2023 | Exitology
In 2012, Jaclyn Johnson founded Create & Cultivate, a media company that educates and inspires women to succeed in business. By 2018, Johnson had grown Create & Cultivate to eight employees when an acquirer offered her a staggering $40 million. Unfortunately,...
by Tom Rodden | Apr 24, 2023 | Exitology
The very best time to sell your business is when someone wants to buy it. While it can be tempting to continue to grow your business forever – particularly when things are going well — that decision comes with a significant downside. Take a look at the story of...
by Tom Rodden | Mar 10, 2023 | Exitology
Start to formalize your operations now Small businesses often operate as if their sole purpose is to fund the owner’s lifestyle, but the most valuable companies are run with financial rigor. You may be years from wanting to sell, but starting to formalize your...