How to make your business more attractive to buyers?

Thinking about selling your business? Well, there’s a lot of things to do to get it ready to sell. But, learning how to make your business more attractive to buyers can offer some extremely profitable benefits. It helps you to make a higher profit, and it shortens the selling time. Just like selling a house. So, if you want to get your business into a sell-ready condition, here’s how to make your business more attractive to buyers. Make sure it's self-sufficient When the prospect of selling arises, ask yourself if the business can run if you're not here. If the answer is no, consider taking a big step back. In these cases, selling isn’t even an option. Any wise buyer will be able to spot an owner-centric company a mile away, and he will lose interest. You have to make your company self-reliant, that's the first order of business. This can be challenging if you’ve spent your entire business career growing your company. But it’s important, especially if you’re planning to sell an…
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  • May 19, 2020
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Expanding your NY business to other states

Leading a business requires a certain set of skills in order to do it properly. It's not an easy trade no matter how small or big the business is. However, that is just the beginning. Things are starting to be more complex when you decide it is time for expanding your NY business to other states. First, you have to make sure you are properly registered with the local secretary of state. Second, you have to be familiar with the rules and all taxations that come with doing business in another state. Last, but not the least, you need everything about registration of your business as a foreign entity, so you don't have to incorporate your business all over again. (more…)
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  • December 11, 2019
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