10 Mistakes to Avoid When Selling Your Business — An Insider’s Guide, Part 1
Jan/Feb 2013 Issue
The majority of challenges and frustrations experienced by sellers can be avoided with solid information about the pitfalls of selling a business in today’s market. While there are dozens of challenges to overcome, here are five of the most common mistakes that can have drastic repercussions and cause both stress and loss of value on a business sale.
Read More10 Mistakes to Avoid When Selling Your Business — An Insider’s Guide, Part 2
Mar/Apr 2013 Issue
The majority of challenges and frustrations experienced by sellers can be avoided with solid information about the pitfalls of selling a business in today’s market. While there are dozens of challenges to overcome, in the January/February 2013 issue the first five most common mistakes were discussed that can have drastic repercussions and cause both stress and loss of value on a business sale. Here are the next five…
Read MoreExecutive Q&A — Part 1
Nov/Dec 2013 Issue
In the first of a two-part series, we delve deep into the process of selling a business by interviewing Art Blumenthal, nationwide automotive aftermarket business broker, who provides business valuations, exit planning, and buying and selling advisor services.
Read MoreExecutive Q&A — Part 2
Jan/Feb 2014 Issue
In the second of a two-part series, we delve deep into the process of selling a business by interviewing Art Blumenthal, nationwide automotive aftermarket business broker, who provides business valuations, exit planning and buying and selling adviser services.
Part one of the executive interview appeared in the November/December issue of Shop Owner.
Read MorePreventive Measures for a Shop Owner to Take to Avoid the Risks of a Deal Falling Apart
May/Jun 2014 Issue
A business sale requires the full attention and cooperation of the seller. Take your vacation before putting the business on the market. Then be prepared to dig in, be available and be actively involved in the stages of the selling process. Once it’s sold, then it’s time for that trip of a lifetime…
Read MoreWhen Timing Is Everything…the Best Time May Be Right Now
Mar/Apr 2015 Issue
The automotive aftermarket is viewed by many, both within and outside the industry, as a healthy, vibrant, vital growth industry. Qualified serious buyers consider auto service as more recession-proof and less stressful than restaurants and other popular categories of businesses for sale.
Read MoreBusiness Succession Planning:
How Developing Your Effective Exit Strategy Now Increases the Sticker Price of Your Business When It’s Time to Sell
May/Jun 2015 Issue
As a tire or automotive service shop owner, did you know that from a business succession planning perspective, every dollar that you can add to cash flow will likely yield you $2 to $3 in the most likely selling price of your business?!
Read More