Recent Articles From EvanCarmichael.com http://www.evancarmichael.com/ http://www.evancarmichael.com/Franchises/4252/5-traits-of-a-successful-entrepreneur.html http://www.evancarmichael.com/Franchises/4252/5-traits-of-a-successful-entrepreneur.html Entrepreneurs come in all shapes and sizes including diverse social, economic and education backgrounds. There is no “guaranteed” path to being a successful entrepreneur but this article suggests there are five traits they generally have in common. http://www.evancarmichael.com/Franchises/4252/The-Power-of-Seller-Finance-to-sell-your-business.html http://www.evancarmichael.com/Franchises/4252/The-Power-of-Seller-Finance-to-sell-your-business.html Selling a business comes with many challenges. The number one reason most transactions don’t close after a buyer and seller have “negotiated” a deal is that the landlord cannot come to terms with the seller and/or buyer. The number two reason is that finance is not available. http://www.evancarmichael.com/Franchises/4252/Importance-of-a-business-valuation-when-selling-your-business.html http://www.evancarmichael.com/Franchises/4252/Importance-of-a-business-valuation-when-selling-your-business.html A great starting point if you are seriously considering selling your business is getting a valuation. Depending on the business valuation, your next steps may be getting advice from your accountant on how much you keep and how much will go in taxes so you know you truly wish to sell. But this article is about the importance of a business valuation prior to trying to sell your business. http://www.evancarmichael.com/Franchises/4252/Buying-or-selling-the-Perfect-Business.html http://www.evancarmichael.com/Franchises/4252/Buying-or-selling-the-Perfect-Business.html Buying or selling a business comes with many variables. The seller brings their perspective of knowing the business “like the back of his hand” as they are responsible for growing and maintaining the business. The buyers bring new enthusiasm and ideas with a mixture of trepidation and excitement. Finding the right business is generally a major challenge. If a seller and buyer can come together with as many of these items aligned, they have a much greater chance of success. http://www.evancarmichael.com/Franchises/4252/5-tips-to-use-when-selling-your-business.html http://www.evancarmichael.com/Franchises/4252/5-tips-to-use-when-selling-your-business.html Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 suggestions for a seller to use when approaching the way to sell their business. http://www.evancarmichael.com/Franchises/4252/10-things-to-expect-from-your-business-intermediary.html http://www.evancarmichael.com/Franchises/4252/10-things-to-expect-from-your-business-intermediary.html Buying or selling a business comes with personal emotional and financial risk as well as the complexities of finance, accounting, tax, negotiation and legal items. Having a professional agent or intermediary to help “quarterback” and manage the variables is good business. Here are some attributes to look in the intermediary that you choose. http://www.evancarmichael.com/Franchises/4252/5-things-to-consider-if-selling-your-business.html http://www.evancarmichael.com/Franchises/4252/5-things-to-consider-if-selling-your-business.html Selling a business requires not only preparing the business for sale, but also what you do as the owner. The following are 8 tips for you to consider if you want to successfully sell your business. http://www.evancarmichael.com/Franchises/4252/8-tips-to-consider-when-selling-your-business.html http://www.evancarmichael.com/Franchises/4252/8-tips-to-consider-when-selling-your-business.html If you are planning on selling your business and your motivation is high, the following tips may help you. Be careful that your desire to sell your business does not come at the expense of making a decision too quickly or indeed being pressured into something you may not normally consider. http://www.evancarmichael.com/Franchises/4252/5-more-guaranteed-ways-NOT-to-sell-your-business.html http://www.evancarmichael.com/Franchises/4252/5-more-guaranteed-ways-NOT-to-sell-your-business.html Selling a profitable and attractive business is always a complex process. If you own a business and wish to sell, make sure you understand that what you say and do will affect the outcome. This is the second of three articles. The first is called “5 guaranteed ways not to sell your business.” The third is called “5 things to avoid when trying to sell your business.” http://www.evancarmichael.com/Franchises/4252/5-guaranteed-ways-not-to-sell-your-business.html http://www.evancarmichael.com/Franchises/4252/5-guaranteed-ways-not-to-sell-your-business.html Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 ways a business will NOT sell their business no matter how hard they try.