Brian Sharkey, our Director-in-Charge of Transaction Advisory and Business Valuation, recently wrote this article on options to transition out of your business for Philadelphia Business Journal. Check it out!
Being proactive in planning your transition will help you understand how best to achieve your goals and avoid the last resort — liquidation. (Sponsored Content by Kreischer Miller)
Learn what business liquidation is, how it’s different from dissolution, when to consider it as an exit strategy, and steps to liquidate your business. Get the insights from our BizFilings experts: https://ow.ly/ICyT50PRasu #liquidation #smallbusiness #strategy
Navigating the world of business acquisitions requires careful consideration and strategic planning. Start small and focus on acquiring a profitable business that aligns with your expertise and market knowledge. The right business niche, location, and talent are crucial for long-term success. Dont overlook the importance of financial and legal support; seeking expert advice can significantly streamline the process. Remember, thorough analysis and gradual growth are key to thriving in this competitive landscape. #sellabusiness #sellyourbusiness
If you’re like most people, you probably don’t know exactly what a business broker / Merger & Acquisition Advisor does or why you’d want to use one when you buy or sell a business. Picking the wrong broker/advisor (or not using one at all) can cost you time, money, and a lot of stress. Learn what you can expect when you partner with our team here: https://lnkd.in/gkt267gy
Deciding between restructuring ?? and liquidation??is a pivotal choice to determine your company's future. Understanding each option thoroughly is crucial to making an informed decision. Dive into our latest blog, "Restructuring Vs. Liquidation: A Detailed Comparison To Help You Choose," where we break down the benefits, processes, and critical considerations of each path. The right choice depends on your business's specific circumstances and long-term goals. Here are some key considerations: ?? Viability of Continuing Operations: Assess whether the business has a viable future with potential for profitability and growth. If so, restructuring might be the best route. ?? Extent of Financial Distress: Evaluate the depth of financial troubles. If liabilities significantly outweigh assets, liquidation might be a more practical solution. ?? Stakeholder Interests: Consider the impact on all stakeholders, including employees, creditors, and shareholders. Restructuring might offer a more favourable outcome for more parties. ?? Legal and Tax Implications: Each option has different legal and tax implications that should be considered. At Salea Advisory, we're committed to helping you navigate these tough decisions with expert advice and unwavering support. Read our blog to explore your options and discover how we can help you achieve a favourable outcome. ?? #SaleaAdvisory #BusinessSupport #Restructuring
Scaling back or closing a business is tough, but careful planning, good data, and professional advice can help. Focus on efficiency, cost-cutting, credit collection, or selling assets. Protect yourself legally, reduce liabilities, and consider options like mergers or solvent liquidation. Learn more here: https://heyor.ca/fKxufY #ProtectYourSelf #ClosingBusiness #Planning #ProfessionalAdvice
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When it comes to enlisting the services of a business these days, it can be incredibly difficult to see the wood through the trees, given there is access to every kind of organisation you can imagine online. Every business looks legitimate and like it will be able to deliver positive results, to the point that it is only when you work with them that you find out their services are not all they promised to be. You don’t want this with any kind of organisation, especially when your business falls on difficult times financially. The liquidation process is already stressful. As such, when you appoint liquidators, it’s only natural that you want a company that knows what they are doing and can handle your case efficiently and with care. At Simple Liquidation, we are proud of the services that we can offer our customers. Don’t believe us? Have a look at Simple Liquidation Reviews and see what some of our previous clients are saying about working with us. Read Simple Liquidation Reviews - https://lnkd.in/gRcTE-WK Follow Simple Liquidation #Liquidation
When a partner wants to leave or retire from a business, what happens next? Whether this means closing a business, selling a business, or dissolving a partnership, the operating structure and the number of partners that operate the business will determine whether a viable future lies ahead for the business in the aftermath of the partners’ exit. https://lnkd.in/eB3Q3ubd
?? Considering a business exit strategy? Whether it's a management buyout, liquidation, or passing your business to a family member, understanding your options is crucial. Check out our new blog for detailed insights and expert advice. Find out more here: What are the different ways I can exit my business https://lnkd.in/eHvcCSGJ
Editor-in-Chief at IT for CEOs & CFOs, Credit Control Journal and Asset & Risk Review, Property Finance & lifestyle
As the number of business failures fall, we ask Nick Hood of Opus Restructuring & Insolvency is it just a blip or the start of a downward trend? https://lnkd.in/eM8Qx2nr
If you own a family-owned business, you may feel as though there are more factors to consider when it’s time to sell. Let's examine some of the best options that business owners can use. You’ll want to keep in mind that both internal and external strategies are available to you. look.https://https://lnkd.in/gVX8ZTHP #businessbroker #mergersandacquictions #business #FamilyBusiness #Exitstrategy #ExitPlanning #BusinessExit
