Selling Your Business

Introducing The Sellability Score

Have you ever wondered if you could actually sell your business if you wanted to or needed to?   Find out how your business would stack up if you really tried to sell it by taking the free quiz and getting your Sellability Score. The Sellability Score is a system designed by John Warrillow, author of Built to Sell: Creating a Business That Can Thrive Without You, which offers a confidential way for business owners to evaluate the sellability of their businesses and get feedback on concrete steps they can take to improve their business’s sellability.  Principium has partnered with Built … Read more

How to Find Private Equity Investors

Private equity investment groups often play a key role in the business transition process. Who they are and what they do represent mysteries to many business owners. This article from D&B’s AllBusiness.com website helps unravel the mysteries. Here’s a link to the article: http://www.allbusiness.com/print/15582606-1-9a0bs.html

Survey Has Encouraging News on State of the Business for Sale Marketplace

A recent survey of the nation’s business brokers on the state of the business-for-sale market has encouraging news for business sellers.  The survey was completed by BizBuySell.com, the online marketplace for buying or selling a small business. 76% of responding brokers nationwide anticipate that 2011 will be a good year to sell. A generally positive feeling about economic recovery seems to be the driving factor for the encouraging reports about the business-for-sale market this year. More than two thirds of the brokers – 69% – who anticipate that this year will be a good year to sell a business cite … Read more

Advice: Make Sure You Are Emotionally Ready to Sell

The January issue of Lawn & Landscape magazine includes an interesting article by Carolyn Lawell entitle “A Full Industry Education” which chronlickes the experience of Mike Rorie. Rorie founded Groundmasters in Cincinnati in 1979 and built it to approximately 500 employees before selling it to The Brickman Group in 2006.  Rorie served as a vice presdient of Brickman until 2010.  He is now CEO of GIS Dynmaics, an industry supplier which markets the Go iLawn mapping system. The article includes a variety of tips and advice for contractors contemplating the sale of their businesses.    One of those pieces of … Read more

When is an Expiring Tax Cut Really a Tax Increase?

Until recently, it has seemed a forgone conclusion that the Bush-era tax cuts, set to expire at December 31, 2009, would in fact expire.  Of course, those “tax cuts” included the reduction in the capital gains rate from 20% to 15%. This is a complicated political issue indeed, especially since letting those tax cuts expire was a specific campaign commitment of President Obama.  Bush tax cuts became something of a dirty word during the past campaign. Political realities have set in.  People have begun to recognize that “letting tax cuts expire” means the same thing as “a tax increase.”  Economists … Read more