She replies, "The previous owner also said exactly the same thing." He commented, "Maybe you should have taken more time to do your due diligence." - This is quite true. Often, the excitement of owning a new business gets hold of one's better judgment and one rushes to solidify the transaction. Owning and running a business takes careful scrutiny of the information provided and that which is found in discovery. Trust but verify is commonly said, but verify, verify, verif

Top 10 reasons for sale: Retirement Health No successor Burnout Cash crisis Other interests Have more than one job Not skilled for the job Divorce Partnership ended Of course, one can hope that one's life work outlives them and passes to the next generation - but sometimes, life happens.

Some days in business, one may feel on top of the world. Yet, the next day, working diligently to build back up again from level one. Visiting the Burj Khalifa in Dubai, UAE, was an exhilarating yet humbling experience. This architectural feat is simply spectacular.

Are You Facing A Lack Of Family Succession For Your Business - Your Legacy? You are not alone! This phenomenon, termed " Silver Tsunami ", is affecting the Boomer generation (born 1946-1964) and even extends to Gen X (demographic cohort born between approximately 1965-1980). Business owners are transitioning their companies because their children - the next generation - are showing little to no interest in taking over the family business. Hence, this major economic trend k