My neighbor asked me, “Why would anyone sell a successful company?”. He could not understand why anyone would leave a business that was doing well. Of course successful companies get sold all the time. So why do these business owners sell? The short answer is that most closely held businesses sell for human reasons, such [...]
NOW IS THE TIME TO SELL! When thinking about selling your business, it’s not what you sell your business for; it’s what you put into your pocket after taxes. At the end of 2010, taxes on ordinary income & capital gain taxes will likely increase dramatically. Therefore, if you are thinking about selling your business, [...]
The Business Journal of Milwaukee – by Rich Kirchen While fewer small businesses are being bought and sold nationally, the Milwaukee and Waukesha areas are experiencing a renaissance in activity, according to a new report and local business brokers. The main reason for the increased demand is people who have lost their jobs during the [...]