Legal Blog

Biz Tek Today: Building A Business to Sell

biztek For those entrepreneurs out there that are building a business to sell . . . Do you know what you are selling (see the article below on point). In the article, the author hits the nail on the head. Are you selling a job, an investment opportunity, a retirement plan, a testimonial, a labor of love or a hobby? Presuming that for some, selling a business represents a liquidity event funding retirement, knowing your business’ value drivers and having the ability to enhance such drivers is paramount. It all starts with a plan and there is no time better than now to establish the plan. Waiting to develop the plan may mean that you never arrive at the destination. After all, one cannot know where to drive to, if he/she does not know where they are starting

Entrepreneurship

10 Things to Consider When Starting a Family Business Inc Have you ever thought how great it would be to start a business with your spouse, sibling, or best friend? Maybe you want to start a business that can provide for your children after you retire….  READ MORE New Regulation Could Hinder Retirement Investment for Small Business Employees Free Beacon The Department of Labor has proposed a rule that would restrict what advice a financial expert could give to employees, a move that would drive up costs and limit the types of retirement….  READ MORE Why Single Women Are Quicker to Jump Into Entrepreneurship  Entrepreneur Single women are becoming entrepreneurs at faster rates than both married women or men, according to government labor data….  READ MORE How I’m Managing My Business As A Nomadic Entrepreneur Forbes When I first started my business, there were no plans to move back to the U.S., so I resigned myself to building it from afar, and making necessary trips back and forth, as needed….  READ MORE Do Any Of The 2016 Presidential Candidates Understand What Small Business Owners Need? Fast Company The vast majority of U.S. businesses are small businesses—and many of the people who own and operate them believe the candidates in the 2016 presidential campaign are ignoring…  READ MORE What Small Businesses Can Learn From A Big Business’s Mistakes  Insider Louisville It’s not hard to think of big businesses that have run into problems trying to grow in an economy that’s expanding in low single digits and where organic growth is very hard to generate. …  READ MORE Should Older CEOs Be Forced to Retire?  Harvard Business Review In October 2000, Jack Welch announced the biggest deal of his 20-year tenure as head of GE: a $45 billion merger with Honeywell. Shortly thereafter he was…. READ MORE

Technology

5 Mobile Apps Every Entrepreneur Should Use Entrepreneur Today’s entrepreneur has a wealth of information, connectivity and resources available instantly and immediately via the Internet. This level of access has helped…..  READ MORE The Five Key Technology Trends Businesses Must Embrace to Stay Ahead Information Age Technology continues to evolve rapidly, so much so it’s impossible to know for certain where the world will be in five years’ time. For example, at the turn of the millennium,….  READ MORE 4 Ways Advancing Technology Promotes Efficiency and Job Growth Entrepreneur Entrepreneurs carry an almost limitless number of responsibilities, from pitching investors to refining products to conducting market tests. Some people would also ….  READ MORE

Transactions

Knowing What You Have Is Key When Selling Your Business The Wichita Eagle As a small business owner, you have worked long and hard to reach the point that you are ready to sell your business and move on to the next big adventure….  READ MORE When Buying a Troubled Business, Consider a Royalty Deal Townhall Finance “I have an opportunity to buy a service business in my area.”The business has been run forever by a gentleman who is now 88 years old. He has run the business very informally over the …  READ MORE 5 Steps For Buying or Selling a Business Successfully Business Journal When buyers and sellers set out to buy or sell a company, they each go through five significant phases as they complete the process….  READ MORE How To Manage Existing Staff When Buying A Business Smallbusiness.co This is a sensitive issue: there are legal implications involved in the process and existing employees should be treated with care and transparency to ensure a smooth ….  READ MORE What Else You Need to Know About Mergers and Acquisitions Involving Government Contractors and Their Suppliers National Law Review This posting is the second in a ten-part series on unique issues that arise in the acquisition and disposition of a company that performs government contracts or subcontracts.. READ MORE

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BizTekToday-Sign up       Biz Tek Today (BTT), is a online resource for entrepreneurs. BTT recognizes that you are a busy leader in business and that finding time to identify and read relevant news for your business is challenging. BTT seeks to lessen this burden by regularly gathering the best of the best news articles from a host of national media and industry sources and delivering them to you in one convenient email Mike_Mercurio_WebsiteNEWMichael N. Mercurio, Chair Business Law and Transactions mmercurio@offitkurman.com | 301.575.0332 www.michaelmercurio.net  Linkedin | Read|Delete | Connections | ©2015 Michael N. Mercurio, Offit Kurman, Attorneys At Law. All rights