I am looking to help someone I know sell their company. It is a small business based in NYC that places consultants in IT positions, mainly with large financial institutions. I am wondering what the best venues are for advertising such a business. If anyone has knowledge or experience with this, please share. Thank you!
The problem in a nutshell: I am the sole owner of a S-corp consulting practice with one very large, very happy client. My company has grown a lot and, to handle the workload better, I've brought on some subcontractors who essentially do the same thing I do. Now I'd like to "sell" the book of business to one of my subcontractors, but I have no idea what sort of financial arrangement makes sense. [more inside]
I run a small Mac support business in NYC. Most of my clients are small businesses, and are repeat customers going back several years. Customer loyalty is high. Expenses are low. Profits are reliable. Physical assets are few. I'd like to sell it, but I can't figure out if it's an asset — or if I'm the asset. [more inside]
I own an Apple reseller somewhere in the United States. I bought this company from the former owner a few years back, despite having no education in business whatsoever (other than what I've learned on the job.) When I first took over as owner, it was kind of fun, challenging, a lot of work, and just slightly profitable (though with a debt from the loan I took out to buy the business). It was like this for about a year. Since then, not so much. Most days, I feel trapped and hopeless. So now I seek ideas. [more inside]
What is the timeline of the sale of a business? [more inside]
Why do furniture stores rely so heavily on the advertising gimmick of “going out of business” sales? [more inside]
Can I take a business loss if I sell my business and the buyer doesn't pay? [more inside]
What's a good revenue multiplier for the sale of a software company that has an annual turnover of $500K ? And please explain why
Should I give my lawyer a gratuity for acting as a broker in the sale of my business? [more inside]
I was explaining to a friend of mine how little music artists make. I've heard they sometimes only make pennies on every CD that is sold. Are there any graphs or charts, (a pie chart would be ideal) on the internet that show where the money would go from the sale of a CD and who pockets what? It seems like something simple that someone should have figured out and put together, but Google is failing me.