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Ted Burbank Articles
Written by: Ted BurbankSell a business in a down economy? - Click To Read Article
Deciding to sell one's business is difficult enough in good times, a down economy only complicates the decision making process. If you've taken your foot off the gas you are not coasting but rather you're sliding, and your business is loosing value every day you wait. It's Grow or Go, there is no Status Quo. If you wait too long you may not have much left to sell.
How to Grow your Business in a Down Economy - A Contrarian’s View - Click To Read Article
Opportunities to grow one's business abound during troubled times. One of the most effective methods, employed by Public companies all the time, is to buy businesses that are not for sale!
You Can’t Be Fired But Neither Can You Quit - Click To Read Article
Facing the issue of succession or the sale of one’s business is very much akin to addressing the need for life insurance. Neither subject is addressed with much enthusiasm by the average person. The prudent address the inevitable and prepare. Although only one eventuality exists for us as individuals, three exist for our business: Transfer to family, sell to outsider, or close down. This article is meant to shed light on the contrast betwenn business owner's expectations regarding the transfer of their business and the reality of what really happens.
One Minute Quiz for Business Owner's Only - Click To Read Article
This One Minute Quiz for Business Owners Only will provide answers and insight into the most important question every business owner must answer in order to maximize and obtain the wealth locked in their business.
Improve chances of success when buying or selling a business - Click To Read Article
Business owners and buyers chances of success appear to be about 2% if acting on their own without proper preparation or education. Chances of success improve with level of preparation and understanding buyers and sellers have of the unique environment surrounding private company sales. § Business owners and buyers do not understand how to buy or sell a business and we had to show them how § Rate of success increased in direct proportion to the preparation and guidance we provided both buyer and seller § Successful brokers/intermediaries are educators first and salespeople second § Buying a business does not follow the usual buying/selling protocol § The process of Buying/selling a business is unique yet straight forward
Buy a Business, Start a Business or Buy a Franchise? - Click To Read Article
Should you Buy a Business, Start a Business or Buy a Franchise? Which is best for you? What are the pros and cons of each choice? This compact chart will help with your decision making.
Are You an Entrpreneur? - Click To Read Article
Ever wonder if you have the stuff to succeed in your own business? To find out, take this eye opening test. It is based upon studies that reveal common characteristics among entrepreneurs.
5 Steps to Finding the Right Business for You - Click To Read Article
FIRE, READY, AIM! The commands are correct but, you must have the right sequence if you want to hit your target i.e., READY, AIM. FIRE!. If business ownership is your quest -- the five steps listed below summarize the correct sequence of steps involved in finding the Right Business for you.
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About the Author: Ted Burbank RSS for Ted's articles - Visit Ted's website Mr. Burbank is President of Lighthouse Financial, LLC and Parker-Nelson Publishing. Since 1979 he and his associates have participated in more than 2,000 business transfers. He is the author of nine books and six software programs related to Buying, Selling. Valuing, Investigating and Financing a private business. His latest work is "Are You Creating Wealth or Just making Money?" - Wealth creating Exit Strategies for owners of small businesses. He has recently established a nationwide network of brokers and intermediaries who follow the Business Selling System principles as the "Franchise Re-Sale Network." He has conducted seminars on business sale and succession issues for trade and professional organizations in this country, Canada and abroad. Ted is available for private assignments and consultation. He can be reached at 1- 888 556-8118 or by Email tedburbank@comcast.net Click here to visit Ted's website Improve chances of success when buying or selling a business 5 Steps to Finding the Right Business for You Are You an Entrpreneur How to Grow your Business in a Down Economy A Contrarians View Sell a business in a down economy |
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