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Monticello, Charlottesville, VA

Selling a Business

What’s in Your Business Toolbox? 5 Important Tools to Always Keep on Hand

Everyone knows the necessary steps and tools needed to change a flat tire when you are stranded on the side of the road: a spare tire, car-jack, and a lug-wrench among certain tools.  However, as a business owner, do you know what tools you need in Your Business Toolbox to be successful when things get a little difficult, so your business isn’t left flat?  Nevertheless, there isn’t a toll free AAA number you can call to come out and repair everything for you in your business.  That’s why knowing what tools to have is key to running a thriving business.  Having the correct tools makes solving problems easier as they arise.  Besides, no one wants a flat tire or a flat business.    

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Buying a Business

Why Do Deals Fall Apart

In many cases, the buyer and seller reach a tentative agreement on the sale of the business, only to have it fall apart. There are reasons this happens, and, once understood, many of the worst deal-smashers can be avoided. Understanding is the key word. Both the buyer and the seller must develop an awareness of what the sale involves--and such an awareness should include facing potential problems before they swell into floodwaters and "sink" the sale.

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Successful Transactions


Tallent Images
Medical Services
SOLD for $1.5 Million
 Column Crafters
Manufacturing
SOLD for $5.2 Million
 Scientific Textiles
SOLD for $1,050,000
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