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Archive for the ‘Selling a Business’ Category

What You Should Know if You’re Bringing a New Co-owner into Your San Diego Business

Friday, April 23rd, 2010

You may be thinking of growing your San Diego business by adding another co-owner.  Maybe this person will bring needed resources to the business, or has the connections, skills, or knowledge to boost or expand your business.

You’re probably cautious about who to bring in as a co-owner, and you might not be sure of what criteria to focus on.  Professional consultant Mary Abbajay writes in her blog about “The Partnership Paradox: How to Choose a Business Partner.”  She suggests that you first look at yourself, because this will help you identify the things you need in a business partner.  This includes examining your own goals, strengths, and weaknesses.  Abbajay then suggests a few more questions to ask, including: (more…)

Posted in Business Disputes & Lawsuits, Running a Business, Selling a Business, Starting a Business

Is It Time to Close Your Business? What San Diego Business Owners Should Know to Prevent Post-Exit Perils

Wednesday, November 18th, 2009

As some San Diego businesses have withstood the recession well, others have seen profits drop or may even be struggling to keep their doors open.  If your business falls into the second category, you probably haven’t been able to escape the question: Should you close your business?  It may be possible to ride things out until the business becomes profitable again or try to turn things around by changing your business model, e.g. promote a new marketing strategy or introduce new products/services.  But financially, these options may not be available to you, and it might be time for you to move on to another investment or career.  (more…)

Posted in Running a Business, Selling a Business

You’ve Decided to Sell Your San Diego Business. Now Take the Right Steps to Find a Buyer During the Recession

Monday, July 13th, 2009

You may be ready to retire or be looking to move on to a new business venture.  Whatever your motivation for selling your San Diego business, are you worried about finding buyers during the recession?  Even now, there’s still potential for a profitable exit, but it’s all the more important for you to make sure your business is in order since buyers may be more cautious now.  (more…)

Posted in Current Events, Selling a Business


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