In the world of entrepreneurship and commerce, the buying and selling of businesses is a common occurrence. Whether you’re a seasoned business owner looking to divest, or an aspiring entrepreneur searching for the perfect investment opportunity, the process can be complex and daunting. That’s where business brokers come into play. These professionals serve as intermediaries,...Read More

When it comes to selling a business, sidestepping common errors is paramount to guarantee a prosperous and seamless transaction. Below, we will explore some of the pivotal pitfalls that demand your attention. Inadequate Business Preparation for Sale: Failing to prepare your business properly is a common error in the sales process. Prospective buyers scrutinize financial...Read More

Family businesses have long been the backbone of economies around the world. They embody hard work, dedication, and a sense of tradition that transcends generations. However, for these businesses to thrive in the long run, it’s crucial to integrate sound estate planning with a robust business succession strategy. This dual approach ensures that not only...Read More

An investment banker, business broker, and business advisor are all professionals involved in various aspects of the financial industry. They differ in terms of their roles, responsibilities, and the nature of their work. Quest does the jobs of all of these and much more. Here is a breakdown of each of their key differences: Investment...Read More

Selling a business is more than hitting the eject button on the owner’s seat. It requires a complete strategy to maximize value and minimize difficulties through the transition. A business exit plan should include a detailed analysis of what you need to do to prepare your business for sale. This includes understanding the value of...Read More

Your business runs well when you are at the helm. But what would happen if you became ill, were disabled or even in the event of your unexpected death? Doing the work to create a succession plan means you always have the right leaders in place, even if change happens quickly. Succession plans are just...Read More

Retirement is a choice – and yours to make. Your business is successful, your family is taken care of, and you are ready to shift from daily operations to a longer-term view. This may mean stepping back from your business, either fully or partially. At this stage in your life, your focus is no longer...Read More

Retiring as a business owner takes preparation. To get it correct requires planning, identifying your options, and carefully choosing options that support your legacy and retirement goals. This post outlines the 5 steps you need to take as a business owner to ensure successful retirement planning. Step 1: Explore your options and grow Before you...Read More

So you want to sell your business and you are looking for a crash course on the process. We have seven foolproof steps to sell your business and reach your financial goals. Step 1: Hire a business advisor Bringing on a business advisor at the start of the process is a great way to make...Read More

When it is time to exit your business and focus on what comes next, considering your options can be overwhelming. Who do you sell your business to? Will they be the right culture fit? What about your legacy? And will you have enough liquidity to achieve your retirement goals? Read on to learn how to...Read More