Posted on January 28, 2020
3 Ways to Transform Lives Through Your Business Sale
“You told me my goals for my business sale may evolve as we got further into the sale process. You were 100% right.” These are words from a recent client who successfully exited the transportation industry. What happened? What were his goals and how did they change? 60 days into the sale process, our client […]
Tags: Selling a Business
Category: Articles
read morePosted on February 25, 2019
The First Five Questions Buyers Will Ask
As has been stated numerous times in Tenney Group articles, a sale of a business is often one of the largest financial decisions in an individual’s life. It could have a drastic impact on retirement, family well-being and even so-far as their health. Thus, when the time comes to sell their business, it helps when […]
Tags: Selling a Business
Category: Articles
read morePosted on January 31, 2019
6 Ways to Make Your Business More Marketable When You Sell
When business owners are considering a sale, they’re often asking themselves the age-old question of “How can I bring more value to my business?” Often more value means more consideration from prospective buyers and likely a higher overall price consideration. In this piece, six different ways have been outlined that any seller would benefit from […]
Tags: Selling a Business
Category: Articles
read morePosted on January 22, 2019
What’s Better — Asset Purchase or Stock Purchase?
“I have already discussed the sale of my business with my accountant and we have determined that this must be a stock deal – otherwise it doesn’t make sense for me to sell.” Transportation business owners convey some version of this statement to the Tenney Group all the time. Before you get tunnel vision on […]
Tags: Selling a Business
Category: Articles
read morePosted on March 15, 2018
Developing a Strong Management Team Plays Important Role in Trucking Business Sales
Developing a Strong Management Team Plays Important Role in Trucking Business Sales Much like building a successful business name, putting together a strong management team takes time and strategy. But what if that managerial dream team was already in place? For companies interested in buying a trucking business, the possibility of gaining an experienced group […]
Tags: Selling a Business
Category: Articles
read morePosted on October 25, 2017
7 Benefits of Pre-Business Sale Education
You wouldn’t make a million dollar purchase without doing some research first. Why should you attempt a life-changing sale without doing the same? When your trucking business is a primary source of income, maximizing your closing price is crucial. Educating yourself far in advance of a sale can lay the groundwork for a smooth transaction […]
Tags: Selling a Business
Category: Articles
read morePosted on August 31, 2017
No Offer to Buy Your Bus Business? No Wonder…
When you don’t know your own value, it’s hard to convince others of it. To sell your bus business, you have to tell a story; the story of how your business can make someone else money. The prospect of investing in such an asset-rich company, such as yours, can scream of added debt, which can […]
Tags: Selling a Business
Category: Articles
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