Ebit Associates

A Family-Owned Business Story

There are many complicating factors when it comes to selling a family-owned business. Here is a true story about a popular family business built from the ground up, only to later meet a very sad ending. There are countless similar situations. This is only one...

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Selling Isn’t Always An Option

Not every business owner wants to sell, but they may feel as though they have to sell. Life changes, such as a health problem, can trigger the sale of a business. Declining business revenue and partnership problems can cause business owners to sell. Yet, selling...

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Three Errors Caused by Inexperience

A lack of experience can dismantle your deal. The following scenario helps to illustrate three errors caused by inexperience. A business owner, nearing retirement, owns a retail operation that is doing several million in annual sales. After interviewing an experienced and well-respected intermediary, he is impressed....

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Informative Web Articles

Article 1: “Five Due Diligence Pitfalls and How to Avoid Them” from the Axial Forum outlines mistakes that are made during the due diligence process and offers tips on how to avoid them. These mistakes include: Missed Opportunities Pointless Provisions Red Flags at the 11th...

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Corporate Social Responsibility

It’s time to embrace Corporate Social Responsibility (CSR). If you are unfamiliar with CSR, you are certainly not alone. You will be hearing a lot about CSR in the coming years. In this article, we will look at CSR and how it can positively impact...

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Leaks – How Do They Impact Your Business

One of the most important things is safeguarding your business from leaks. Leaks can spell disaster for your business. If you are looking to or are in the process of selling your business, leaks can be particularly damaging. There can be a range of consequences...

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Ownership Transition

Ownership transition should be a central topic in your planning if you own a business. According to a survey conducted by MassMutual Life Insurance Company, family-owned businesses have their own unique needs and challenges. Here are some of the key conclusions and discoveries. Founder Control One...

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Reasons for Sale

You can divide the reasons for selling a business into two main categories. The first is a planned sale and the second is an unplanned sale. An owner who knows that selling should be a planned event makes the planned sale. The unplanned sale is...

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Burnt Out?

Owning a business can be rewarding and exciting, but it is also a tremendous amount of work. The “buck” stops with you. With that acknowledgment comes a lot of stress. Stress can lead to burnout. A business with a burnt out owner can spell trouble....

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Invest In Happy Employees

The effort, money and time you invest in keeping your employees happy is well justified for your bottom line. Frequently business owners fail to consider the fact that unhappy employees can, and do, negatively impact every aspect of their operation. When dealing with your customers, your...

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