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 Buying or Selling a Business: What You Need to Know
Thinking about buying or selling an existing business? Here are some things you should know before you take the plunge.
By Julie Phillips Small Business Attorney, Worley Law
Today's recession has caused many people to reconsider their current jobs - some would like to strike out on their own and be their own boss, while some have decided it might be time throw in the towel and sail into the sunset of retirement. To that end, many people are seeking the purchase or the sale of a small business. However, the purchase and sale of a business isn't an open and shut deal - both parties need to scrutinize their records and the business' assets to ensure what you see is really what you get. Failure to do so can lead to an angry buyer or seller who...Read more |
 Licensed to Deal
By Robert P. St. Germain, CBI
Is Your Business Broker Advisor Properly Licensed & Registered to Represent You in the Sale of Your Company?
You worked long and hard to grow your company and now it is time to exit and reap your well deserved rewards. In your case, you decided to sell to a third party because you learned that is typically how business owners maximize their selling price. To that end, you elected to engage the services of a business broker or M&A advisor. You heard that they can help you to more effectively and efficiently recast your financials, create a descriptive memorandum, market your company...Read More |
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Five Steps To Improving Your Message
By Mary McCarthy, Your Management Team, Inc. 
 First, what do we mean by message? A message communicates information from one person to another, and can be transmitted verbally and non-verbally through words, speech, body language and appearance.
Second, what does that have to do with you? As a business owner everything you do sends a message to your current and prospective clients. Therefore, it is important to know what kind of messages you are sending; and, whether the messages are cohesive or confusing. The following are five things to keep in mind...Read More |
 Protecting your Business with Fraud Prevention
By Chrissie A. Powers, CPA, CFE, CFF, CVA, P.D. Eye Forensics, LLC
Small organizations suffer the most from Occupational Fraud. Those with 100 or fewer employees absorbed a median loss in excess of $150,000 from fraud and abuse. (ACFE 2010 Survey) Small businesses are less likely to be able to financially survive such losses. There are some easy steps that you can take to deter fraud within your Company.
- Run employee background checks, both civil and criminal, allowing your organization to make informed hiring decisions. Check employee references...Read More
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Positioning Your Company for a Future Sale
By Tim McDaniel
Rea Strategic Solutions
As the economy rebounds, the M&A markets will continue to heat up. Although some buyers remain cautious, others are scooping up businesses -- in some cases, at a premium. If the thought of selling your company has crossed your mind, now is the time to begin positioning your business for a future sale.
In a best-case scenario, preparations should begin months, even years, in advance. Even if you must sell quickly, it's important to avoid the appearance of a distress sale. You should begin as soon as possible to get your business in shape so you can maximize the price.Here are a dozen questions to consider...Read More. |
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Worley Law is offering the formation of an Ohio Single Member Limited Liability Company (LLC) for $200.00*
Achieve Peace of Mind and have an Ohio Small Business Attorney form a legal entity to protect your personal assets. Worley Law, LLC is offering a Single Member LLC package for a nominal flat fee of $200.00 (*filing fee of $125.00 to Ohio Secretary of State not included in offer price).
Click here (Offer ends March 31, 2011) |
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Do You Know How to Effectively Network at an Event?
Caroline Z. Worley
Recently, while meeting with my NAWBO Roundtable, an advisory board of sorts, one of our members asked what was the best way to network at a large event. Her goal was to meet attendees and vendors in an effort to obtain new clients. All the members of my "advisory board" chimed in with various suggestions. The following is a list of what we thought were the best ways to achieve the objective of finding client leads while at an event: Prior to attending the event, identify your prospective clients; strategically attend workshops at the event that contain your target audience; refine and practice your 30 second elevator speech; focus on and listen more to others when you make conversation; be memorable; and be sure to follow up. The group agreed that these were tried and true ways of getting solid leads. So, the next time you attend a networking event, try some of these strategies to see if you can be more effective at identifying and obtaining "hot" leads. |
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Your Management Team, Inc.
Do You Have A Clearly Defined Company Message?
Do you have trouble explaining what you do to prospective customers?
Do you struggle with your elevator pitch?
Are you unhappy with your marketing materials?
Can't afford to hire a marketing firm to help you develop your message?
Then, join YMTand learn how to write your message with the help of Our Team of Experts
Dates: 3 Saturdays 9-12pm from 3/19/2011 to 4/2/2011
Cost: $150 for all 3 classes; $65 for individual classes
For more information on location and to RSVP: Click Here
Sponsored by ECDI &
Worley Law, LLC
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If you would like to contribute an article to this ezine, please email Worley Law, LLC at czw@WorleyLawllc.com |
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