How to Sell a Full-Service Catering Company
The accommodation and food industry in St. Louis brings in well over 1.6 million in a year. Have you put in the hard work to grow a successful catering company? If so, you deserve every penny it’s worth. Still, you may find it difficult to connect with the perfect buyer. You shouldn’t settle for anything less than what you’ve worked for. Are you wondering what strategies can...Read More
Why Do Sellers Often Face an Array of Surprises?
Experts recommend that sellers prepare years before they plan to put their businesses up for sale, and there are many good reasons why they make this recommendation. A wide range of factors can interfere with the sale of a business, ranging from life changes like divorce and burnout to a new competitor moving into town. Preparing to sell your business in advance will help prepare you for the...Read More
Buying a Business in St. Louis: A Due Diligence Checklist
Have you ever dreamt of running your own business? St. Louis is the perfect starting point, with over half a million small businesses in Missouri. But perhaps the intricacies and risks of building a business from scratch are too risky for you. There is another option, though, and that’s to buy an existing company. When you do that, you’ll need to carry out due diligence....Read More
The Main Reasons Why the Sale of Your Business Can Fall Through
Selling any business can be complicated. Finding the right buyer is one hurdle that must be overcome. However, even once the right buyer has been found, there are still many reasons why a deal can collapse. Unpredicted Events It is important to realize that you can do everything perfectly and “acts of fate” can still intervene and impede the success of your deal. For example, one issue is...Read More