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Exit Strategy Planning: When to notify your Vendors, Customers & Employees that the company is being sold

Exit Strategy Planning: When to notify your Vendors, Customers & Employees that the company is being sold

Disclaimer: Consult legal professionals for legal advice. The information contained in this post is not legal advice, nor is it to be relied upon as such. Consult legal professionals for legal advice to ensure legal compliance. Selling a business can be a complicated process involving a plethora of moving parts that have disparate agendas, from a landlord, to a franchisor (if applicable), to equipment financing companies, etc. Vendors, Employees and Customers are also critical parties to … Read entire article »

Filed under: Selling A Business

Business Valuation & Negotiation Lessons from Shark Tank Hanukkah Tree Topper Cashmere Hair Extensions Tipsy Elves Lightenetics

Business Valuation & Negotiation Lessons from Shark Tank Hanukkah Tree Topper Cashmere Hair Extensions Tipsy Elves Lightenetics

Ever wanted an ugly Christmas or holiday sweater?  No?  Well what about for themes parties and other events?  Well, the market for ugly sweaters is large enough that there is a company that specializes in selling ‘ugly’ Christmas sweaters named Tispy Elves.  Aside for sweaters for men and women, Tipsy elves sells sweaters for pets and inanimate objects in addition to beanies, neck ties and fanny packs. This allows a person to theme themselves and … Read entire article »

Filed under: Business Tips

Business Valuation & Negotiation Lessons from Shark Tank Spirit Hoods Virtuix Omni Fohawx Bubbas BBQ

Business Valuation & Negotiation Lessons from Shark Tank Spirit Hoods Virtuix Omni Fohawx Bubbas BBQ

Marley Marotta & Alexander Mendeluk are the duo that will pitch Spirit Hoods to the Shark Tank.  Spirit Hoods are faux fur garments made in the USA.  Spirit Hoods are uniquely designed apparel items that grab attention.  Spirit Hoods is verified on Twitter, so they either have friends in the tech space, or have reached enough notoriety to have garnered that status.  This can be taken as a sign that Spirit Hoods have good strong … Read entire article »

Filed under: Business Tips