Eric Williams1 day ago2 minHow much detail should be in a business acquisition Letter of Intent (LOI)?The document that a business buyer submits to a seller to signify interest in acquiring a business is usually a Letter of Intent (LOI). ...
Eric WilliamsSep 54 minWhen to tell employees you are selling your business?You've decided to sell your business, and now need to determine when to tell employees. Should you do so immediately? When you start...
Eric WilliamsAug 242 minWhen selling a business, perfection is not requiredWhile I am a strong advocate for being as prepared as possible for a business sale, I also know that some business owners hesitate to...
Eric WilliamsJul 101 minUnion's impact on selling a businessA business that is unionized is often not viewed positively by prospective business buyers, and will usually limit the number of buyers...