Selling Your Home Business, Part Three

In the first two parts of this series on “Selling Your Home Business” I wrote about how business structure and the type of home business you are operating can affect how you are able to sell it and I also wrote about how to find a buyer and how to determine the value of your business. Once you have sold your “baby” however, it comes time to make the transfer. The transition of your business to the new buyer can take time, tact and care… Definitely give your customers and/or clients plenty of warning that you are selling and have … Continue reading

Selling Your Home Business, Part Two

Earlier today, I wrote in the first part of this topic on “Selling Your Home Business” about how the type of business structure and what your business does can affect your ability to sell it if you should decide you are ready to get out of the business for whatever reason. I want to also talk about how to figure out the value of your business and what to look for in a buyer. Setting a value on a home business can be tough. After all, most of us do not have property that is separate from our house and … Continue reading

Selling Your Home Business, Part One

The day might come when you are ready to be done with your home business. It may be that you want to do other things, or it may be that the business has grown to big for you. Of course, you can just stop doing business and close up shop, but you may also have a business that could easily be transferred or sold to someone else. How on earth does a person go about selling a home business? There are several factors that will influence your ability to sell your business or the way that you can go about … Continue reading