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Take a look at Calhoun Companies' blog written by our business brokers in Minnesota for advice & guidance in buying & selling a business!

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Tai Goodwin

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End of Year Legal Checklist for Small Business Owners

by Tai Goodwin
Tai Goodwin
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Wednesday, 05 December 2012 Category Industry 0 Comments

Most small business owners think of taxes and financial matters when it comes to wrapping up the end of the end of the year. Don't overlook legal matters that require your attention before the new year comes in. Nellie Akalp of CorpNet.com lists 6 legal to-dos small business owners may need to take care of before the year ends:

1. Incorporate or Change Your Business Structure

2. Close an Inactive Business

3. Hold An Annual Meeting For Your Corporation or LLC

4. File "Articles of Amendment" for Any Changes

5. Review Your Estimated Tax Payments For 2012

6. Tie Up Any Loose Ends

Click here to read the full article.

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Guest Post: Conditions Favorable: Consider Selling Your Business Now

by Tai Goodwin
Tai Goodwin
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Wednesday, 15 February 2012 Category Sellers 0 Comments

Guest Post from www.taxplanning.com that explains the three major factors that exist to provide you with a substantial value for your business.

Tags: business valuation, taxes, selling a business
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The Secrets to Creating a Profitable Exit Strategy from Your Small Business

by Tai Goodwin
Tai Goodwin
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Monday, 06 February 2012 Category Sellers 0 Comments
There's a wrong way, a right way, and a profitable way to create an exit strategy from your small business. Tags: Untagged
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Our Plan for 2012? We’re Not Reinventing the Wheel – Just Giving Things a Tune Up

by Tai Goodwin
Tai Goodwin
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Friday, 16 December 2011 Category Industry 0 Comments

A message from employees turned owners, Andy and Wally Kocemba, Co-owners of Calhoun Companies

Tags: new owners, 2012, Calhoun Companies, Twitter, LinkedIn, technology
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Quick Tip: Tax Issues and Selling Your Business

by Tai Goodwin
Tai Goodwin
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Friday, 16 December 2011 Category Sellers 0 Comments

Thinking about selling your business next year? Remember to consider the tax implications that could cause you to lose money or face penalties from the sale.

Tags: tax planning, selling a business, selling, taxes
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Father and Son Co-Owners Receive Century Club Honors from the BBB of Minnesota and North Dakota

by Tai Goodwin
Tai Goodwin
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Saturday, 03 December 2011 Category Sellers 0 Comments

Calhoun Companies, the leading business brokerage firm in the Midwest, was recently recognized as a founding member of the Better Business Bureau (BBB) of Minnesota and North Dakota’s Century Club.

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Considering Buying a Business? Do Your Homework First

by Tai Goodwin
Tai Goodwin
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Monday, 21 November 2011 Category Buyers 0 Comments

Whether you're thinking of buying a $100,000 tutoring company or an $11 million dollar trucking company, you’ll want to do some serious homework.

Here are a few key factors to look into before you sign on the dotted line and close the deal:
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How to Buy a Business When You Are Short on Cash

by Tai Goodwin
Tai Goodwin
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Monday, 21 November 2011 Category Buyers 0 Comments

If upfront cash is the only thing keeping you from buying your dream business, consider these alternatives for financing your purchase from Entrepreneur.com:

Tags: ESOP, business financing, buying a business
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7 Ways to Maximize the Fair Market Value of Your Business

by Tai Goodwin
Tai Goodwin
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Friday, 16 September 2011 Category Sellers 0 Comments

What's the real value of your business?

If you're looking to sell a business, it's critical to look at the value of the business. But a typical business really has two values. The "academic" value is the one determined by a professional business valuation. The other is the "true market" or "fair market" value. The academic value is arrived at with a formula based on the firms' hard assets, cash flow, industry averages and multiples. The fair market value also takes those items into consideration, but then considers what buyers are really willing to pay.

Tags: business valuation, seliing a buisness, fair market value
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Benefits of Using a Business Broker to Sell Your Business

by Tai Goodwin
Tai Goodwin
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Thursday, 21 July 2011 Category Sellers 0 Comments

Any business owner who has sold a business on his of her own will tell you it's a long, tedious and stressful process. It takes time away and distracts you from the day to day operation of your business. When your focus should be on maintaining or increasing the value of your business, all of your time and energy is directed to the sale process. That's where an experienced business broker can pay huge dividends.

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