Business

4 Signs Your Transportation Business Isn’t Ready To Be Sold

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Even if you feel like this is the right time for you to sell your business, your business may not be ready to be sold. Before you even secure a professional business valuation like The Tenney Group’s industry-specific TransValuation, you would do well to consider whether your business shows any of these top four signs [...]

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A Lesson from Lacey Act Violations by Gibson Guitars

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Like professionals in any industry, those working within the wholesale lumber industry need to keep up with current issues and trends affecting their legal obligations and profit margins. Among the issues facing wholesale lumber dealers, lumber importers, and exotic hardwood dealers today is the recently heightened U.S. requirements to reduce the chances of illegal logging.

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How Do I Choose a Good Business Broker?

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Hiring a broker is one of the smartest choices you could make in your efforts to sell your business. By choosing a broker who specializes in your field (like Tenney Group, who specialize in the buying and selling of transportation businesses), you acquire the skill and know-how of a specialized expert in addition to general [...]

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Selling a Business: Price Allocation

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Price allocation is one of the most important factors in determining whether or not a business sale will be successful, but there’s much more to this process than simply affixing prices to various assets. Business owners must also consider, for example, how the differences in taxes for tangible and intangible assets will affect their potential [...]

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