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Explore Your Options When Closing Or Selling A Business Massachusetts

Deciding to sell your business can be a very tough decision. The following article talks about a few things to consider before making the sale.

Local Companies

Washington Street Business Group
(617) 524-2345
3484 Washington Street
Jamaica Plain, MA
West Roxbury Business & Professional Association
(617) 971-0290
60 Carolina Avenue
Jamaica Plain, MA
Ital Trade Partners of New England, LLC
(617) 342-7244
225 Northern Avenue, Suite 411
Boston, MA
Integrity Fundraising
(866) 459-2379
3 Forest Avenue
Natick, MA
Horton International, LLC
(617) 725-2688
Two International Place, Suite 1600
Boston, MA
McDermott Ventures, LLC
(617) 557-9190
30 Rowes Wharf, Ste. 470
Boston, MA
Mary Fifield Associates
(617) 522-3460
6 Beaufort Road, Ste. 5
Boston, MA
Nicolazzo & Associates
(617) 951-0000
260 Franklin Street
Boston, MA
Horizon Partners
(617) 306-1415
46 Robinson Road
Lexington, MA
Alviani & Associates
(508) 224-4760
20 Bridge Gate
Plymouth, MA




By Sarah Roger

(NC)-Closing or selling a business can create a sense of loss. You've spent years of hard work and dedication building it up. It can be difficult for a small business owner to decide the correct course.

Here are some things to consider, if you're thinking of selling, closing down your business or passing it on to the next generation:

One: Use the help that is available to you. Take advantage of professional services available. It is possible you will need the knowledge and expertise offered by lawyers, insurance brokers, accountants or bankers.

A call to the Canada-Ontario Business Service Centre will help you find numerous programs and services to help you navigate the process. Specially trained staff can provide for you business information needs in an effective and user-friendly way, and the services are free. For more information on this and other topics, visit www.canadabusiness.ca/ontario or call 1-888-576-4444 (TTY: 1-800-457-8466) weekdays between 8:30 a.m. and 6 p.m. EST.

Two: Do your homework. Investigate the selling prices of similar businesses in your area to provide you with an indication of what you can expect to receive.

Three: Look at all the options. Consider succession planning, with an eye to eventually handing your business over to somebody else. Think of this as the transfer of knowledge, skills, labour, management, control and ownerships of a business between the founder generation and the successor generation.

Maybe you're ready to close down the business altogether. While this may be a shorter process than a sale of your business, you should consult with an expert to help you through the process.

- News Canada

Featured Local Company

Washington Street Business Group

(617) 524-2345
3484 Washington Street
Jamaica Plain, MA
Read more about Explore Your Options When Closing Or Selling A Business

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