Explore Your Options When Closing Or Selling A Business Michigan

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

OZ Management Services, Inc.
616.682.0369
8303 Baileau Oaks, NE
Ada, MI
A & M Sales Management Consulting
517-672-6371
4101 Merriman Loop - Suite 100
Howell, MI
Complete Compassionate Care
517-336-5889
2035 Asher Ct.
East Lansing, MI
Suitor Consulting Services
(989) 906-7777
11103 Thornberry Dr.
Freeland, MI
Virtual Support System
248 991 4034
35317 Drakeshire Lane
Farmington Hills, MI
High-impact Coaching & Consulting, Inc.
616-949-5013
2505 E. Paris Road SE, Suite 195
Grand Rapids, MI
Dillard Partners, LLC
(88) TRY DP-LLC
1090 Farnham Ave.
Lincoln Park, MI
PolyArk Management Consulting
248.694.4414
330 E. Maple Rd, STE # 141
Birmingham, MI
Human Performance Resources Inc
(269) 665-9502
1007 Eldridge Dr
Kalamazoo, MI
Gray Center the
(616) 954-9747
4123 Embassy Dr SE
Grand Rapids, MI




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

OZ Management Services, Inc.

Business & Marketing Consulting New Product & Market Develop

616.682.0369
8303 Baileau Oaks, NE
Ada, MI
www.bjtmgt.com

Unlike most of today’s business advisors, we have managed companies and understand the real day-to-day problems of operating a business. We understand the pressures to grow and diversify, reduce costs and improve cash flow. We know the frustration of those endless projects that attack the wrong problems and yield no positive results.

Throughout our corporate careers, we have contributed to the growth and profitability of national and international industry leaders with diverse business models including manufacturing, traditional retail, e-commerce, direct marketing, service and non-profit organizations. The principals of BJT have managed in a variety of ownership structures: public, private and employee-owned.

We are fully competent in a broad range of commerce forms including consumer marketing, business-to-business marketing and marketing to organizations. In addition, we have extensive experience in all of the major advertising forms including Internet, catalog, direct mail, newspaper supplements, mass media and broadcast media.

The BJT difference is that we have faced the kinds of business problems that you face and have developed programs and solutions that work. We stand behind our results and are willing to work on a mutually agreed success-sharing basis. We believe that your success comes first.


We provide a broad array of business services that will lead to enhanced growth and stability for your business. Our focus is primarily in nine areas: (Click on the titles)

Strategic planning

Marketing, merchandising strategies

Customer acquisition and management strategies

New business development

Product introductions

Cost management programs

Financial & working capital management

Management services

Crisis management


In each of these areas, we will work with you to analyze your current business environment, the issues you face, determine the actions necessary, implement the plans and measure the results. At BJT, we will take an active, “hands-on” role in every stage of the project. Unlike most management services groups, we believe that delivering the plan is only the first step of our commitment to you.


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