Eric WilliamsOct 2, 20232 min readHow much detail should be in a business acquisition Letter of Intent (LOI)?The document that a business buyer submits to a seller to signify interest in acquiring a business is usually a Letter of Intent (LOI). ...
Eric WilliamsSep 19, 20231 min readCapitalism vs. Crony CapitalismIs Capitalism broken, and in need of government intervention or greater regulation? If so, is it really capitalism that is flawed, or is...
Eric WilliamsSep 5, 20234 min readWhen to tell employees you are selling your business?You've decided to sell your business, and now need to determine when to tell employees. Should you do so immediately? When you start...
Eric WilliamsAug 24, 20232 min readWhen selling a business, perfection is not requiredWhile I am a strong advocate for being as prepared as possible for a business sale, I also know that some business owners hesitate to...
Eric WilliamsAug 11, 20233 min readThe important difference between recurring and repeat business when selling a business.Does your business tend to have one-time customers, repeat business, or recurring business? I was talking with a business owner recently...
Eric WilliamsAug 2, 20232 min readSelling a multi-generational businessOne of my favorite cities in the world is Vienna, Austria - it's a place that appreciates design and craftsmanship, with many businesses...