Jul 22, 2020 | Business Plan, Business Valuation, Exit Strategy, Selling a Business
For most small business owners, there comes a day when you decide to transfer your business. This may be because you wish to retire, seek a partner to assume ownership, or are ready to move on to something new. No matter the reason, transferring ownership has many...
May 26, 2020 | Business Appraisal, Business Valuation, Selling a Business
The costs you incur when selling your business vary greatly. Most transactions will generate additional selling costs. However, there are no clear-cut or pre-determined costs during the selling process. Depending on the services you chose, who you contract with, and...
May 21, 2020 | Business Valuation, Buying a Business, Selling a Business, Small Business
If you decide to sell your business to an outside acquirer, you must decide between a financial and a strategic buyer. These two buyers have quite different motivations. Understanding these differences is key to helping you get a good selling price for your business....
Apr 15, 2020 | Business Valuation, Selling a Business, Small Business
Deciding on the purchase price of a business is a crucial part of the selling process. Let’s say your business has been on the market for the last several months. The business is listed for $4M. While you are excited to sell at that purchase price, many businesses...
Feb 6, 2020 | Business, Business Valuation, Selling a Business, Small Business
Whether you are just starting your business or have been in the thick of it for decades, it is never too late to begin positioning your business to sell. We often speak with business owners who are ready to retire but haven’t planned an exit strategy. On the other...
Oct 21, 2019 | Broker, Selling a Business
Have you been trying to sell your business for a while or are looking to sell your business? One of the wisest things you can do is hire a business broker. Selecting a quality broker will allow you to maximize the sale price of your business. In addition, a quality...
