Sep 4, 2020 | Business Valuation, Selling a Business, Small Business
Are you wondering how long it takes to sell a business? Many business owners think it will take about five months. In reality, the average time it takes to sell a business is between six and ten months. This can be a long waiting period for an eager-to-exit business...
Sep 1, 2020 | Business Appraisal, Selling a Business
Are you thinking about selling your business? One of the most important decisions to make is determining the listing price. Listing a business too low may leave money on the table. While asking too much, may put off potential buyers. And if it sits on the market too...
Aug 24, 2020 | Business Valuation, Selling a Business, Small Business
Has your business been up for sale for months now? Or maybe you are getting ready to sell your business. Thousands of businesses each year are on the market. However, nearly 80% of small business owners walk away rather than selling their business. Why you may ask? As...
Jul 30, 2020 | Business Appraisal, Business Valuation, Selling a Business, Small Business
Technically speaking, you can’t legally sell or transfer a sole proprietorship. However, you can transfer ownership of the business by transferring the ownership of relevant assets. Once you transfer the ownership, the company dissolves. The buyer can then use the...
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 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...
