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...Read More »
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...Read More »
Aug 26, 2020 | Business Valuation, Small Business, Transferring Ownership
A limited liability company (LLC) is a business structure that is well-known for the flexibility it provides business owners. It combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. Each owner in an...Read More »
Aug 4, 2020 | Business Valuation, Buying a Business, Growing a Business, Small Business
Many individuals dream of owning their own business. However, taking the leap from a traditional nine-to-five job to entrepreneurship or freelance work is just the beginning. The recent trend towards self-employment indicates a shift in the market. The alluring nature...Read More »
Aug 3, 2020 | Business Appraisal, Business Valuation, COVID-19, Small Business
Life as we know it is changing in large part due to COVID-19 and the events surrounding it. For many closely-held businesses, this is no different. COVID-19 is impacting the valuation process as well. Prior to March 2020, there was really no effect on the value of a...Read More »