Business owners are often asked, “Do you think you will ever sell your business” The answers vary from: “Only when I can get my price” to “Never” to a realistic “I don’t really...
Here are some tasks business owners should consider completing before going to market to help their businesses sell. Remove any items not included in the sale. That family heirloom portrait behind...
Many experts say that the best time to sell is when the business is better than it’s ever been. This may be good advice, but few follow it. Why sell when business is good You just suffered through...
Confidentiality Agreement – A pact that forbids buyers, sellers, and their agents in a given business deal from disclosing information about the transaction to others. It is common practice for...
What a “loaded” question you may think, but the reality is that almost no business owner and their business reach the qualifications of “Ready to Sell” without professional...
Are you a Certified and Registered Broker/Intermediary Are you affiliated with any business brokerage associations or trade groups Will you provide any references (Sellers, Attorneys, etc.) How will...
BUYERS WANT CASH FLOW Recasting financial statements will help you provide a potential buyer with a better view of cash flow. Cash flow is not the same as profit. All potential buyers will want...
Your reason(s) for selling your business and your future goals need to be clear and well thought out before you try to market your business. A prospective buyer will want to know why you are...
Increasing the price of your products or services is, in most cases, the most difficult decision a business owner has to make. Looking at the negatives is easy. • Our business is too...
When is the last time you reviewed the lease on your business premises When you signed it years ago There are some important reasons that should prompt a business owner to revisit the terms of his...
The obvious answer is probably that most people are looking to buy a business that makes a lot of money. But the real answers may surprise you. Here is a list of just a few that buyers have...
A recent survey asked leading business brokers and intermediaries: What is the seller’s biggest obstacle to selling the business In other words, why do business owners who are considering selling...
