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19 Essentials to Ensure a Smooth Business Sale
Due Diligence Checklist: Items for the Bank and Buyer When preparing your business for a sale or for a bank evaluation, it’s crucial to have all the necessary documentation ready. Below is a checklist of key due diligence items to ensure a smooth process. 1. Gather...
Why 80% of Businesses Don’t Sell
According to multiple sources, 80% of businesses fail to sell because the owners didn’t plan ahead. Waiting until the last minute or being forced to sell limits options and opportunities for a successful sale. Key Financial Preparation Steps Year-End Financial...
How to Prepare Your Business for Selling
Learn how to optimize your business sale with clear financial records, clean presentation, and a professional valuation.
9 Steps to Maximize Your Business’s Market Value
Selling a high-value business is a significant decision and understanding the process can help ensure a smooth and successful transaction. At Dolan Sales, we have over 45 years of experience guiding business owners through each step, ensuring you maximize your...
Are Your Sales and Profits Meeting Your Expectations?
Planning to sell now ensures that you can transition smoothly into retirement while maximizing your business’s value and attractiveness to buyers.
The Best Time to Sell is in a Rising Market
Selling your business when conditions are not optimal can be challenging, but it may be the most advantageous move you can make. The prime time to sell is when your business is thriving, particularly when your Owner Discretionary Earnings (SDE) are robust, you have a...
ComCapFL’s Business Broker Spotlight: Bob Dolan of Dolan Sales, Inc.
Waking up BEFORE the crack of dawn. Returning phone calls. Extra attention to detail. Creating polished, organized Offering Memorandums. These are just part of Bob Dolan’s “secret sauce” that has made him a successful business broker for more than 45 years. In this...
Selling Your South Florida Business Avoid This
Selling your business can be a complex process, and there are many factors to consider. One of the most critical aspects is ensuring that your financial statements are in order and readily available for potential a buyer. Inability to provide accurate records can be a red flag for buyers, and they may loose confidence in the transaction, but as a seller there are several things that you can do ahead of time to make sure that this is not an issue.
A Lesson From My Granddaughter
As times change the way we learned lessons when we where young have been revisited and improved. One such lesson in entrepreneurship is being approached in a manner that is accessible for a younger audience.
5 Questions to Ask Your Potential Business Broker
If you're in the process of finding a business broker to help you sell your company, you must ask some questions before signing on. Business brokers can help increase revenues and provide advice. They are also paid by commission. This means that they might not always...
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