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 buyers. Unfortunately, some business owners make the...
When looking to buy a location for a business, some owners may choose to work with business brokers, as they can have a very important part in the buying process. However, it is important to understand what business brokers can actually do to help you and your...
1. Have a non-disclosure and confidentiality agreement ready for potential buyers to complete and sign, with a statement as to the amount of capital the buyer is prepared to invest. 2. Clean up their financial statements to minimize non-business expenses. 3. Gather...
Statically, the average time range is eight to 10 months. Some of the factors that can reduce or increase this time frame are: When most business buyers filter opportunities they are considering, the factors they weigh are typically the geographic location, type of...
As you start the process of considering to exit or sell your business, the following are topics you will want to consider: When to sell: Discuss the past three year’s results and the realistic prospects for the upcoming years. Do you have the energy and desire to take...
Communication skills are difficult to master. In the business world, clear and effective communication is key to achieving goals, success, learning, as well as establishing great relationships and networking for your South Florida business. One key aspect for...
