According to the BizBuySell.com Insight Report, 7,842 businesses were sold in 2016. And for some entrepreneurs, selling their small business for the right price is a dream. But finding buyers for your business can be difficult if you aren’t in a very hot...
I am here to tell you finding a qualified, willing and able buyer is not the hardest part of selling a business. It is exciting and it is a significant threshold, but a seller is typically a long way from closing the transaction at that point. The typical...
You don’t want to be considered a Scrooge by your customers, but waiting to collect until after the holidays can cost you — and your business — a lot of money. There are several reasons why waiting out the holidays isn’t such a good idea. The biggest reason: Once the...
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...
Baby-boomers, a generation that started and grew hundreds of thousands of successful privately held businesses, are estimated to represent 75 million. The youngest boomers are 42 and the oldest are now over 60. Just as the boomers made major changes in the 1960s and...
What will a flood of businesses for sale mean to you? In a supply-and-demand market, the most obvious consequence of a flood of businesses being put on the market is to hold down prices and longer time to sell. If you are a buyer, this is good, but if you are a...
