As with any major purchase, the worst thing a person can do when looking to buy a business is to be in a rush to make a deal. It is important to move quickly once you find a suitable target, but don’t buy just anything or settle for something less that what you really...
When buying anything of high value and significant importance, it’s necessary to learn value. This takes a period of time of looking at and evaluating similar businesses. Once this process has been completed, it makes sense to start making some offers. Experienced...
If you were to log onto BizBuySell.com – the largest online service provider where businesses are sold –right now and put in “all” for a type of business with an owner benefit (EBITDA/SDCF) of more than $250,000, you won’t find much, if anything, that is suitable as a...
When the time arrives to sell your business, you don’t want someone representing you as broker or intermediary who is going to agree with everything you say. You need to make your decisions based on market-driven facts and a reliable source. Many, many times, a...
When helping buyers look for a business, it is common for the seller’s representative to perhaps have the prior year’s operating statement without a balance sheet. Amazingly, this is the “package” of information the seller’s representative is using to try and sell the...
The best time to sell is when there is high demand and low supply: a seller’s market. With an optimistic view of the economy, low interest rates, low inflation, and the availability of funding, this is the time to sell; waiting for another year for better results may...
