According to a report by the National Association of Small Businesses, the top three challenges of running a business are economic uncertainty, the cost of health insurance benefits, and a decline in customer spending. However, when you’re no longer interested...
The following are some “how to” factors which will quickly embellish your business in a manner that will draw in a potential buyer in to learn more. The amount of owner benefit and the asking price is the first focus, other characteristics commonly looked for are:...
It’s no surprise – that great valuation is most likely too good to be true. As often occurs with residential real estate, an unprofessional agent will tell a potential seller what the seller wants to hear to get the listing. The agent thinks that, when it gets down to...
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...
There are a host of reasons to include only true business expenses as you approach the time to sell your business. Here are some of the most important ones, and a few to keep out of your company’s financial statement. 1. The first two focal points a buyer will have...
We all know that timing is everything in life. If you have considered selling your business, here are five reasons why now is a good time to go to market. 1. The trend of baby boomers who will be selling their businesses as they prepare for retirement has not really...
