One of the better times to sell your business is when there is a sellers’ market. Right now today, there is pent-up demand among baby-boomer sellers who are ready to retire. For various reasons, including recovering from the recent financial meltdown, only a limited...
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...
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....
Right now today, there is a shortage of businesses in Central Florida with $250,000 or more of seller discretionary cash flow (profit). This is particularly true for businesses in Central Florida with good accounting records with no smoke and mirrors. This will...
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...
