Over the past four years, a lot of businesses lost 30% to 50% of their sales before the meltdown, although some were fortunate to hold steady or even grow sales. It is still a seller’s market for businesses owners who enjoy seller discretionary cash flow (SDCF) of...
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...
For the seller to get all cash at closing, having the business qualify for bank financing is the most common technique. To qualify for a bank loan, you have to assure the bank that there is sufficient profit to repay the loan and pay the buyer a reasonable salary....
Sell your business in South Florida; DOLAN SALES, Inc located in Fort Lauderdale, with customers nationwide, specializes in selling existing businesses and franchises. If you have considered selling your business, determining its fair market value; the knowledge,...
Next to your home, your business is most likely where most of your wealth is concentrated. Most qualified financial planners would point out the value of receiving all cash at closing rather than worrying about whether the buyer will pay a promissory note as agreed....
One of the most commonly overlooked preparations for selling a business or franchise is cleaning up the financial statement of seller-specific expenses. These expenses are commonly called add-back or seller discretionary income, because they are added to the net...
