Imagine you have decided it is time to sell your business. You know the sale has to be accomplished on a highly confidential basis, so you are considering whether you need an intermediary or business broker, but you have limited available time while you maintain your...
In a perfect world, the best time to sell is when everything in the business is running like a fine-tuned engine, sales are growing, the business owner is still enthusiastic about the business, and its future prospects look promising. This, however, is not when some...
Statically, the average time range is eight to 10 months. Some of the factors that can reduce or increase this time frame are: When most business buyers filter opportunities they are considering, the factors they weigh are typically the geographic location, type of...
As you start the process of considering to exit or sell your business, the following are topics you will want to consider: When to sell: Discuss the past three year’s results and the realistic prospects for the upcoming years. Do you have the energy and desire to take...
Once a potential buyer has been qualified as a fit for your business from a financial and business experience perspective, and has signed a non-disclosure/confidentiality agreement, they typically want to quickly determine if the opportunity is worthy of a closer...
For a seller to receive all cash (or mostly cash) when the business is sold, the transaction will most likely need to qualify for an SBA-guaranteed loan. The following are factors that should be considered when establishing the price point to ask for your business and...
