Declining sales and profits are a BIG DEAL when it comes time to sell. No matter how hard you try to explain it, the facts remain, which creates uncertainty. This is also an issue for a buyer to get bank financing. Most lenders won’t make loans to...
Selling your business will be one of the largest financial and emotional decisions you ever make. The process could take six months to a year once your business has been listed for sale. But before you even get to that point, you will have to put a lot of time and...
Many businesses are run by entrepreneurs with a do-it-yourself attitude. They are used to taking on more work to avoid having to pay someone to do a job they could do better. But even if you’ve handled every business decision up until now on your own, battling the...
Half of all business deals fall apart during the due diligence stage. Most of the time, it’s because a seller hasn’t disclosed something about their business to the buyer that is uncovered at a later date. But even if you reveal everything about your company upfront,...
It is like trying to sell you home, and there are no showings, most likely it is due to the price. Many times, it is due the fact the seller can not come to grips with the reality of the market or the real estate agent doesn’t have the guts to tell the...
Selling a business isn’t a sprint, it’s a marathon – one with a lot of hills and valleys. It will most likely be six to twelve months from the initial evaluation and marketing of your business until you sign the final sale contract. Along the way, you’re bound...
