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If You Are Considering Selling Your Business, Time is of the Essence
The best time to sell is when there is high demand and low supply: a seller’s market. With an optimistic view of the economy, low interest rates, low inflation, and the availability of funding, this is the time to sell; waiting for another year for better results may...
Sell Your Business When the Market is Ready
When the market is ready may be different from when you are ready. Timing is everything, and can make an enormous difference in the amount of money you walk away with from the sale of your business. The ideal time to sell is when interest rates are low, inflation is...
Why a Comprehensive Package is Important When You Sell Your Business
After you have made the decision to sell your business, the next most important step is choosing a professional to help you set the asking price, then package and market your business. Having helped countless buyers find a business to acquire, I have seen that many...
Dolan Sales, Inc. is now a member of the Business Brokers of Florida (BBF) MLS
Bob Dolan, a Licensed Real Estate Broker dealing only with business sales and more than 40 years of experience in helping sellers find buyers and buyers find businesses, has joined the Business Brokers of Florida (BBF) MLS network. Using the resources of the BBF,...
Why Businesses Don’t Sell – and How to Prepare So Yours Does
Did you know that 80% of businesses don’t sell, according to BizBuySell.com? The main reason that 80% of businesses don’t sell is because they are way over-priced. Most of the time, this is because the seller does not have a clue about what comparable businesses have...
New Generational Equity affiliate in Central and South Florida
Robert (Bob) Dolan of Dolan Sales, Inc., a Lower Mid-Market M&A Intermediary, has become an affiliate of Generational Equity, which is now nearing $2 billion in transactions a year (www.genequityco.com). GenEquity has a team of experts to help put a value on a...
No Plan to Increase Business Value is Common before Putting a Business up for Sale: a BIG Mistake
A 2013 study entitled State of Owner Readiness, prepared by the NE Ohio Chapter of the Exit Planning Institute, found that 83% of those surveyed did not have exit plans. This includes a plan on how to maximize the value of a business before going to market. Other...
Hold or Sell Your Business: Risks and Rewards, What to do …
As baby boomers and those older were growing up, it was common to think of selling a business and retiring at age 55, then enjoying the golden years. This was based on a life expectancy of 65 to 70 years. The current trend of life expectancy as 75 to past 85 changes...
Fatal Mistakes to Avoid When Selling Your Business, Part 2
Did you know that, according to BizBuySell.com, 80% of businesses listed for sale do not sell, and 50% of the transactions that go to contract never close? Don’t be that business! Here are five more fatal mistakes from this series on the fatal mistakes to avoid when...
Fatal Mistakes to Avoid When Selling Your Business, Part 1
Did you know that, according to BizBuySell.com, 80% of businesses listed for sale do not sell and 50% of the transactions that go to contract never close? These are five of the fatal mistakes to avoid when selling your business. 1. Failure to establish a realistic...
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