Blog
Not to Ignore the Numbers: 5 Qualitative Reasons It’s Time to Sell Your Business
As a business owner, most of your decisions are made based on the numbers. You know how much it will cost to expand, how much you’re willing to spend on technology, and how many employees you need to get the job done. But, you also know there are a lot of decisions to...
Businesses for Sale: 11-Attributes Needed to get to a X4 or X5 Multiple of Earnings
Here is what it takes: Clean owner benefit over $2 million dollars a year. Tax Returns can be tied to Financial Statements.Repeating customers, ideally under a contract.Accounting records which can be shown month by month and exported to MS Excel.Middle management.A...
What is the Best Age to Sell Your Business and Retire?
In the United States alone, more than 10,000 people retire every day. But, most of those people don’t own their own business. All they have to worry about is cashing in their retirement plans. But, you have one more big challenge before your final clock out - getting...
If You are Thinking of Selling, Don’t Take Your Foot of the Gas
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...
Bringing in the Big Bucks: 6 Tips for Increasing Your Business’ Value
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...
6 Considerations When You’re Choosing a Business Broker
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...
Close Without Catastrophe; 5 Critical Mistakes When Selling a Business
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,...
When Selling Your Business and You Are Not Getting any Inquiries; Something is Wrong
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...
Say Bye-Bye to Burnout: 5 Tips for Sellers
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 to run...
Secrets To My Success
Working for yourself means giving up your sleep, prioritizing your schedule, and constantly striving to outdo yourself. Without unshakeable determination and measurable goals along the way, I wouldn’t have gotten as far as I am today. All that I am capable of is...
Get A FREE
Confidential Evaluation
Enter your email address below for a free confidential price evaluation of your business and to join our email list.