Considering Selling? Some Things to Consider
Know what your business is worth. Don’t even think about selling until you know what your business should sell for. Are you prepared...
Know what your business is worth. Don’t even think about selling until you know what your business should sell for. Are you prepared...
In many cases, the sale of a small company is “event” driven. That is, the reason for sale is often an event such...
Surprise #1: Substantial Time Commitment In the real estate business, once the owner engages the broker there is very little for the owner to...
Take two seemingly identical companies with very similar financials, but one of the companies was worth substantially more than the other company. One...
There are several key factors on the acquirer’s side of a sale, most of which are necessary to achieve a successful closing. Just...
A serious buyer should have the answers to the following questions: Why are you considering the purchase of a business at this time? What is...
There is the oft-told story about Ray Kroc, the founder of McDonalds. Before he approached the McDonald brothers at their California hamburger restaurant, he...
There is the old anecdote about the immigrant who opened his own business in the United States. Like many small business owners, he...
Burnout is an often-used reason for an owner selling his or her business. Potential buyers may have trouble accepting this as a valid...
Recent studies indicate that it now takes, on average, about eight to ten months to sell a small business. This figure seems to...