For many business owners, selling a company is completely unfamiliar territory. It is often the largest financial transaction of their lives. Many business owners also find that selling is an emotional milestone. After years of building and managing a business, deciding to sell can feel...
Every buyer enters the process with a different lens. Some are chasing growth, others security, and others just care about the numbers. Understanding these motivations ahead of time puts you in a far stronger negotiating position. It can help you avoid surprises that can cause...
Buying or selling a business isn’t just about revenue, customers, or brand value. When a lease is involved, the real estate side of the deal can quickly become one of the most important and complicated pieces of the puzzle. For location-dependent businesses like restaurants, salons,...
When business sales don’t go through, often the reasons are major, while other times they’re small or even personal. In some cases, the sale doesn’t happen because of specific disagreements on terms or misalignments in expectations between the buyer and seller. Let’s take a closer...
Your LinkedIn profile is your digital storefront. It tells your professional story before you ever say a word. Business owners who present themselves with clarity and professionalism immediately earn the trust of others. A polished profile should highlight your expertise and showcase your achievements. If you’re...
Let’s assume that you own and operate a company that manufactures a product in an industry that is eroding or going downhill. What are your choices or alternatives? Run the company as a “cash cow,” resigning yourself to the fact that your industry is slowly declining or is no longer a growth industry....
The answer to the question asked in the title is, "It all depends!" There are all sorts of studies, surveys and the like suggesting that as more and more “baby-boomers” reach retirement age, the market will be flooded with companies for sale. The consensus is that...
The price gap between buyer and seller can often prevent a deal from closing. However, if the principals really want the deal to work, and their advisors really want to help, the following ideas might get the juices flowing so that all of the parties...
Obviously, serious buyers want to carefully look at the financials of a company under consideration and all of the other major aspects of the company. However, there are a few other areas that the serious buyer will investigate that sellers may overlook. The Industry – The...
According to a Price Waterhouse Coopers survey of more than 300 privately held U.S. businesses that have been sold or transferred, the most common steps companies take to improve their prospects for a sale, prior to taking the company to market, include: Improving profitability by cutting costs Restructuring...