What to Do if You Receive an Unsolicited Offer for Your Business

What to Do if You Receive an Unsolicited Offer for Your Business

Even if your business is not listed for sale, you may at some point be approached by someone who wants to buy it. Almost a third of all business owners get approached with an unsolicited offer to buy their company at some point. If someone proposed buying your...

What to Look Out for When Selling Your Business to a Competitor

What to Look Out for When Selling Your Business to a Competitor

While selling a business you own is not an easy task, selling it to a competitor is even more challenging. As a seller there are some additional obstacles you must be aware of if you are considering selling to a competing business.  Getting a business valuation...

Steps to Successfully Finalizing a Business Sale

Steps to Successfully Finalizing a Business Sale

Once you’ve agreed in principle with a potential buyer, you must begin the process of closing the sale of your business. At this point, you’ve settled upon a price and the major terms of the purchase agreement, but there are still several hurdles to clear before you...

Thinking About Selling a Business? Don’t Miss This Opportunity!

Thinking About Selling a Business? Don’t Miss This Opportunity!

For the past 2 years, the market for selling businesses has been red hot. A record number of businesses changed hands in 2018, and sale prices reached historic highs. The 2019 market has picked up where 2018 left off, continuing a trend of increased buyer demand and...

How to Manage Stress in Your Business and Avoid Burnout

How to Manage Stress in Your Business and Avoid Burnout

Most small business owners feel some sort of stress related to their company. Some of this is good stress, which helps you to accomplish tasks and run the business. However, usually when we think of stress, we think of negative stress. This kind of stress that can...

When should you sell your business? How to time the sale

When should you sell your business? How to time the sale

If you are a business owner who has ever considered selling, chances are you’ve asked yourself, “Is it the right time to sell my business?”. Just like real estate, the stock market or any other type of investment opportunity, timing the sale of a business can be...

How Your Employees Can Affect the Sale of Your Business

How Your Employees Can Affect the Sale of Your Business

When selling a business, careful consideration must be given to how the company’s employees are handled. Your employees bring a lot to the table in a potential business deal. The best ones may add value to the company, and could be integral in closing a deal, so it is...

What to Look for When Buying a Business for the First Time

What to Look for When Buying a Business for the First Time

Many people dream of starting their own business and being their own boss. Running your own business can open up a new financial opportunity and provide you with a sense of freedom and control over your own destiny. An excellent alternative to starting a business from...

The Case for Hiring a Business Broker to Sell Your Company

The Case for Hiring a Business Broker to Sell Your Company

The process of selling a business is extremely detailed and complex. While you can certainly do it alone, doing so without the proper experience can hurt your business and its value. It can also be very stressful dividing your time between selling and running your...

Selling Incredible Edibles and Intoxicates for over 30 Years

Selling Incredible Edibles and Intoxicates for over 30 Years

When it comes to selling a restaurant, many business owners will turn to a commercial real estate agent and advertise publically or try to sell on their own. However, this is not the best strategy to attract qualified buyers, and it could harm the business in the...

A To-Do List for Selling Your Business

A To-Do List for Selling Your Business

Selling a business can be an intimidating task, but like any goal, can be separated into smaller parts to make it less daunting. While getting the help of an experienced professional, like a business broker, is strongly recommended for maximizing the return on...

The Most Important Deal Terms When Selling Your Business

The Most Important Deal Terms When Selling Your Business

The primary focus of any business owner when it comes to selling a company they own tends to be the asking price. After all, as a business owner, you want to get the highest possible value for a business that you are deeply invested in, both financially and...

Baby Boomers are Fueling the Market for Business Sales

Baby Boomers are Fueling the Market for Business Sales

This past year was a record year for businesses changing hands. In a survey of small business owners, conducted by BizBuySell, more businesses were sold in 2018 than in any other year, an increase of 4% from 2017. Business Brokers who were also surveyed attribute this...

Knowing Your Options When Selling a Business With Real Estate

Knowing Your Options When Selling a Business With Real Estate

Business owners who plan to sell a business that has real estate attached to it need to make special considerations when planning their exit strategy. Take the time to make sure you know your options, understand the financial implications and choose the right person...

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