Setting Your Business Up to Run Successfully Without You

Setting Your Business Up to Run Successfully Without You

Most people who start their own business are looking for freedom and dream of making their company run without them. Somewhere along the line, many of those same people start believing that they need to make all of the decisions and do almost all of the work, just to...

How to Prepare Your Business for Your Eventual Departure

How to Prepare Your Business for Your Eventual Departure

Most business owners plan to sell their company someday down the road. If you own a business, but don’t plan on selling for at least a few years, you are in a good position to start preparing it now. Getting a business ready to sell can take several months to a few...

Ways to Stay on After Selling a Business

Ways to Stay on After Selling a Business

Exit planning is an integral part of running any business. Ideally, your exit strategy should be in place from day one, so all big decisions help to not only build a successful business, but also a successful exit. For many business owners, exit planning isn’t just...

Avoiding Sellers’ Remorse When Selling Your Business

Avoiding Sellers’ Remorse When Selling Your Business

The process of selling a business can carry a lot of emotional weight. After all, you’ve spent countless hours of your life into building your business and it has probably become a big part of your identity. Because of this, it’s no surprise that many sellers suffer...

The Pitfalls of Working With One Buyer for Your Business

The Pitfalls of Working With One Buyer for Your Business

When it’s time to sell a business, many business owners attempt to do it on their own. This is usually due to the common misconception that it is both easier and cheaper than getting help from an M&A advisor such as a business broker. When they do, a common...

The Most Important Components to an Accurate Business Valuation

The Most Important Components to an Accurate Business Valuation

Preparing to sell a business is the most apparent reason why a business owner might need an business valuation. Whether you are attempting to sell or not, understanding the true value of your company can help you to see the progress you have made and make informed...

Where Most Business Brokers Go Wrong, and How CIBB is Different

Where Most Business Brokers Go Wrong, and How CIBB is Different

If you are looking for someone to help with the process of selling your business, chances are you’ve searched for a business broker. If you’ve already spoken with a few, you may have come across one or two who rubbed you the wrong way. Unfortunately, the profession...

Exit Planning to Reach Your Business’s Potential

Exit Planning to Reach Your Business’s Potential

Proper exit planning should begin the moment you open the doors to your business. That’s not to say everyone follows this method, but it is safe to say that long-term exit planning will make the eventual sale or transfer of your business much easier and more...

How to Sell a Marine Business

How to Sell a Marine Business

Businesses in the marine industry are in high demand, especially in the Southeast. Many investors looking to buy a marine business look to places like Southwest Florida, where the industry thrives year-round, instead of seasonally. If you are thinking about selling a...

How to Sell a Manufacturing Business

How to Sell a Manufacturing Business

Manufacturing has been at the heart of the American workforce since our country’s infancy. While technology and globalization have changed the business climate for manufacturing companies, the demand for American products has never been stronger. If you own a...

How to Sell a Property Management Business

How to Sell a Property Management Business

With the large number of absentee owners in Southwest Florida, property management has become a thriving, in-demand industry. Property management businesses naturally attract a lot of interest from investors due to their relatively simple profit model and growth...

How to Sell an HVAC Business

How to Sell an HVAC Business

Have you considered selling an Air Conditioning company in Southwest Florida? Selling an HVAC business can be more difficult than it may initially seem. While it is an industry in high demand, especially in Florida, where everyone needs cooling, it is also a high cost...

How to Sell a Landscaping Business

How to Sell a Landscaping Business

If you and are thinking about selling a landscaping business in Southwest Florida, you are in luck, because it is a highly sought after industry. Before you can list it for sale, you must determine its value, and see how you can increase it. Several factors go into...

How to Separate Serious Buyers from Tire-Kickers

How to Separate Serious Buyers from Tire-Kickers

When decide to sell a business, you also have to continue running it. The last thing you want to have to do is to entertain buyers who are not serious or qualified. Your time is valuable, and so are the private details about your business. Imagine divulging a whole...

How to Avoid Selling Your Business at the Worst Time

How to Avoid Selling Your Business at the Worst Time

What is the best time to sell a business? Timing the market has always been a challenge for business owners and there is no set formula for getting it right. While right now is a great time to sell a business, it may not be great for every business, or every industry....

How Risk Affects the Value of Your Business

How Risk Affects the Value of Your Business

Risk is an integral part of determining the value of a business. You may think that if your company is making a lot of money it should carry a high value. However, when you decide to sell your business, buyers will look at more than just your bottom line. They want to...

Getting Through the Due Diligence Grind

Getting Through the Due Diligence Grind

The offer you initially accept from someone looking to buy your business is anything but final. Whether it is in writing or part of a Letter of Intent (LOI) or verbal, that offer is subject to negotiation as the selling process advances. Any potential buyer will need...

The Difference Between a Letter of Intent and a Purchase Agreement

The Difference Between a Letter of Intent and a Purchase Agreement

If you are interested in either buying or selling a business, it is important to know what lies ahead of you in the process. Both sides will spend a significant amount of time dealing with offers and negotiations. As such, you should understand the documents...

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