How to Secure an SBA Loan to Purchase a Business

How to Secure an SBA Loan to Purchase a Business

As our country continues its economic recovery, the number of businesses for sale is growing. Many aging business owners are looking to get their retirement plans back on track. When you factor in low interest rates and current SBA loan incentives, this is a great...

Should You Sell Your Business and Retire This Year?

Should You Sell Your Business and Retire This Year?

There are a lot of small business owners who planned to sell their companies and retire within the past year, on their own terms, but had to change plans. For many of these people, shutting down their companies caused them to fall behind in their retirement goals....

4 Reasons Why 2021 is a Great Year to Sell a Business

4 Reasons Why 2021 is a Great Year to Sell a Business

Often in business, chaos brings opportunity. COVID-19 rattled many companies, forcing many business owners to shut their doors and many other to consider retirement. A large portion those who entertained the idea of selling chose not to because they were afraid that...

Finding the Best Buyer for Your Business

Finding the Best Buyer for Your Business

Numerous factors go into finding the right buyer for your company. In the process of selling your business, you may find someone who seems like the perfect buyer, but for one reason or another, negotiations fall through. Maybe the timing isn’t right, they aren’t...

Should You Try to Sell Your Business by Yourself?

Should You Try to Sell Your Business by Yourself?

The first step in selling a business is simply choosing to sell. This seemingly basic task can actually be quite a big deal. You have invested countless hours and lots of money into your company, so deciding to list it for sale requires careful thought and planning....

Can’t Afford to Sell Your Business? Here’s What to Do Next

Can’t Afford to Sell Your Business? Here’s What to Do Next

Preparing your financials is a critical, early step in the process of selling your business. You need to have all of your financial statements on hand and ready to present to a prospective buyer when a deal gets serious. However, being ready to sell does not...

SBA Loan Incentives Make it Easier to Buy or Sell a Business

SBA Loan Incentives Make it Easier to Buy or Sell a Business

While the economic impact of the pandemic has prevented countless business owners from selling, it has spawned increased interest from investors. As potential buyers seek both pandemic-proof and recovering companies, the demand for existing businesses increases. This,...

Selling a Business with a PPP or EIDL Loan

Selling a Business with a PPP or EIDL Loan

By now, it’s common knowledge among business owners that the CARES Act, as part of COVID relief established the Paycheck Protection Program (PPP) and modified the SBA’s existing Economic Injury Disaster Loan (EIDL) to help struggling business owners. Even in a...

Optimism Increases in the Market for Business Sales

Optimism Increases in the Market for Business Sales

While the pandemic disrupted businesses all over the country, it also gave many business owners who planned to sell their businesses hesitant to do so. Although the market for business sales in 2020 did suffer a big setback when compared to 2019, things began to turn...

Why it is Important to Be Flexible When Selling a Business

Why it is Important to Be Flexible When Selling a Business

For the most part, businesses do not sell quickly. If you’re a small business owner in Southwest Florida, thinking about listing your company for sale, it’s important to understand this before beginning. Properly preparing yourself and your business can help make the...

Why Right NOW is a Great Time to Sell Your Business

Why Right NOW is a Great Time to Sell Your Business

Many business owners who have thought about selling are now holding out due to economic uncertainty arising from the pandemic. According to data from BizBuySell, a nationally recognized organization aggregating information on business transactions, there is a steady...

Preparing Your Financials for a Business Sale

Preparing Your Financials for a Business Sale

There are many ways to improve the attractiveness of a business before selling it. Potential buyers are looking to purchase companies that are growing and profitable. They want to purchase businesses that are efficiently run, have a strong and loyal customer base and...

Generate More Interest in Your Business by Offering Seller Financing

Generate More Interest in Your Business by Offering Seller Financing

Offering seller financing can increase the likelihood of selling your business. Many sellers see it as a desperation measure to unload their company, but it can offer several benefits. Financing the sale of your business can help you to find more buyers or negotiate a...

How to Develop Your Exit Plan

How to Develop Your Exit Plan

For most entrepreneurs, figuring out when and how to leave their business is far from the first thing they think of when they start one. However, the best time to install an exit strategy is when starting a business because it can help ensure a successful future. When...

Sell Your Business for More Than What It’s Worth

Sell Your Business for More Than What It’s Worth

According to a recent survey conducted by the Small Business Administration (SBA), 8 out of every 10 businesses fetch 20-50% less than their true value when they are sold. Starting and running a business is a big risk. Many small owners have the majority of their...

Questions to Ask a Business Broker Before Hiring One

Questions to Ask a Business Broker Before Hiring One

At some point, many business owners have tossed around the idea of selling their business. If you are one of these people, you’ve probably wondered how much your business is worth, or how long it might take to sell. These are usually the top concerns of anyone trying...

What Can a Business Broker Do for You?

What Can a Business Broker Do for You?

Deciding to sell your business is a big deal. You put a lot of time and effort into building and running your company. For many people their business is not only their biggest financial asset but also the recipient of a lot of emotional investment. Additionally, the...

The Step-by-Step Process of Selling Your Business

The Step-by-Step Process of Selling Your Business

Have you thought about selling your Southwest Florida business? Before you begin the process of selling your company, don’t expect it to be smooth and quick. This isn’t meant to scare you off, but rather prepare you for the fact that getting your business ready to...

A Due Diligence Checklist for Buying a Business

A Due Diligence Checklist for Buying a Business

Buying an existing business is a great alternative to starting one from scratch, if you aspire to run your own company. It can provide a faster way to profits, since the previous owner has already done the work of building and establishing the business. For this...

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