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...

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...

Selling a business can be extremely rewarding. It’s a chance to cash in on years of hard work, and the profit earned from the sale could be the key to your future endeavors and financial goals. It can be quite an intimidating task however, with all of the small...

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...

Many people do not know there is such thing as a business broker, or believe they can handle selling their business on their own, so when it comes time to sell their company, they often sell for an amount much less than what the business is worth, or sell to a...

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...

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...

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...

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 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...

Getting your business ready for sale isn’t as simple as just putting it out there, publicly advertised for the world to see. While letting as many people as possible know about it might seem like the best way to expose your company to more buyers, it can actually harm...

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...

When selling a business, it is important to understand that any serious prospective buyer will want to do their due diligence and collect as much information about the business as possible to help them make an informed decision. While the initial attraction to the...

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 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...

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...

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...

If you rent the building your business resides in, you must make special arrangements before listing your business for sale to help make sure the process goes smoothly and ensure the survival of any potential deal. As a renter, you will almost certainly require the...

Selling your business on the open market requires showing its best face. You may be running a successful business and have an attractive an inspiring product or service with tremendous upside. If someone were to ask you about your business you’d probably have a great...

The process of selling a business can be an emotional roller coaster. While on one hand you may have a great opportunity to get a big return on investment from a company that you’ve dedicated your life to running. On the other hand, it’s that same dedication and...