
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 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
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
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...

Understanding the Importance of Leases When Selling a Business
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...

What Do Your Books Say About Your Business?
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...

Preparing for Life After Selling a Business
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...

How to Attract More Buyers to Your Business by Increasing its Value
Looking to get top dollar for your business? Increasing its value does more than just give you the leverage to demand a higher asking price, it also helps make it more appealing to potential buyers. Prospective buyers will be looking for a business that is not only...

When selling your business, make sure you take the right exit
If you own a business, you may have at some point thought about the day when you’re ready to move on from it and into the next stage of your life or career. Whether you’ve put serious thought into selling or not, it is always good to have an exit strategy. Having an...

How a Business Broker Takes Extra Measures to Protect Your Sensitive Information
There are numerous reasons why keeping your business information private is critical during the sale process. The most apparent reasons to maintain confidentiality would be to prevent competitors or customers from finding out, but it could also be for the sake of...

Key Factors in Determining the Value of Your Business
The market value of your business, also known as a business valuation, is an approximation of how much a buyer would be willing to pay for your business. There are a number of different factors to consider when trying to estimate this value, other than just assets and...

Choosing the Right Time to Sell Your Business
Is it time to sell your business? You may have pondered the question recently thinking that it would be nice to cash in on your hard work, or maybe you’ve just lost your passion for it. Whatever the reason may be, developing a strategic plan, and sticking to it is the...

Finding the Right Buyer for Your Business
Many small business owners attempt to sell their companies on their own. If you decide to sell your business you must consider both financial, non-financial, personal and business goals. Many business owners have put a lot of thought into how much they want to receive...

7 Small Steps to Selling a Business
Selling your business requires careful planning and preparation. The business’s ability to sell, its attractiveness to buyers and timing must all be considered when listing your company for sale. There are many things that can make your business more attractive to...
The Role Tax Reform May Play in Small Business Sales
A recent opinion poll conducted by BizBuySell revealed 84 percent of small-business owners anticipate their businesses to perform better in 2018 compared to 2017. Could this be due to the Tax Cuts and Jobs Act passed in 2017? The Tax Cuts and Jobs Act aims to spur...
Confidentiality in Selling Your Business
Maintaining Confidentiality When Selling a Business When the time comes to sell a business, selecting a business broker who understands the importance of confidentiality is a must. Selling a business is a process that depends upon professionalism and confidentiality....
Improving the Value of Your Business
Improving the Value of Your Business Small business owners often face a quandary when deciding the best way to improve the value of their business. This is an important step to consider before starting the process of selling a business. Many business owners have a...
Common Errors to Avoid when Selling a Small Business
Common Errors to Avoid when Selling a Small Business Entrepreneurs spend years building up a business, in hopes of one day selling it and reaping the rewards of their hard work. Yet, many small businesses put up for sale never find a buyer. And when the business...
Choosing the Right Business Broker for your Business Needs
Coming to the realization that it may be time to sell a business or acquire one can be daunting and stressful. When navigating the complicated process, hiring a qualified business broker is a smart and sound decision. Not all business brokers are the same, so...
When to explore the sales process in preparation for retirement
In preparation for retirement, many business owners struggle with the decision of when the appropriate time is to begin to explore the sales process and get their business in order. Business owners who are considering retirement within the next 12 to 18 months should...
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