When it comes to buying or selling a business, one crucial decision that needs to be made is whether to structure the transaction as a stock sale or an asset sale. Each option has its advantages and implications for both the buyer and the seller. Understanding the key differences and considering various factors is essential…
The decision to sell your business is usually one of the most important decisions you will ever make. So it helps to prepare properly for this with the right checklist to sell your business. With over 18 years of experience in selling companies, we’ll provide a checklist of 10 items to consider when selling your…
What makes a company attractive to buyers? How do you identify qualified buyers? Are there risks to selling a business on your own? How do you protect your interest when negotiating with potential buyers? You have probably asked these questions if you are a business owner looking to sell your company. Business owners may…
In addition to the standard terms of a business purchase agreement, other vital provisions may be added to protect the seller’s interest. The ultimate aim is to draft a contract that conveys the parties’ true intentions without being too cumbersome. The provisions you include in the agreement generally depend on what the parties negotiate. What…
Learning how to pick a business broker can help your company sell to the right people. Explore what a business broker is, what they do, how they can help your business and what the advantages are to using a business broker’s services to help sell your business. What Is a Business Broker? If you…
Emotions come into play in most things in life. However, selling your business is likely to generate more emotions than most other experiences. This is because you usually have spent a lot of time working in your company and have a lot invested financially and psychologically. The sale of your company may represent the largest…
If you own a company and are thinking about retiring, then you may be wondering: Should I sell my company myself or hire a business broker? You may be deciding whether to pass your business down to one or more of your family members. Some considerations are, do they have the capabilities and interest to…
When you merge your business with another business or businesses, you consolidate two or more companies into one. You can compare a merger to a marriage. The companies involved in the merger join their assets, staff and other resources together, forming a new legal entity. As with a marriage, things can go well for the…
For anyone interested in selling their company, one of the first questions they might have is, who is the right buyer to purchase their company, and how do we find them? At the beginning of the process, you often don’t know who the right buyer is. It’s important to keep an open mind. However, certain…
Many business owners dream is to pass down a successful business to their children. If your children have experience in your business and are qualified to run it, then this might be your best option. However, with a decision this important, you want to make sure that it is the right decision. Transitioning a business…