Selling A Business FAQ

Should I Sell my Company myself or hire a Business Broker?

Sell Company myself or hire business broker

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 consideration are, do they have the capabilities and interest to…

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What are the Fees for Selling a Business?

Should I pay an upfront fee for selling my business? You have worked long and hard to build up your business and now you are thinking of retiring. The question is how should you go about selling your business and what types of fees can you expect to pay? Some Mergers & Acquisitions firms and…

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Business Valuation Factors

There are a lot of factors that go into what a company will sell for.  We outline below some of the criteria that can affect the valuation of a company. Net Income The financial health of your company will certainly be a major factor in potential buyers’ decisions on what they will pay for a…

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What Is a Business Broker?

What is a Business Broker

If you have been looking into selling your business, you may have heard the term “business broker.” Business brokers can definitely help you with your sale if you find the right business brokerage firm. But before looking into top business brokers, you should understand a little bit about what a business sale broker does. Once…

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Buying? Selling? Seven Key Points to Consider

Man standing in an empty office looking at city outside.

Buying or selling a business is one of the most important decisions that most people ever make. Before jumping in, there are several points that should be taken into consideration. Let’s take a moment to examine some of the key points involved in buying or selling a business. Factor #1 – What are You Selling?…

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Selling a Family Business

The simple fact is that family businesses are different. After all, a family business means working with family and all the good and bad that comes with it. While an estimated 80% to 90% of all businesses are family owned, relatively few are properly planning for what happens when it comes time to sell. According…

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What Do Buyers Want in a Company?

Selling your business doesn’t have to feel like online dating, but for many sellers this is exactly what it can feel like. Many sellers are left wondering, “What exactly do buyers want to see in order to buy my company?” Working with a business broker is an excellent way to take some of the mystery…

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Top Four Statistics You Need to Know About Ownership Transition

If you own a business, then ownership transition should definitely be a central topic in your planning. A few years ago, MassMutual Life Insurance Company conducted a very interesting and thought-provoking survey of family-owned businesses. Obviously, family-owned businesses have their own unique needs and challenges. The MassMutual Life Insurance Company survey certainly underscored this fact.…

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The Reasons for Selling a Business

The reasons for selling a business can be divided into two main categories. The first is a sale that is planned almost from the beginning or by an owner who knows that selling is or should be a planned event. The second is exactly the opposite – unplanned; the sale is motivated by a specific…

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