Selling A Business – Frequently Asked Questions
All business owners can sometimes make mistakes and when running a business. There are always risks in any business decision. When you are selling your business, you do not want to make a mistake that will hinder your retirement. We have compiled a variety of mistakes that business owners make when they sell their business.…
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Finding It Difficult To Sell A Business? Sometimes it can be extremely challenging to sell a company. But, whether the market is down or there seems to be a lack of interest in your business, there are steps you can take to improve the likelihood of selling your company. How Are You Having Difficulty Selling…
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When a person is looking to buy a business, there are various things they look for. Some buyers are looking for an extremely specific business to fit their needs. These buyers can be some of the best buyers because they may pay more if your business fits the specifications they are looking for. Knowing what…
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Why You Should Hire A Business Broker To Sell Your Business There are many reasons you should hire a business broker to sell your business. Undoubtedly there are many more than 12 reasons. These are just a few core examples of the importance of hiring a business broker and the key services a broker will…
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Many business owners watch Shark Tank and wonder how this might apply to their business when they are ready to sell. Shark Tank can be a great place to get exposure for your business while also getting an investment. It is a popular show and has helped a number of business owners to grow their…
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Sell Your Successful Business My business is seeing great success; why would I sell it now? There are actually a lot of benefits to selling your business when it is seeing large-scale success. Selling a company at its peak is the most financially rewarding and the easiest time to sell your business. Why Would I…
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Many business owners may experience burnout when overwhelmed with responsibilities, meetings and managing employees. Business owners are constantly busy overseeing work processes to ensure proper billing, regulation compliance, safety, marketing success and more. Avoiding business owner burnout can help you continue to thrive in your company while caring for your physical and mental health. Why Do Business…
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You may have come across the term EBITDA and did not fully understand what it means and also what it stands for. If this is the case, give yourself five minutes and take a closer look because it can be important in the value of your business. Here is what it means and how best…
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The M&A Industry has been doing very well in the last couple of years, and this trend is continuing in 2022. In the first 5 months of 2022, we have already closed a dozen deals. Our revenue from sold businesses is up over 50% compared to this same time last year. And we expect many…
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Increase Your Business Value Before You Sell It As the age-old saying goes, “You’ve got to spend money to make money.” This saying still holds true when it comes to business. If you are considering selling your business in the next 10 years, you should make a plan for growth within your business. Having a…
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If you are considering selling your business, you probably are wondering: How do I keep the sale of my business confidential? That’s an important question because you don’t want your employees, customers, competitors, or suppliers to know that your business is for sale. It’s much better to let them know after a deal is completed.…
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Based on our fast start in 2022 and our record year in 2021, this year is definitely shaping up to be an excellent year to sell a business. In less than two weeks of 2022, we have already closed three deals, and our revenue was up over 50% in 2021 compared to 2020. And boding…
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How To Sell A Large Company Selling a big business can be daunting. When a company has a multi-million dollar annual income, every decision your business makes can have rippling effects on the value of your business. Whether your large company is run by a board of directors, a board of investors, a partnership, or…
Read MoreTHE BEST TIME TO SELL YOUR COMPANY When is the best time to sell your business? Many business owners do not think about this for the first 10 years of their business’s operation. Many business owners start to consider retiring later on in life and are looking for an exit strategy. Other business owners we…
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Retiring From Owning Your Own Business If you are in your 60s or 70s and own a business, you may be thinking about retirement at some point. But for many business owners, this can be a scary thought. What do you do with all of your time? Will you miss running the business and seeing…
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A lot of business owners consider how to exit their business. One of the ways to leave your business is by selling your company to a team member. Selling your business to an employee can be one of the most effective ways of exiting your company. There are many benefits to taking this exit strategy,…
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If you are selling a business with recurring revenue you are in a good position. Everybody in the business industry loves recurring revenue, sellers and buyers alike. Recurring revenue is a stabilizing force in positive cash flow, a signal that portrays the potential for growth, sustainability, success, and overall business stability. These factors make recurring…
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You may hear the word “goodwill” thrown around a lot, but what does it really mean? When it comes to selling a business, the term refers to all the effort that the seller put into a business over the year. Goodwill can be thought of as the difference between the various tangible assets that a…
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With the COVID-19 Pandemic, now is a challenging time for a lot of things, including buying or selling a business. However, the good news is we have helped a number of our clients to sell their businesses since the Pandemic lockdown started in March. As with anything worthwhile, it is a challenge that can be…
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When business owners try to sell their business sometimes, they try to do it without the help of a Business Broker or M&A Firm. If you are selling your business to your children or a close family member, then you don’t need a business broker. It’s best just to use an experienced attorney. If you…
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