“Is now really a good time to sell my business?” That’s the number one question I am getting from business owners at the moment. So, I thought that I’d address this topic publicly, just in case any other business owners are wondering the same thing. The honest truth is, I don’t know. These are unprecedented times …
When the economy crashes, there is a national disaster, or even a world-wide pandemic, most small businesses are all in the same boat. We are all bobbing around in uncharted waters with no wind to fill our sails, and the only thing we can do is try to keep moving forward in any way we …
Small Business Survival During Challenging Times Read More »
Normally (with a few exceptions), when a business broker lists a small business for sale, it is what’s known as an ‘asset sale.’ An ‘asset sale’ in this sense means that the buyer is not purchasing the company’s business entity, such as their LLC or C-Corp name, as that would technically be purchasing the stock …
If you’ve decided that you are ready to sell your business, before you get it listed, it’s important to know why some businesses sell, but most do not. Industry experts report that only about 1 in 4 businesses on the market today will see a successful sale. Unfortunately, the other 75% of the businesses will …
In our business asset sale contracts in Florida, for businesses with inventory, the inventory is normally included in the contract and is part of the final purchase price. There are often many questions that buyers and sellers have about the inventory, and we have taken the opportunity to highlight some of the common questions and …
