Buying A Business: Equipment Inspections
When equipment is sold along with a business, it is important to have an inspection to ensure that it is being sold for fair market value. We break down what you need to know.
Month: August 2020
What is a Financial Recast and Why is it Important?
As we continue to demystify the process of buying and selling businesses, this post what a financial recast is and why we consider it a necessary step.
How To Choose The Right Business Broker
You’ve put so much time, effort, energy, and money into making your business prosperous. When the time comes to sell it, you of course want to have the most successful sale possible. In order to have a positive experience, sell in the shortest amount of time, for the most money possible, you need to align yourself with an amazing business broker to get the job done.
Why You Shouldn’t Pay For A Valuation When Selling Your Business
If you are thinking of selling your business, the first thing you will likely ask is, “What’s my business even worth?” To figure out the answer to this question, the best place to go is to a reputable business broker, who can give you their opinion of value. In other words, what the most likely …
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Buying a Business: Getting an EIN Number After You Set Up A New Business Entity
For business buyers who are purchasing a business, after they set up their business entity, the next step is to set up an EIN (Employer Identification Number) with the IRS (Internal Revenue Service). What Is An EIN? An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to …
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