As business brokers, buyers and investors are always asking us, “What type of business should I buy?” The answer to that question truly depends on who you are, what your background is, where you want to live, and what you see yourself doing every day. Small business owners are consumed by their businesses, and if …
It happens much more often than you would expect. A business owner chooses to sell their company, but then they wish to stay on as an employee. We’ve seen several former sellers step into the role of employee after the sale, and they couldn’t be happier in their new job. However, there are a few …
Getting the asking price right on your business listing is one of the most critical factors in getting it sold. When it comes to the valuation of a business, we have to listen to the marketplace data on sold listings. We know what buyers are willing to pay for a business of your size in …
In today’s competitive business sales market, if your business listing has been on the market for months, and hasn’t received an offer yet, don’t panic. Business sales are very different from something like real estate sales, where the most buyer activity happens in the first few weeks. In 2020, the average days on the market …
Some business owners are a little shocked when they first hear that business brokers typically work on a 12-month listing agreement. After all, most people have never sold a business before, and many sellers assume that the process of selling a business is similar to selling a home. While there are a few similarities between …
Why A 12 Month Listing Period Is Necessary In Business Sales Read More »
