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Business Valuation

Business Valuation: “What is my business worth?” This is typically the first question that owners ask us. When selling a business, it’s critical to get the asking price right. Set it too high and you won’t get any buyer interest. So when you set a price for your business, make sure that every penny of company value has been accounted for, while also remaining realistic.

After the Sale Familiarization Explained

After the Sale: Familiarization Explained

Once the sale of a business is complete, the closing documents have been signed, and you leave the closing agent’s office, the Familiarization period begins. This is the time when buyer and seller work closely together to ensure a smooth handover from one owner to the next. What this handover looks like will vary from …

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Ways To Figure Out If A Business Is Right For You

5 Ways To Figure Out If A Business Is Right For You

1) The Bottom Line Meets Your Financial Goals First thing’s first: you want to make sure that the business makes enough profit to meet your financial goals. This part is actually pretty simple. Look at the numbers. Is the owner benefit that this business offers enough for you? If you are buying this business to …

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Pitfalls To Avoid When Purchasing Commercial Property With A Business

Pitfalls To Avoid When Purchasing Commercial Property With A Business

Many businesses that are for sale have commercial property attached to the deal. Purchasing a piece of commercial property in conjunction with purchasing a business is something that adds an additional layer of complexity, but your Broker will be equipped to help guide you through the process. There is a Commercial Real Estate Contract that …

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Importance Of Getting The Asking Price Right

The Importance Of Getting The Asking Price Right

There is a lot of work that goes into pricing a business, and our Brokers spend a great deal of time and attention on the financial recast and researching comparative sold businesses, so that we can recommend that our Sellers list their businesses at the most realistic selling price. We don’t want to just list …

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When Is The Right Time To Sell Your Business?

When Is The Right Time To Sell Your Business?

Is your geographical area or industry growing or experiencing a boom? That’s a great sign that it’s time to sell. Many people wait until they are exhausted and ready to retire or their business is on the decline to sell. Ideally, that’s the exact opposite of what you should do. You want to sell when …

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