Sell A Business: There are many reasons why now might be the right time to consider selling your business. If you are thinking about selling, there are pitfalls to avoid in the process, and we will help guide you along the way. Also, learn how to get the best price possible for your business…
For business owners who WANT to sell now or NEED to sell their business now, there are some realities that they should consider at the moment. Businesses are still selling and deals are still being done, but creative financing will be the name of the game moving forward, for at least the next several months …
Financing Realities To Consider When Selling Your Business Now Read More »
“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 …
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 …
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 …
If you are thinking that it might be the right time to consider your exit strategy from your business, then it’s a good idea to get in contact with a Business Broker to find out how they can help. Here we outline the main ways that a Business Broker can be of service to a …
Your Exit Strategy: How A Business Broker Can Help Read More »
As Business Brokers, one of the biggest factors that we look at when we are considering taking on a new listing is the salability of a business. Given all of the information we have at the time, coupled with our experience, do we think that this particular business is likely to sell? We’ve been surprised …
1) Why are you selling? This question might seem obvious, but be prepared to answer it nonetheless. If you are retiring or relocating, those are easy and clean-cut answers. However, if the answer is something more complicated, like you and your business partner are no longer getting along, or you are burnt out and have …
5 Buyer Questions That Sellers Should Prepare For Read More »
Business Brokers have exciting careers. We specialize in selling businesses, slightly similar to the way a Real Estate Agent sells a house. Helping sellers confidentially market and sell their businesses to qualified buyers is our area of expertise. If the world of business interests you, you should consider becoming a Business Broker. A background working …
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 …
The Importance Of Getting The Asking Price Right Read More »
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 …
