Pricing a Business Entity
One of the first steps in the process of selling a business is to correctly price it. A good business broker will NOT take a listing until a valuation has been completed, and both the seller and the broker have agreed on the Offering Price. This “valuation” is not an official appraisal. Rather it is […]
Questions Every Buyer Asks
Buying a business is a major decision for many people. It requires a lot of research, it requires a financial investment, and if you were working a W-2 job previously, it requires stepping away from the comforts of corporate America to pursue your own endeavor. Because of all of this, buyers are going to ask […]
Top Reasons a Seller Should Use a Professional Business Broker
Like just about anything in life, you can choose to hire a professional, or you can do-it-yourself. That oil change you need to do on your truck? You can schedule an appointment with your local dealership, drive it in, wait an hour, and drive off with fresh oil and a new filter. Or you could […]
10 Common Reasons Owners Decide to Sell Their Business
In most cases the decision to sell a business, especially a profitable one, is difficult for an owner. Oftentimes there isn’t a SINGLE reason, but rather a handful of reasons influencing the process. These varying reasons to sell can make a difference in how quickly they want to sell and how long of a […]