Buying and Selling a Business in 2021
2020 has been one for the books. We’ve also learned a lot, and we want to share some of those thoughts with you in these final weeks of 2020.
This author has not written his bio yet.
But we are proud to say that Apex Business Advisors contributed 747 entries already.
2020 has been one for the books. We’ve also learned a lot, and we want to share some of those thoughts with you in these final weeks of 2020.
There are many reasons deals can fall apart, some of which are too crazy to be believed. We want to discuss three of them.
It’s important to remove yourself from the scaffolding of your business so that your company can survive in your absence. Have systems!
The truth is that we’re always looking to add to our inventory of listings. But that doesn’t mean we’ll take every listing that comes our way.
If you don’t understand your books, you don’t understand your business. The choice between cash and accrual accounting is important.
As we end 2020, there might be owners feeling pressure to sell now and buyers in the market looking for a particularly good opportunity.
This is the story of a business value doubling as it was being sold. An 85% cash/15% paid in a one-year note wouldn’t work anymore.
Some PPP loans have actually started to be forgiven, and we wanted to make sure our Apex clients and readers have up to date information.
In this article we wanted to get more specific on a few things to keep in mind when you have a business for sale.
When Lee Gregory first started Sir Lines A Lot, it was as a part-time business. One advantage took him all the way to a ten figure exit.
Proud Members of