When selling a business, it is important to keep the attributes that made the business successful in the first place intact. It is not the time to cut marketing and sales efforts to save money or decide to semi-retire, change employee pay plans, or stop paying bills. Sometimes sellers think they are safe making these […]
This is an old Chinese proverb. Or He Who Hesitates, Regrets. An Albanian Proverb. Either way works in the business broker world. We see hesitation with buyers and sellers every day. Whether Buying a Business or Selling a Business, either party can ask the same questions – Is this the best or right price for […]
We have buyers jumping through hoops to get good businesses! So when they jump through hoops, there is an expectation that the business “seller” is ready to jump too. The business owner has the ability to make the process super easy or extremely difficult. Generally speaking, how the owner conducts business will translate to the […]
There are various ways to go about buying a business, but all of them require making a deal with the current owner. As mentioned in prior blogs, before a deal can move forward, a written offer needs to be presented. Keep in mind that offers are based on information supplied from the seller to buyer […]
Businesses large and small depend on cash. Cash is the main measuring tool of financial stability and health. Cash production is also the main element in most business valuations. Wealth Advisors will analyze cash on the balance sheets of publicly traded companies to help make investment decisions. Cash is King! Small companies also have advisors […]
Buying a Business is a process. Much like a business owner preparing a business for sale, buyers also have to plan ahead for an acquisition. Besides focusing on the right type of business to match background and personality, the business also has to be the right size for the buyer. There needs to be enough […]
Once an offer has been accepted on a business, what’s next for buyer and seller? There are now some steps that need to be followed by the buyer and seller to ensure a successful transaction. It’s an exciting time that can also be stressful for both parties. Since an offer has been accepted, much more […]
The “buyer” seminar that we held this week was very informative – again. (Anyone interested in how deals are done may attend these seminars.) One of our local experts explained the importance of following a process to get to the finish line. Getting a deal completed requires both the buyer and seller to move along […]
Over the years we’ve talked about the need to have some sale pre-planning to improve the position of the company and increase its value. There are numerous variables that need to be addressed and an owner may have to modify how they operate their business in order to reap large rewards. Another critical aspect of […]
I had to pass this blog post from Mic Johnson along to our Apex contacts because I think the message from Blue Gurus is important for another reason… increasing business value. We see quite a few businesses that want to sell, and we can sell, but the value of the business may have been improved […]
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