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Read moreWhat You Need to Know About Foreign Buyers
There is a potentially lucrative group of buyers that many sellers don’t initially think
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Read moreEssential Meeting Tips for Buyers & Sellers
The buyer-seller meeting is quite often a “make or break” meeting. Your business broker or
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Read moreThe Main Street Lending Program
There is no doubt that the COVID-19 situation seems to change with each and every day. The
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Read moreSeller Financing: It Makes Dollars and Sense
When contemplating the sale of a business, an important option to consider is seller
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Read moreNegotiating the Price Gap Between Buyers and Sellers
Sellers generally desire all-cash transactions; however, oftentimes partial seller financing is
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Read moreGetting Back to Business After the COVID-19 Pandemic
Historians have long known the historical relevance and impact of epidemics and pandemics.
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Read moreCOVID-19 Advice for Hospitality Businesses
Clearly, some industries are taking a bigger hit from COVID-19 than others. Any industry that
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Read moreHow to Make Remote Teams Accountable
One of the many, many changes that COVID-19 has ushered in is the extreme uptick in people
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Read moreNow is the Time for Focus
As of late April 2020, there is one thought at the forefront of the vast majority of businesses
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Read moreQuestions for Helping Businesses Survive the COVID
Developing Your 90-Day Plan Those who want to make sure their businesses survive this pandemic
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Read moreGreat Tips for Selling Your Business
It takes preparation and focus to sell most businesses. The reality of the situation is that
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Read moreIt’s Time to Exit. Are you Ready?
Thinking about whether or not you are ready to exit is an important question. It’s something
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Read moreWhat You Need to Know About the Golden Age of Business Acquisitions
Business acquisitions are red hot, and all kinds of businesses are being snapped up. Some
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Read moreDetermining the Right Time to Sell
Determining when it’s finally the right time to sell can be a tricky proposition. If you are
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Read moreShould You Sell Your Family Business?
When the complicating variable of family is added to the equation of selling a business, the
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Read moreWhy You Should Focus on Proper Exit Planning
If you are like many business owners, you are primarily focusing on building your business.
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Read moreThe Top Ways to Create an Attention-Grabbing Sales Ad to Sell Your Business
A major part of selling your business is getting the word out. After all, the more people that
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Read moreWhat Do You Need to Do to Get Your Business Ready to Sell?
In his recent article in Smart Business entitled, “How to get your business, and yourself,
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Read moreSelling Your Business, Taxes & Tax Structures
It is never too early to start thinking about what tax structure you should use when it comes
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Read moreUnderstanding Corporate Social Responsibility (CSR)
If you don’t exactly understand what corporate social responsibility (CSR) means, don’t worry.
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Read moreUnderstanding M&A Purchasing Agreements
M&A purchasing agreements can have a lot of moving parts. A recent article from Meghan
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Read moreKey Mistakes that Could Impact Your Sale
The old saying, “an ounce of prevention is worth a pound of cure,” most definitely applies to
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Read moreExploring the Offering Memorandum
Are you a business owner who is interested in selling? If so, there are some strategies you
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Read moreEffectively Utilizing Confidentiality Agreements
Every year countless great deals, deals that would have otherwise gone through, are undone due
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Read moreThe Hidden Benefits of Planning Your Succession Strategy
Succession planning is something that many business owners fail to think about; however, it
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Read moreBusiness Owners Can’t Always Sell When They Wish
A recent and insightful Forbes article, “Study Shows Why Many Business Owners Can’t Sell When
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Read moreGreat Tips for Helping You Find a Buyer for Your Business
No one keeps a business forever. At some point, you’ll either want to sell your business or
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Read moreQ2 Small Business Transactions Take a Dip but Strong Market Remains
Small business transactions have been enjoying record numbers. But as of the second quarter of
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Read moreThe Variety of Variables Involved in Selling Your Business
Selling a business is more than a big decision, as it is also quite complex. Finding the right
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Read moreHow Employees Factor into the Success of Your Business
Quality employees are essential for the long-term success and growth of any business. Many
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Read moreA Must Read Article on Having Children Take Over the Family Business
In a recent Divestopedia article entitled, “Kids Take Over the Business? 8 Things to Consider,”
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Read moreEmbracing Technology to Boost Your Business
Forbes author Keith Gregg’s, February 8, 2019 article, “Using Tech to Enhance and Sell a
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Read moreThinking About Succession Planning
If you haven’t been thinking about succession planning, the bottom line is that you should be.
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Read moreCould the Red-Hot Market for Businesses Be Cooling Down
The economy is red hot, and that fact is translating over to lots of activity in businesses
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Read moreAre you a “Baby Boomer” Business Owner?
What is so special about “Baby Boomer” business owners? Well, there are a lot of them. It is
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Read moreConsidering Selling? Some Important Questions
Some years ago, when Ted Kennedy was running for president of the United States, a commentator
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Read moreIs Your “Normalized” P&L Statement Normal?
Normalized Financial Statements – Statements that have been adjusted for items not
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Read moreDo You Have an Exit Plan?
“Exit strategies may allow you to get out before the bottom falls out of your industry.
-
Read moreBuying (or Selling) a Business
The following is some basic information for anyone considering purchasing a business. Is may
-
Read moreThe Deal Is Almost Done — Or Is It?
The Letter of Intent has been signed by both buyer and seller and everything seems to be moving
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Read moreSelling Your Business? Expect the Unexpected!
According to the experts, a business owner should lay the groundwork for selling at about the
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Read moreSelling a Business: How Long Does It Take?
A recent survey revealed that the average time between listing and sale was 9 months. Why does
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Read moreThe Pre-Sale Business Tune-Up
Owners are often asked, “do you think you will ever sell your business?” The answer
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Read moreBuying or Selling a Business: The External View
There is the oft-told story about Ray Kroc, the founder of McDonalds. Before he approached the
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Read moreBurnout: An Ever-Present Threat
Burnout is an often-used reason for an owner selling his or her business. Potential buyers may
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Read moreKey Items Necessary for Selling a Business
Three years of profit and loss statements Federal taxes for the same three years Current list
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Read moreWhat Makes a Business Unique
Most business owners think that their business is unique. There are obviously many different
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Read moreAre You Serious?
There are three good questions to consider before selling your business. First, “Do you
-
Read moreSelling Your Business? Do-It-Yourself is Risky Business!
When the owner of a business makes the decision to sell, he or she is taking a giant step that
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Read moreWhat Sellers Can Do
In addition to using a business broker, there are specific steps you can take to increase the
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Read moreAnd a Letter of Intent Is…
The Letter of Intent (LOI) is a pre-contractual written instrument prepared by the buyer for
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Read moreSelling Your Business? Not So Fast
Most individual company owners only sell one business in their lifetime. A corporate buyer,
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Read moreWhy Deals Fall Apart
There are lots of reasons why the sale of a business falls apart. The reasons can be grouped
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Read morePre-Sale Tuneup
Business owners are often asked, “Do you think you will ever sell your business?” The answers
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Read moreThinking About Selling?
Here are some tasks business owners should consider completing before going to market to help
-
Read moreWhen Is the Best Time to Sell Your Business?
Many experts say that the best time to sell is when the business is better than it’s ever been.
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Read moreConfidentiality Agreement – What Is It ?
Confidentiality Agreement – A pact that forbids buyers, sellers, and their agents in a
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Read moreAre You Ready To Sell?
…….What a “loaded” question you may think, but the reality is that almost no
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Read more10 Questions A Seller Should Ask A Broker
Are you a Certified and Registered Broker/Intermediary? Are you affiliated with any business
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Read moreFOR YOUR CONSIDERATION
BUYERS WANT CASH FLOW Recasting financial statements will help you provide a potential buyer
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Read moreTEN STEPS FOR A SUCCESSFUL SALE
Your reason(s) for selling your business and your future goals need to be clear and well
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Read moreIs It Time to Raise Prices?
Increasing the price of your products or services is, in most cases, the most difficult
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Read moreVisiting Your Lease Again
When is the last time you reviewed the lease on your business premises? When you signed it
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Read moreWhat are Business Buyers Really Looking For?
The obvious answer is probably that most people are looking to buy a business that makes a lot
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Read moreWhy Sellers Won’t Sell
A recent survey asked leading business brokers and intermediaries: What is the seller’s biggest
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Read moreThe Numbers Don’t Tell the WholeStory
You’re considering selling your business. Your accountant or financial advisor has reviewed
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Read morePrice or Terms: The Structure of the Deal
An old saying in negotiating the sale of a business goes like this: The buyer says to the
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Read moreSelling Checklist
Thinking About Selling? Here are some tasks business owners should consider completing before
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Read moreIs Your Business Saleable?
Many business owners probably have asked themselves this question. There are many unique and
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Read moreYou Want How Much for Your Business?
This is often a prospective buyer’s first response when given the price of a seller’s business.
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Read moreA Business Owner’s Report Card
How does someone else, for example, a potential buyer, rate your business on the issues listed
-
Read moreIs It Time to Make Some Changes?
One of the major advantages of small and mid-sized businesses is that it is much easier to make
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Read moreSelling Price Defined
When the time comes to sell your business, what makes up the selling price. What is it that you
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Read moreQuestions Business Buyers Want Answers To
If you are even thinking about selling your business, it’s important to know the questions that
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Read moreWhat Happens If?
You may not have any intention of selling your business today. But, what happens to your
-
Read moreIncreasing the Value of Your Business
Considering selling your business? Just want to increase the value of your business? Here are
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Read moreUnreported Income: “Show Me the Money!”
Prospective buyers don’t want to hear about “what the business really makes” – they want to see
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Read moreThe Highest Price Vs. The Best Deal
Naturally, sellers want the highest price they can get for their business. In come cases,
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Read moreWhat’s Selling Now?
A recent survey revealed the following percentage breakdown of last year’s business sales by
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Read moreWhere Your Business Is Located Can Affect Its Price
The most recent editions of BizComps, the leading resource for comparable sales data
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Read moreWhat Will Your Buyer Be Looking For?
The buyer loves your business; it’s just what he or she has been looking for. He has reviewed
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Read moreA Seller’s Major Concerns
For many owners, selling their business is a new experience, and there is always the fear of
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Read moreWhat is a Contingency?
A contingency in the sale of a business is a condition in the contract of sale or offer that
-
Read moreA Lease Primer
The following is provided as a simple explanation of common leasing arrangements within a small
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Read moreDon’t Take the Lease for Granted
The cliché is that the key to business success is: location – location – location.
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Read moreThe Very Expensive Desk Lamp
This is a story based on a true incident – only some of the details have been changed.
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Read moreHow Important is the Asking Price?
Depends on whom you are asking. If you’re the seller, you might say that the asking price
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Read moreWhy Your Business Won’t Sell
What are the odds of your business actually selling once you have made the decision to sell?
-
Read moreSelling Your Business — What’s the Reason?
There was a study done, years ago, that showed that the reason businesses were for sale had a
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Read moreFinding a Buyer Is Just the Beginning
Many people who are selling their business think that once they find a buyer, the business is
-
Read moreSelling a Business?
Prepare for new management. As soon as you make the decision to sell, begin doing what you can
-
Read moreSelling Your Business — Some Key Questions and Answers
Selling your business is a major decision! You have devoted your time, money and energy to
-
Read moreDon’t Let Sleeping Dogs Lie
If you’re considering selling your business, and you are employing a professional
-
Read moreTen Mistakes that Sellers Make
1. Not knowing what the business should sell for One of the most costly errors a business owner
-
Read moreA Few Things to Consider
Buyers Want Cash Flow The first thing to keep in mind is that the vast majority of buyers want
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Read moreA Seller’s Checklist of Do’s and Don’ts
Do have all of your business documentation ready. Everything starts with it. Don’t
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Read moreMeet the Customers
Some of you might remember the commercial for one of the major airlines in which a business
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Read moreThe Buy-Sell Agreement: No Business Should Be Without One
In the day-to-day activity of making a business work, many owners overlook the importance of
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Read moreWhat Makes a Deal Close?
For every reason that a pending sale of a business collapses, there is a positive reason why
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Read moreSecrets to Closing the Sale Successfully
There are several things to consider when buying or selling a business. The most important is
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Read moreDon’t Sell Before You’re Ready
The buyer and seller have both agreed on the sale price and the terms of the transaction.
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Read moreAdding Value to Your Business
If you are considering selling your business, remember that there are positive factors that
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Read moreThe Small Business Market: Reading Between the “Negative” Lines
Experienced buyers of large businesses have tended to spurn the smaller business, citing
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Read moreWhen Selling Your Business, Play to Win
If you are an independent business owner, you are most likely also an independent business
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Read moreTen Ways to Cut It
It’s easy to be negative about cost-cutting. “Everything just costs more,” a
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Read moreThe Entrepreneur: Both Sides
Strong Points Flexible and positive attitude Creative and comfortable with risk-taking
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Read moreSuccess in the 21st Century: Do You Have What It Takes?
Now that we crossed that much-heralded bridge to the 21st century and once on the other side,
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Read moreWhen Selling Your Business: Confidentiality Is Key
You’ve make the big decision to sell. Your books are in order, you’ve spiffed up
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Read moreStrong Selling Points: Let Your Strengths Work for You
“Independent business owner” is a phrase with two meanings. Of course, it means
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Read moreWhat Every Seller Should Know
Selling your business is a major decision! You have devoted your time, money and energy to
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Read moreBe a Winning Seller: Good Negotiation is the Key
You’ve made the big decision to put your business on the market. Your reasons for selling
-
Read moreTen Steps to the Successful Sale of a Business
1. Make sure you have a valid reason for selling your business. Don’t decide to sell
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Read moreUnder-Reporting Comes Under Fire
What is the true income of an independent business? This is a question of interest to many
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Read moreConsumers Voice Complaints: And Business Owners Should Listen
“Your salespeople didn’t listen when I placed my order, and when I wrote a letter
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Read moreThe Big Question: Independent versus Employee Status
Are your workers independent contractors or employees? This is a compelling question,
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Read moreSelling Your Business? Follow These Ten Commandments To Avoid Wrecking the Deal.
1. Place a reasonable price on your business. Since an inflated figure either turns off or
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Read moreHow Do You Say “Hello”?
Answering services, message machines, voice mail, “on hold” music, speaker phones .
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Read moreWhat Makes the Sale of a Business Fall Through?
There are myriad reasons why the sale of a business doesn’t close successfully; these
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Read morePrior to Closing — Red Flags from the Seller’s Viewpoint
Buyers are expected to perform a thorough due diligence on both the business and the seller(s).
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Read moreReasons for Sale
The reasons for selling a business can be divided into two main categories. The first is a sale
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Read more“Loose Lips Sink Ships”
The “loose lips” tagline was a common World War II phrase and was on posters everywhere. The
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Read moreDealing with Inexperience Can Ruin the Deal
The 65-year old owner of a multi-location retail operation doing $30 million in annual sales
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Read moreSmall Companies That Can’t Afford to Sell
In many cases, the sale of a small company is “event” driven. That is, the reason for sale is
-
Read moreThe Key Ingredient to Selling Your Company
Business Appraisers, before beginning an assignment, like to know the purpose of the appraisal.
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Read moreAre You Charging Enough?
A buyer was interested in a building products manufacturer that did $70 million a year in
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Read moreBefore You Sell Your Family-Owned Business
There once was a family-owned bakery that had sales in the millions. The bakery sold bread to
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Read moreSelling: Do You Need a Fairness Opinion?
Much has been written about “fairness opinions” due to the financial manipulations among
-
Read moreWhat Do the Following Companies Have in Common?
This is just a partial list: Church’s Chicken, Uno Chicago Grill, Charlie Brown’s, Domino’s
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Read moreDoes Your Company Have Pricing Power?
If Starbucks raised the price of a cappuccino, sales most likely would not be affected. If your
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Read moreA Seller’s Dilemma
When one sells their house, the best deal is usually the highest price. When one decides to
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Read moreWhat’s Your Business REALLY Worth?
A recent article in INC magazine titled”Street Smarts,” by Norm Brodsky (his column is worth
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Read moreIs Your Company Hiding an “Orphan”?
Does your business have an orphan product or service that is doing okay, but doesn’t seem to
-
Read moreKeys to Improving the Value of Your Company
The first key is to have your accountant take a look at your accounting procedures and make
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Read moreWhat Are Your Company’s Weaknesses?
Every company has weaknesses; the trick is to fix them. There is a saying that the test of a
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Read moreWhen Is A Company In Trouble?
Companies can be in trouble or headed for it for many reasons. However, most of them can be
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Read moreWhat Sellers Don’t Expect When Selling Their Companies
In the proverbial “perfect world,” business owners would plan three to five years ahead to sell
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Read moreHow Does Your Company Rate?
Valuation of private companies is much more subjective than public companies because there is
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Read morePoints to Ponder for Sellers
Who best understands my business? When interviewing intermediaries to represent the sale of
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Read moreMistakes Sellers Make
• They neglect to run their business during the sales process. – The owner of a business with
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Read moreFairness Opinions
Since one often hears the term “fair value” or “fair market value,” it would be easy to assume
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Read moreLearn the Dynamics and Save the Deal
Many business owners are unfamiliar with the dynamics of selling a company, because they have
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Read moreExpediting Change Post-Closing
The deal is done and you have completed the closing. Now what do you do? You help the new
-
Read moreSelling: What Does An Intermediary Expect From You
If you are seriously considering selling your company, you have no doubt considered using the
-
Read moreSurveying the Business Scene: How Many Sell?
One of the most frequently-asked questions by those looking at the independent business scene
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Read moreRating Buyer Seriousness
Use the following criteria to separate the serious buyers from window-shoppers. (Add up plus
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Read moreFamily-Owned Businesses Do Have Choices
Family-owned businesses do have some options when it comes time to sell. Selling the entire
-
Read moreWho Is Today’s Buyer?
It has always been the American Dream to be independent and in control of one’s own destiny.
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Read moreWhy Deals Fall Apart — Loss of Momentum
Deals fall apart for many reasons – some reasonable, others unreasonable. For example: • The
-
Read moreHow’s Your Corporate Social Responsibility (CSR)?
Your first question may be, “Just what is Corporate Social Responsibility (CSR)?” We see CSR
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Read morePersonal Goodwill: Who Owns It?
Personal Goodwill has always been a fascinating subject, impacting the sale of many small to
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Read moreOwnership Transition — Survey Results
Mass Mutual Life Insurance Company provided the following survey results based on family-owned
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Read moreAn Update on Earnouts
New accounting rules may require that acquirers and acquiring companies report earnout
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Read moreRemember: It Is Not Always the Price
The following are situations where the price was not the deciding issue in the successful sell
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Read moreThe Three Ways to Negotiate
Basically, there are three major negotiation methods. 1. Take it or leave it. A buyer makes an
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Read moreDue Diligence — Do It Now!
Due diligence is generally considered an activity that takes place as part of the selling
-
Read moreThe Offering Memorandum
A solid, factual and compelling offering memorandum maximizes the chances of not only selling a
-
Read moreConsiderations When Selling…Or Buying
Important questions to ask when looking at a business…or preparing to have your business
-
Read moreReasons to Sell / Reasons to Acquire
A January 2004 survey conducted by the DAK Group/Rutgers found the following breakdown of why
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Read moreKeys to a Successful Closing
The closing is the formal transfer of a business. It usually also represents the successful
-
Read moreSeller Financing — How a Broker Can Help
Another important factor relating to the asking price is the amount of cash involved in the
-
Read moreWhy Seller Financing?
Many business owners would like to receive all-cash for their business when selling. And yet
-
Read moreFinancing the Business Sale — Some Questions to Answer!
Structuring the purchase of a business is an issue that should be faced early in the selling
-
Read moreSeller Financing: It Makes Dollars and Sense
When contemplating the sale of a business, an important option to consider is seller financing.
-
Read moreWhat Is Goodwill?
In the practical sense, when selling a business, goodwill is all the hard work and effort the
-
Read moreConfidentiality Agreements
“Confidentiality Agreement – A pact that forbids buyers, sellers, and their agents
-
Read moreThe Anatomy of a Deal
The following might be a subtitle for this true account of how one deal was put together:
-
Read more“Red Flags” in the Sunset
Unlike that poetic title of an old-time standard song, Red Sails in the Sunset, red flags are
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Read moreThe Confidentiality Myth
When it comes time to sell the company, a seller’s prime concern is one of
-
Read moreDoes the Deal Fit?
“The most successful integrations were directed by people who placed the common good of
-
Read moreSelling Your Company — Some Key Points
Settle all litigation and environmental issues before putting the company on the market. Hire a
-
Read moreA Selling Memorandum
A sellers memorandum includes all those points one would normally expect to see in any business
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Read moreCommon Seller Questions
How long does it take to sell my business? It generally takes, on average, between five to
-
Read moreYou Can Help!
You, as the seller, are an integral part of the total marketing program. We would like to offer
-
Read moreAre You Ready to Exit?
If you’ve gone this far, then selling your business has aroused enough curiosity that you
-
Read more10 Tips for a Successful Sale
1.Sellers should find out the loan value of the fixtures, equipment and machinery prior to a
-
Read moreWhy Your Company Needs a Physical
Many executives of both public and private firms get a physical check-up once a year.
-
Read moreWhat Makes Your Company Unique?
There are unique attributes of a company that make it more attractive to a possible acquirer
-
Read moreThe Term Sheet
Buyers, sellers, intermediaries and advisors often mention the use of a term sheet prior to the
-
Read moreIs This the Right Time to Sell?
“Whatever the reason, there should be something other than dollars that motivates you to
-
Read moreTips on Avoiding the Dealbreakers
One of the most important steps is to hire the right advisors. This begins with the right
-
Read moreDo You Have an Exit Plan?
“Exit strategies may allow you to get out before the bottom falls out of your industry.
-
Read moreWhat Is Burnout?
Burnout can come with a business that’s successful as well as with one that’s
-
Read moreExpanding Your Business
The term “growing the business” seems to be the term of choice for business people who discuss
-
Read moreHappy Employees Can Increase Profits…and Value
Happy employees mean happy customers and clients. An unhappy employee can mean loss of business
-
Read moreTake a Look at Your Lease
If your business is not location-sensitive, that is, if your business location is immaterial to
-
Read moreWhat Do Buyers Want to Know?
What is the required capital investment? What is the annual net increase in sales? What is in
-
Read moreRating Today’s Business Buyers
Once the decision to sell has been made, the business owner should be aware of the variety of
-
Read moreWhy Do People Go Into Business?
41% joined the family business 36% wanted more control over their future 27% tired of working
