As you work with you business broker to plan the details of a sale, its good to have a overview understanding of how seller financing works because that is part of a majority of business sales. If you are really interested in selling your business, then it is important to be mindful of the “competition” in the […]
Montessori schools combine the passion for learning, children all while still making a profit. Montessori school owners that are interested in selling their business have many issues to consider: What is the value of the school? What is the value of the Real Estate and how does that value affect the value of the school? […]
The machine shop and Precision machined products industry is very desired and can be a very sellable type of business. When you are trying to evaluate the possibility of selling your business there are a number of factors to look at to determine if your business is sellable and to get a good idea of what your […]
Keeping it quiet about the upcoming sale of your business is mandatory and really one of the most important aspects of selling your bsiness. While it may be your preference not to tell anyone anything confidently, the reality is it will be imperative for you to reveal certain confidential aspects of your business. You can be […]
This seems simple enough. If you want your business to be worth more, then just increase the revenue and profit, right? While that’s an obvious, simple answer to Seller Question #1, it’s not necessarily the most realistic solution. I’m sure you’ve seen or experienced a situation where two businesses from the same industry and relatively […]
Business brokerages are no different than any other businesses – there are good firms and there are bad firms. So how do you determine a bad business broker from a good one? First, don’t confuse a broker’s personality with his/her business practices. There can be very poor business brokers with likable personalities, so it’s important […]
When you sell your company, the equipment used in the operation is included in that sale. Any asset that helps you generate revenue is part of your overall enterprise value, and those assets (in almost every case) need to be conveyed to the buyer free-and-clear of all debt as part of an asset sale, which […]
When you are looking to sell a wood cabinet manufacturing company, it is important to be prepared to go to market. In this article, we are going to discuss the factors that are involved in selling a cabinet manufacturing company as well as areas that you are able to benchmark to help improve the value. […]
Most business owners give a lot of thought to what they are going to do once they no longer own their companies. But with all the anticipation of retiring, traveling, spending more time with family, starting a new venture or simply slowing down, it’s easy to forget about what you’ll be doing immediately after the sale. All […]
“I make a lot more money than my tax return shows.” If we only had a dollar for every time we’ve heard that! Most business owners wage a constant battle between clean, accurate tax reporting and tax liability minimization. No one likes to pay taxes, so this struggle is understandable, and most business owners will […]
