Are you ready to sell your business, but still on the fence about using a broker? You’re not alone. Many business owners, especially first-time sellers, feel compelled to DIY the process, thinking it will save them time and money. Selling your business can be a long process with many tedious steps. An experienced business brokerage […]
Selling A Business, Selling Your Company
Pros and Cons of Selling Your Business without a Broker
Contracts, Guarantees, Assignability Etc
It never fails but in almost every deal a buyer or a buyers attorney fixates on “contracts” and the assignability of the contracts in a deal. Now I have spoken to several attorneys I respect on the issue here in Florida and most smaller businesses realize that the cost of litigating to enforce a contract […]
What happens to cash when selling a business?
Money can be considered a taboo topic of conversation in some circles. As a rule of thumb, you do not speak about salaries, debt, or the cost of your most recent vacation with friends or family, do you? We understand that, but when it comes to selling a business, we need to talk about money, […]
TOP TEN WAYS TO AVOID WRECKING A DEAL
THE TOP TEN WAYS TO AVOID WRECKING A DEAL Finalizing a deal is usually a complex process, and there is a good deal of room for error, misunderstandings, miscalculations, and good old-fashioned wild cards. That is why it is critical to carefully think through the deal process well in advance. In this article, we’re going […]