So you want to sell your business? The first thing you should do is get educated on the process. There are tons of resources out there ranging from books to websites, to videos, podcasts and white papers. Being an educated business owner is absolutely critical to getting the highest and best price for your business. A […]
Selling A Business, Selling Your Company
Choosing a Business Broker to Sell Your Business: 7 Questions to Ask
Choosing a Business Broker to Sell Your Business: 7 Questions to Ask Selling your business is an important step in your career – almost as important as beginning it. Knowing how and whom to sell your business to is not a process to be taken lightly. Similarly, being in the market for a new business […]
Using a Business Broker can be extremely helpful! Just Make Sure You Hire The Right One
So I got this question yesterday: I have decided to sell my successful business. I am leaning towards selling it on my own. I see all these websites available to list businesses and my inquiries to my accountant and attorney have not been favorable about business brokers. What do you think? Answer: For over the […]
What is selling my business going to cost me?
When it comes time to sell your business you should not be paying fees up front to brokers. The need to charge retainers is founded in large part on the need of some brokers to cover advertising costs due to their own cash flow shortfall and business model failure. The reality is if you co-broker, […]
What records will I need to sell my business?
Clean Books and Records are essential for a business owner to maximize the sale of their business. We have a saying….”You Only Beat Uncle Sam Once” . Meaning that there is no way to avoid taxes. You can mitigate the tax impact but when you fail to maintain records that are reconciled and provable you […]