Records are critical when selling a business. You as a seller lose leverage and pricing power when you have bad records. The records we need to sell your business are ideally tax returns, profit loss statements, bank statements. There will be more and the more complicated the business the more records requested. The buyer of […]
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Small Business – Personal Health & Being A Corporate Athlete
Small Business Owners often neglect their health and well being but studies show emphatically that physical well being and fitness contribute significantly to business performance. Indeed, at the Corporate Level, it is not uncommon to see trainers and gyms on staff of businesses or to see health incentives like Step Programs are quite popular as […]
Timing Your Business Sale: The Exit
Timing the sale of your business is critical. All too often when a business owner considers selling their business, the fail to factor the time it takes to sell and the variables associated with their business. So the purpose of this blog is to set some expectations and give business owners some time considerations as […]
Buying A Business: Be A Good Buyer
When Selling A Business most people assume the decision of who to sell to and the deal structure is all about the money. Nothing could be further from the truth. Money, of course, is important and buyers are not going to get great deals just because they are likable. As a buyer you have to […]
Do you use your Business Broker as an Advisor
When buyers or sellers approach a business broker to buy or sell a business you would think that they would interview them and gage just how he / she can bring value to the process and success of the deal. But it never ceases to amaze me how a principals assume ill intent or only […]