Gather Financials
Collect three years of profit-and-loss statements, balance sheets, and tax returns. Buyers want clean, organized data to assess profitability.
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Valuing and Selling a Legal Practice: A Guide for Attorneys
Most law firm acquisitions are seller-financed, often for small and medium practices. Typically, up to 50% may be paid upfront, with the remainder structured as earnout or seller-financed payments over time. Buyers and sellers should negotiate terms based on the firm’s profitability and transition risks.
Is It the Right Time to Sell? Why Planning Ahead Maximizes Value and Peace of Mind
Too often, owners wait until burnout, health issues, or unexpected circumstances force them into a sale. When you sell under pressure, you give up leverage, and buyers know it. On the other hand, when you plan ahead—both financially and strategically—you put yourself in a position to control the process and achieve the best possible terms.
Should I Sell My Business as an Asset Sale or a Stock Sale?
This choice isn’t just a technicality—it has major implications for taxes, liability, and deal structure. Understanding the difference can help you make a smarter, more profitable exit.
Is Now the Right Time to Sell Your Business?
By Michael Shea | Transworld Business Advisors One of the most common—and most important—questions I hear from business owners is: “Is now the right time to sell?” The answer isn’t always simple, but it’s always strategic. Timing can dramatically affect your business’s valuation, your negotiating power, and ultimately, your legacy. 📈 Why Timing Matters Buyers […]