I’m Ready to Sell, Where do I Start? Steps to Selling Your Business Business owners are like a diamonds—no two are alike. The same holds true for why a business owner opts to sell their business. Each business owners’ reason for selling varies and will be based on a variety of calculations from preparing for […]
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Not every problem is a nail…so not every problem requires a hammer.
I love analogies…they are quaint and often times are a simple way to translate a situation in terms that are clear. There is a cognitive bias written by an American Psychologist, Andrew Maslow. It is known as The law of the instrument, law of the hammer, Maslow’s hammer (or gavel), or golden hammer. Basically it […]
9 Deal Killers in Business Sales
Sellers of small and big businesses alike are by their nature risk takers and leaders. They trust their own judgement…and that can be a weakness when selling a business. Time and time again we meet sellers of businesses who are not prepared to sell and make critical errors in the months and years leading up […]
How Long Does It Take to Sell a Business? The numbers tell the story!
How Long Does It Take to Sell a Business Homebuyers are familiar with the mantra—location, location, location. Well for a business owner looking to sell their business, there’s an equally important phrase to remember—timing, timing, timing. But if you are looking into selling your business, what does that mean for you? And exactly how long […]
What is my business worth?
Valuing a business is an art and a science. Your accountants and lawyer work in exact methodology set out by the Appraisal Standards. The real question is what can you sell it for in the market. We will tell you a range based upon the market, comparable like sales, and economic factors on the horizon […]