When you get to the offer stage of the buying process, you will then enter the next stage known as “due diligence” during that phase your financial and legal professionals will be afforded the opportunity to request and vet the businesses legal and financial status to assure you of the soundness of the transaction. It […]
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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 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 […]