So we spend a ton of time telling business sellers how to prepare their business for sale. We talk about the importance of having good books & records, being organized, being on a growth curve, having the staff, and a ton of other items you can hear here. But what is often not talked about […]
purchasingabusiness
purchasingabusiness
The Top 5 Reasons People Sell Their Businesses
The Top 5 Reasons People Sell Their Business One of the very first questions a buyer asks is “Why?” “Why are you selling your business?” Invariably, behind it is a mistrust or doubt driven by horror stories grounded in very little truth but it is an important question as it sets the context for how […]
Profitable Industries for Small Business
Any good endeavor starts with a good idea – and the same is true for small businesses. While profit isn’t the only factor for a small business owner to consider, it’s an important place to start. Other factors to consider include whether the business matches your interests and skills, and what sort of barriers to […]
Does Your Business have M&A Potential?
Know what it takes to qualify for the transactions and how the process works Because we are in a relatively active period for mergers and acquisitions, many business owners wonder if they qualify for consideration by firms pursing those transactions. Research recently completed by KPMG showed that 84% of firms they surveyed planned on completing […]
Are You Ready to Buy A Business
Once you have made the important decision to take control of your financial future by buying a business, you are bound to have questions about the purchasing process. Although the process of buying a business can be a bit confusing, answering five key questions even before you start your “Buying a Business Checklist” can help you simplify […]