Selling a business is a major life transition, and the people close to you will be affected by it. Make sure your spouse or partner understands the timeline, the likely range of outcomes, and what life looks like on the other side. The sellers who navigate the process most smoothly are the ones who’ve had this conversation well before the letters of intent start arriving.
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The Multiplier Effect: How Gulf Coast Trades Businesses Hit the 4x Multiple
When brokers talk about a multiple, they’re typically referring to a multiple of Seller’s Discretionary Earnings — what the industry calls SDE.
Why I Tell Sellers Their Business Is Worth Less Than They Think — And Why That’s the Best Thing I Can Do For Them
A realistic valuation — one that reflects what the market will bear, what a lender will finance, and what a qualified buyer will pay — is not a verdict on the quality of what you built. It is a diagnosis that tells us where you are today, and what we need to do to get you to the outcome you are actually after.
The Hidden Value Leaks in Your Business (And How Buyers Find Them First)
They start to wonder what else is in there. They assume the worst. They start asking questions you cannot easily answer because the records are inconsistent. Due diligence slows down, which gives buyers more time to get cold feet.
How to Read a Business Broker’s Track Record And What the Numbers Actually Mean
Transaction volume is quantitative. But some of what you need to evaluate in a broker is qualitative — and the fastest way to assess it is to listen to how they talk about your industry.