Your Business May Be Worth More If You Stop Working So Hard
Did you know that the owner's involvement in a business affects its value? A semi-absentee business is more valuable than an owner operated business; the less an owner directly works [...]
When and How Should Employees Be Told About a Business Sale?
If you've decided to sell your business, the question of when and how to tell your employees becomes a big concern. There's no way around it, and it's a very [...]
What Information / Documentation is Needed When Selling a Business?
If you’re considering selling your business, it’s important to remember that prospective buyers are looking for clear, objective facts that will convince them that your business will be a profitable [...]
The Basics of a Small Business Valuation
When it comes time to buy or sell a business, it’s important to set your personal feelings aside in order to do an accurate business valuation and establish a realistic [...]
Ten Burning Questions Every Business Buyer Wants Answered
If you are seriously considering selling your business, then you need to be prepared to answer questions from inquiring business buyers. Each business transaction is unique, but there are routine [...]
Six Tips for a Seller Financing a Business for Sale
Seller financing a business for sale is when the owner is willing to personally finance a portion of the purchase price. Oftentimes, this increases the likelihood of the selling your [...]
Sellers Checklist for Closing Your Business Sale
Once the seller has found a suitable buyer for the business and both have agreed upon the final terms of the deal, it’s time to get organized and plan for [...]
How to Increase the Value of Your Business and Attract Buyers
The day may soon arrive when you’re ready to sell your business. You may even have a price in mind, based on similar businesses that have sold recently in your [...]
Can a Closed Business Still Have Value?
When everything goes as planned, a business owner builds value in her business over time by increasing customers, sales, and profit. When it comes time to exit the business, whether [...]