Selling a business is exciting, but here’s the thing: overlooking small details can lead to big problems later. If you ever plan to buy a business – print, save and clip this post for when the time comes. I’ve seen sellers end up in legal hot water—not because they...
Picture this: You’re sitting in your office; the business you’ve poured your heart and soul into for years humming along. You’re thinking about retirement, maybe a beach somewhere. But there’s one big hurdle – selling your business. Let...
The #1 thing that prevents a deal from closing . . . . wait for it . . . But first, FUN FACT: According to IBBA Insights – over 50% of all business acquisitions with an agreed-upon purchase price close the transaction and consummate a deal. Deal killer #1 is: the...
At the heart of our approach lies a fundamental understanding: we are not dealing with static commodities. Instead, we recognize the fluid nature of business, where every transaction embodies a multitude of variables. Sales go up and down; expenses go up and down;...
In business, there’s a common adoration for those who seem to have an uncanny knack for success. They’re hailed as the smartest minds in the room, revered for their ability to navigate complexities and orchestrate triumphs. Once upon a time, my client was...
Cover all the bases! Business Valuation: Accurately valuing the business is crucial for setting a fair sale price. A thorough assessment of the business’s financials, assets, market position, and growth potential will help determine its worth. Terms of Sale: The...
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