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"Thanks for your professionalism during the negotiations and the final closing of the purchase."
– Tony F. Bought an upscale/resort restaurant/bar.

Small Business “Sell-ability”

Small Business “Sell-ability” Is a small business sellable? When dealing with owners of very small businesses, we get that question more often than we should. As a general rule, most businesses – even some of

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Selling a Business: The Personal Aspect

Selling a Business: The Personal Aspect There is, indeed, a personal aspect to selling a business. Two weeks ago, our post was about what to expect in the preparation process when selling a business. At

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Selling a Business: What to Expect

Side Note: Though this post is about selling a business, at the end of last week’s post I wrote that there were additional lessons learned by the broker in that story and that I would

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Business Brokers: Mistakes to Avoid

Business Brokers: Mistakes to Avoid Like any other industry, ours presents many opportunities to make mistakes. The results of such missteps by a business broker can range from mild embarrassment to ruinous lawsuits. Business brokers

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The Final Handshake

Selling a Business? 5 Basic Requirements

Selling a Business: 5 Basic Requirements Selling a business? If you’re a business owner, even if you’re not selling now, you will eventually. I’ve written previously about the Silver Tsunami, a term coined about 10

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Coronavirus Upside?

Coronavirus Upside? A Coronavirus upside? Could there really be one? It’s a little early to tell but anecdotal evidence is starting to appear that there may be. As with most industries, ours saw a sudden

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Business Owners: Selling to Employees

Selling to Employees Selling to employees? If you’re a business owner, selling to employees is an excellent way to exit your business, particularly if your objectives when selling include preserving your legacy. And if you’re

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Business Brokers: What Sellers Look For

Business Brokers: What Sellers Look For Business brokers need a reputation for credibility – though whether you’re a business broker, a business owner/seller or a business buyer, I doubt I’m telling you anything you don’t

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Detective

Business Sellers: Know Your Buyer

Business Owners: Know Your Buyer! Business owners! Do you know your buyer? Most business owners who read this are probably not thinking of selling their business – at least at the moment. But the time

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