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Do I Need a License to be a Business Broker?
Do I need a License to be a Business Broker?? We get this question at least once a week; “Do I need a business brokers license?” The short answer is, “it depends”. First of all,
Business Brokers: Can You Charge for a Business Valuation?
Can I Charge for a Business Valuation?? We get this question from business brokers all the time. They know that valuing a business requires a good deal of their time – time that could be
What is Needed to Value a Business?
Once More: The Importance of the Valuation! NOTE: This post was originally geared toward business brokers and those that wanted to become business brokers. However, because it discusses how to value a business, much of
What Does a Business Broker Do?
What Does a Business Broker Do? Indeed, what does a business broker do? We get this question all the time from all sorts of people who you would otherwise think were intelligent individuals. There are
Selling a Business? Payables, Receivables, etc.
If you’re considering selling a business, let’s discuss some of the myriad issues involved. From taxes and financing instruments to training the buyer and keeping the transaction confidential, there are dozens of issues that must
Buying a Business? Read the Lease Carefully!
How do Lease Terms Impact the Business? If you’re buying a business, what should you look for in the lease? Well, that depends. Let’s examine some of the issues. The most obvious one is the
Buying a Business’ Real Estate
What are the Pros and Cons of Buying the Real Estate with the Business? If you’re buying a business, should you buy any real estate that the business owns? Well, that depends. Let’s look at
Business Brokering: How to Handle Real Estate
What do you do if real estate is involved in the business sale? This is a question we get all the time. You meet with the sellers; you find out that either the business owns
Business Brokering: The Value of Co-Brokering
What is “co-brokering” and why is it important? The answer to the first part of that question is that co-brokering is the concept of working with other brokers. The answer to the second part is
Episode 10: The Owner is Taking Cash Out Reducing Value
Episode 10: The Owner is Taking Cash Out Reducing Value If you own a business that takes cash and you are “liberating” some of that cash – that is, not declaring it – you are