Category: Become a Business Broker

How to Prepare for a Business Valuation A business valuation is essential to properly gauge what a business is worth and a business valuation is critical if the owners of the business are considering selling. And there are multiple methods to be used when valuing a business but we’ve found

Business Brokers: Advising Business Owners As business brokers, what can we do to help our clients prepare for the inevitable return of business? Not surprisingly, this has been an oft-asked question in our inboxes and consulting calls recently. As the  fallout from the Covid-19 virus continues to hammer businesses around

Business Valuation: The Covid-19 Impact The Covid-19 pandemic has sent national economies around the world into a tailspin. Equity markets are taking a hit as company values fall due to perceived increased risk and lower projected future earnings. We are seeing wild swings across all market indices as investors try

Selling a Business: The Impact of the Coronavirus – Part 2 Selling a business under normal circumstances can be challenging enough but the coronavirus adds a whole new dimension to the process. Two weeks ago, our post was about the general short term impact of the coronavirus on selling businesses.

The Importance of a Business Broker Anyone that has been reading this blog for a while, knows how important I believe putting together the right team – most importantly a professional business broker – is when selling a business. A couple of years ago, I wrote a post specifically about

Selling a Business: The Impact of the Coronavirus Anyone not living in a cave is, by now, aware that much of the world is battling a new demon known as the coronavirus. This malignant disease is having a major negative impact on everything from airlines, restaurants and local governments to

Buying a Business: Check for Liens! If you’re buying a business – or if you’re a business broker representing a client in buying a business – one of the most important aspects of a buyer’s due diligence – and one that too often slips through the cracks – is determining

Selling a Business: 5 Ways to Get the Deal Done Selling a business ain’t easy, my friends! And that’s particularly true if the seller is not prepared. It’s doubly true if the business owner tries to do it him- or herself. Trying to sell a business while, at the same

Selling a Business: The Letter of Intent Selling a business is a many step process. Geez, just getting the business ready to be sold takes plenty of work! Some brokers think that, once all the preliminary work is done – the valuation, the listing, the preparation of the Offering Memorandum,

Business Valuations: Let Me Count the Ways! Business valuations are, not surprisingly, a critical part of our business. We value businesses for all sorts of reasons, not just for sellers when it comes time to sell. We do business valuations for divorces, partnership dissolutions, financing and refinancing, insurance, buy-sell agreements