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Category: Business Brokering

Selling a Business: Questions to Ask First

 Selling a Business: Questions to Ask First 28 August 2023: Selling a Business: Questions to Ask First If you’re a business owner, do you realize that your business is eventually going to be sold? Many of you are familiar with our tagline, “Every Business that Doesn’t Fail will be

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Selling a Business: Seller Mistakes

 Selling a Business: Seller Mistakes 21 August 2023: Selling a Business: Seller Mistakes Why don’t some businesses sell? Well, aside from the most obvious – price expectation – there are dozens of reasons, many of which we’ve encountered over our more than two decades in the business brokering trenches

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Buying a Restaurant: Some Numbers

 Buying a Restaurant: Some Numbers 14 July 2023: Buying a Restaurant: Some Numbers Restaurants are among the most often sold businesses in North America. So-called “serial restauranteurs” – individuals or couples who start up restaurants to quickly flip them – are plentiful. Many of these restauranteurs have a data

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Buying a Business in Bankruptcy

Buying a Business in Bankruptcy 3 January 2022: Buying a Business in Bankruptcy “Bankruptcy” is a dreaded word in pretty much all aspects of life. But bankruptcy is also a legal tool that is available to businesses when sudden legal, financial or other catastrophic setbacks – such as the random

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Selling a Business: 4 Important Steps

 Selling a Business: 4 Important Steps 27 December 2021: Selling a Business: 4 Important Steps As I’ve repeatedly mentioned over the past several years of posting to this blog, selling a business is a process – arduous and time-consuming, as I pointed out last week. But it can be

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Selling a Business? 3 Mistakes to Avoid

Selling a Business? 3 Mistakes to Avoid 20 December 2021: Selling a Business: 3 Mistakes to Avoid Selling a business is a time-consuming and arduous process. And it’s particularly challenging if you don’t know what you’re doing – and that refers to pretty much everybody with the exception of trained

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Buying a Business: What’s it Worth?

Buying a Business: What’s it Worth? 13 December 2021: Buying a Business: What’s it Worth Buying a business requires as much attention to value by the buyer as selling one requires of the seller. When buying a business, with the proper documents, a buyer – or, more realistically, the buyer’s

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Selling a Business: The Basics

Selling a Business: The Basics 06 December 2021: Selling a Business/The Basics The last dozen or so posts on this blog have been about some of the specific – some might say “esoteric” – aspects of selling a business. Though all of those aspects are important to consider during the

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Selling a Business: Valuing Future Earnings

Selling a Business: Valuing Future Earnings 29 November 2021: Selling a Business/Valuing Future Earnings Last week’s post about using an earn-out when selling a business raised an important question. “How do we estimate the value of a business’ future earnings?” Well, before we can answer that question, we have to

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Selling a Business: The Earn Out

Selling a Business: The Earn Out 22 November 2021: Selling a Business/The Earn Out When selling a business, an earn-out refers to a pricing or financial structure of an acquisition whereby the sellers must “earn” part of the purchase price, usually based on the performance of the business for a

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