Business Brokering Buy Sell Business – Worldwide Business Brokers
Should You Close Your Business? To a business broker, that’s a ridiculous question! In almost 100% of the cases, you should sell your business, even it is not profitable. Why? Because it almost certainly has value – and by closing the business, you’re walking away from that value. Should you
What Drives Business Value? Well, net income, of course, as well as growth prospects. But there are many other drivers of business value and business owners that don’t pay attention to these “value drivers” will suffer when it comes time to sell their business; and that time will come, sooner
Divorce: Who Buys, Who Sells? Last week’s post was about the importance of having a buy-sell agreement in place so that the business can transition smoothly in the event of the death or disability of one of the owners. At the beginning of that post, I mentioned that we are
Selling a Business: Using Multiples to Find Value Business owners that are semi-literate about selling a business often come to us with some pretty wild ideas about what their business is worth. Some expect the value of their business to be a “multiple” of something; monthly sales, net income, annual
Buying a Business: Should You Keep Your Purchase Confidential? If you are considering buying a business – and especially if you’re about to close on the deal – your natural inclination is likely to be to announce the purchase to the world. You want your friends to know, you want
Want to Buy A Business? Use a Business Broker If you want to buy a business, you might consider using a business broker. Why? Well, there are many reasons but let’s clarify a few things before we get started. First, if you are looking for a small, Main Street-type business,
Show Me The Money! If you’re a business broker – or the buyer or seller of a business – you know that the only way a deal gets done is if the money is found to make it happen. While this topic is broad enough to fill a book (and
Are Your “Buyers” Really Buyers? If you’re a business broker – or if you want to become a business broker – you know that there are few ways to waste more time than with “buyers” that will never buy. Over the course of a year, professional business brokers will likely
Funky Financials Well, I’m a day late on this post and I apologize. Things have been a bit hectic out here in Paradise but I’m catching up, little by little. I should be back on schedule next Monday, but let’s get on with the Case of the Funky Financials; what
The Business Broker and Real Estate Agents Professional business brokers are still a relatively unknown breed. Many business owners, especially the owners of Main Street businesses, have no idea that professional business brokers exist or what they do. This means that if you’re a business broker – or want to
