Tag: become a business broker

4 November 2024: Purpose of a Business Valuation Pt 1 We’ve often discussed the importance of knowing what a business is worth when the time comes to sell. After all, a business owner telling us what they “want” or “need” for their business is meaningless. Nobody but the owner cares

  28 October 2024: Buying a Business: Understand the Lease. If you’re buying a business, what should you look for in the lease? Several things, actually, as the performance of the business depends in no small part on the terms and conditions of the lease through which the business has

  21 October 2024: Business Brokers: A Question of Ethics. 3 Examples. Ethics in business brokering is a vital aspect of the industry, impacting how brokers conduct transactions, interact with clients, and maintain their reputations. We serve as intermediaries in the buying and selling of businesses, making our ethical standards

  14 October 2024: Selling Your Business: Private Equity If you’re a business owner thinking of selling your business – or a business broker representing such an owner – knowing who’s buying and what they’re buying would big a big plus, wouldn’t you agree? Over the years, we’ve occasionally posted

7 October 2024: Business Brokers – Finding Sellers Before I founded Worldwide Business Brokers back in 2001, I had, over the years, owned several other businesses. I remember throughout the 1990s receiving regular, unsolicited faxes from so-called business brokers. Some of these faxes – particularly with those with the salutation,

  30 September 2024: Selling a Business Its Value and What Drives It When selling a business, knowing its value is arguably the most important factor in determining whether the selling efforts will be successful. (That, of course, as pricing it correctly.) Understanding how to increase that value  is key

  23 September 2024: Selling a Business The Truth Matters “If you’re considering selling your business, you must ensure that you provide true and accurate information.” Believe it or not, that’s the first sentence of an article I read recently about how the owner of a business in Australia would

  16 September 2024: Selling Your Business Yourself – and Why You Shouldn’t Selling your business will likely be the most significant financial event of your life. It’s so significant that it amazes us how many business owners try it. Given the stakes involved, hiring professionals is not just advisable

  9 September 2024: Selling a Business: 5 Aspects to Plan Planning. Selling a business takes planning. “Planning” for the sale of your business can be a complicated endeavor and involves considering not only multiple facets of the business but also of the sale itself. WHAT WE’RE LOOKING FOR: Dental

  2 September 2024: Selling a Business: The Transition Last week’s post started with the following statement: “Selling a business is a complex and often emotional process that requires careful planning and execution. For many business owners, it’s the culmination of years of hard work and dedication.” The emotional aspect