There are many reasons why a business owner considers selling their business. These reasons can include: Simply tired of running the business Problems getting along with a partner or partners A divorce Ready to retire and enjoy the fruits of your labor But, business owners that are considering selling their business often overlook one important… Continue reading Are You Ready to Sell?
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In my last blog, I spoke about questions a business owner needs to ask themselves to determine if they are ready to sell. If the self-inquiry led to an answer of yes, now it’s time to determine if your business is ready to sell. In a way, all businesses are ready to sell, but not… Continue reading Is My Business Ready to Sell?
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As discussed in a previous blog, buyers will buy a business based on how much money the business will make for them. The buyer will want the business to provide an acceptable rate of return on their down payment, pay them a salary, and cover payments on the money borrowed to finance the acquisition. And… Continue reading Valuing a Business
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