Archive for Articles for Sellers - Click on title to read complete article
Firms for Sale
It will be a buyer’s market for businesses for several years. Baby boomer owners are starting to cash out in growing numbers, with about 750,000 looking to sell by 2009, a 15-fold increase over 2001.Â
Most firms will go to strangers … only 15% stay in families more than two generations. While owners may want to [...]
For Business Buyers and Sellers: A Guide
Your best guide for buying or selling a business isn’t words on paper–it’s the competent presence of a business broker. Although business brokers generally represent the seller, the buyer also reaps the benefits of expert guidance. A business broker provides vital services for both parties and acts as the “glue” for holding together the pieces [...]
Keys to Improving the Value of Your Company
The first key is to have your accountant take a look at your accounting procedures and make recommendations on how to improve them. He or she may also help in preparing financial projections for the coming year(s). Getting your company’s financial house in order is very important in establishing the value of your [...]
Valuing Your Business
Most owners seek a business valuation when they’re looking to sell their business, but there can be many other reasons to learn what a business is worth:
Buy/sell transactions between business owners may require a current valuation.
A business may be seeking to purchase minority shareholder interests or setting up an Employee Stock Ownership Plan.
An owner’s divorce, [...]
Selecting A Business Broker to Sell Your Business - 12 Quick Tips
1. Know up front what your expectations are in a business broker who will be selling your business. Make sure you discuss and convey those expectations to the business broker you select. Direct and open communications about expectations and other issues with your business broker is critical in selling your business.
2. Ask the business broker [...]