Aug 24, 2020 | Business Valuation, Selling a Business, Small Business
Has your business been up for sale for months now? Or maybe you are getting ready to sell your business. Thousands of businesses each year are on the market. However, nearly 80% of small business owners walk away rather than selling their business. Why you may ask? As...
Jul 30, 2020 | Business Appraisal, Business Valuation, Selling a Business, Small Business
Technically speaking, you can’t legally sell or transfer a sole proprietorship. However, you can transfer ownership of the business by transferring the ownership of relevant assets. Once you transfer the ownership, the company dissolves. The buyer can then use the...
Jul 22, 2020 | Business Plan, Business Valuation, Exit Strategy, Selling a Business
For most small business owners, there comes a day when you decide to transfer your business. This may be because you wish to retire, seek a partner to assume ownership, or are ready to move on to something new. No matter the reason, transferring ownership has many...
May 26, 2020 | Business Appraisal, Business Valuation, Selling a Business
The costs you incur when selling your business vary greatly. Most transactions will generate additional selling costs. However, there are no clear-cut or pre-determined costs during the selling process. Depending on the services you chose, who you contract with, and...
May 21, 2020 | Business Valuation, Buying a Business, Selling a Business, Small Business
If you decide to sell your business to an outside acquirer, you must decide between a financial and a strategic buyer. These two buyers have quite different motivations. Understanding these differences is key to helping you get a good selling price for your business....
Apr 15, 2020 | Business Valuation, Selling a Business, Small Business
Deciding on the purchase price of a business is a crucial part of the selling process. Let’s say your business has been on the market for the last several months. The business is listed for $4M. While you are excited to sell at that purchase price, many businesses...
