Feb 11, 2022 | Selling a Business, Small Business
When selling a business, a buyer will want a detailed business plan. While most companies have these, they aren’t usually ready to pass along to a new owner. In ten or fewer pages, a business plan summary can provide key facts that potential buyers want to see....
Jan 4, 2022 | Business Valuation, Selling a Business, Small Business
Selling a business is a several-step process. There are many things that need to happen prior to even listing your business for sale. In the following paragraphs, we will cover five dealbreakers for a potential buyer. To ensure you have a smooth and successful selling...
Dec 17, 2021 | Business Owner, Buying a Business, Family Business, Franchise, Small Business
Many individuals dream of becoming business owners. The flexibility, return, and fulfillment is all enticing reasons to become a business owner. There are three main ways to become a business owner. The first is buying an existing business, the second is starting your...
Nov 18, 2021 | Buying a Business, Selling a Business, Small Business
Before selling your business, there is some prep work that needs to happen. A buyer will come with plenty of questions and if you don’t have the answers for them, they may not buy. Potential buyers want to know they are buying something prosperous. So before selling...
Nov 9, 2021 | Business Appraisal, Selling a Business, Small Business
When selling a business, be smart in the price you sell for. The price you list your business at will make a difference in the number of potential buyers and whether your business sells. You don’t want to overprice your business or sell for less than it is worth. A...
Nov 4, 2021 | Business Valuation, Buying a Business, Small Business
Buying a business can be a big undertaking. One way to make sure you get a fair price is to get a business valuation. A business valuation shows the company’s worth broken down. A valuation report shows information about cash inflows and outflows, debts, taxes,...
