Latest News from Sunbelt Business Brokers
In an unstable economy, selling your business can be a challenging experience. And that’s all the more reason to take your time and walk through the sales process carefully. Some of the most common mistakes you can make when selling your business come from insufficient preparation or disengaging from the process. Here’s how to sell…
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When selling your business, confidentiality is more than just a preference. It’s essential to ensure the deal goes smoothly and preserve the value of your business, both now and after the sale. Having word of the sale get out to employees, customers, competitors, or creditors could hurt your business and possibly kill the deal. But…
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In order to maximize the value of your business sale, you basically have to become an expert marketer. And unless the company you’re selling is a business brokerage, chances are you lack the required skill set to pull off a smooth, successful sale — especially if you attempt to do it by yourself. Of course,…
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The process of selling your business isn’t as straightforward as when selling other assets. You’ll need to prepare carefully to ensure a smooth transition. But with the right planning, you can sell your business with greater confidence. Here are some tips to aid you as you complete the process. Conduct a Comprehensive Business Evaluation Your…
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Selling your business is never a decision to be made lightly. When you make this choice, you want to place your company in the hands of someone who will give your business the same attention and care that you did. So how do you find the right buyer for your business? Here are some tips…
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You’re ready to sell your business, but you’re not sure anyone is ready to buy your company because of interest rates. Certainly, interest rates play a key role in companies being bought and sold and impact the structure of a deal. Higher interest rates increase the cost of borrowing money, which many companies do to…
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If you plan on selling your business now or in the future, it’s important to read your lease and share it with a business broker before you do anything else. Selling your business can be exciting, but if you’re paying rent for your company’s space, you need to know what’s in your lease and discuss…
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Selling your business is an exciting time. You’re closing one chapter of life and moving on to another. However, the sale itself can be filled with challenges, and one of those is valuing excess inventory beforehand — the process is more complex than you might think. Here’s a closer look at how to value extra…
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