Latest News from Sunbelt Business Brokers
Your business has been profitable for a while, and you’re ready to take a backseat. Since you can see its value, you assume it should be easy to sell. Now you’re just concerned with how much you can sell it for and how soon you can close the deal. But it’s not as simple as…
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When starting a business, there are many things to think about, but certain factors are more crucial than others when it comes to your success. One of the essential considerations is choosing the right business broker. A business broker can help you find a business that aligns with your interests and advise on what steps…
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Knowing when to sell or exit your business may be planned or sudden, but if you’re a business owner, it’s important to have an exit strategy in place before the decision. This article will outline an exit strategy for your business so you can move forward when the time comes. If you’re selling your business…
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Selling your business is likely to be the most important financial decision you will ever make. You’ll want to make sure you get top dollar for your hard work, but you might not know how much your business is worth or how to find the right buyer. That’s where a business broker comes in. They’re…
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A pre-sale checklist is a good way to ensure you have all of the details before selling your business. This will get you somewhat ahead of the due diligence list that will be provided by the buyer. Sunbelt can provide you with a ‘sellers questionnaire,’ which you can use to pre-screen buyers and prepare for…
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Most times it takes between 4-12 months to sell a business. Occasionally it can take longer especially if the business experienced reduced revenues/profits after the listing went live. Remember that it may take 2-3 months to close a deal after signing a contract. The process can be shorter or longer depending on several factors, including…
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A letter of intent is a preliminary document generated when selling your business that establishes the key terms of a proposed deal between two parties. The letter sets forth the agreed-upon terms and indicates that both parties are committed to moving forward with the transaction. Sunbelt, however, does NOT take letters of intent. They go…
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The prospect of buying an existing business can be pretty exciting. However, you must overcome a few major hurdles to turn your entrepreneurial dreams into reality. Most notably, you must find a way to finance the business you want to buy, which can sometimes be easier said than done. Fortunately, a talented team of business…
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