Financial Considerations

Business valuation is one of the most crucial steps when it comes to selling your business. But according to recent data, a staggering 98% of small business owners did not properly understand the value of their business. Thankfully, you can avoid becoming a part of that statistic by using the following tips to understand the…

Selling your business in today’s economic climate can prove to be a challenge. In many cases, including some form of seller financing is the only way to complete the sale. That could be good news for you. Let’s take a look at how seller financing usually works (and how it can benefit you as a…

There’s no single indicator that can tell you the health of your small business. But if you want to ensure you can always pay bills — and grow your company — having a steady and reliable cash flow is vital. When someone suggests that you improve your cash flow, you might think that this sounds…

When you’re selling your business, finding qualified buyers can be challenging. The pool of prospects may seem limited to entities with quick access to capital. But there may be perfectly suitable buyers who may pay more out there who may not qualify for a traditional loan from a bank. I.e.: a foreign person who is…

Have you been thinking about selling your business? The first step is to get an accurate business valuation. Without one, you might end up selling yourself short — or setting a price so high that your business proves impossible to sell. Fortunately, getting an accurate valuation is pretty simple. But what factors go into that…

Running a business online certainly sounds appealing. After all, you can work in your pajamas and anywhere in the world. Setting up an online business takes a good bit of work, but once your business is established, it can be a great way to generate income. And if you’re thinking about selling your business after…

How much is your business worth? The answer to this question doesn’t just matter when you’re ready to sell your company. Business valuation can help you determine how much your business is worth, which can help you, your investors, and other stakeholders evaluate your company and its financial direction. There’s more than one strategy for…

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…