Sale Process

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…

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…

Emerging technologies are driving the creation of new businesses, business models, and innovations every day. Keeping up with the alphabet soup of AI, AR, VR, ML, and other techy abbreviations can be dizzying. For entrepreneurs, opportunities abound. But so do questions. For instance, how can these new technologies help your company? What are the advantages…

As a business owner, you want to make sure that every aspect of your company is contributing to your success. But have you ever thought about how your company’s physical location impacts its value? Find out more in this guide. Drawing New Customers If you have a destination business, your exact location may not matter…

As a franchisee, there may come a time when your franchise becomes so successful that it simply makes financial sense to sell it. That, or you may find that your franchise has never truly gotten off the ground, causing you to decide to leave the business altogether. In any case, it’s clear that selling your…

Are you considering selling your business? This can be a tough decision, especially since it impacts your employees, vendors, and other stakeholders. It’s often best to keep the sale of your business confidential. But how do you balance the need for confidentiality with the need to showcase your company’s true value? Business brokers can help.…

Building a successful pet store business can be tough. But once you’ve overcome initial barriers, you’ll probably find that your profit margins are much higher than those of traditional retail businesses. Of course, you may consider selling your business at some point. How easy is it to sell a pet store? Let’s find out. Is…

Selling your business is a major life decision, but if you do it carefully, you can bring in a significant amount of income while taking a good bit of responsibility off your shoulders. To ensure the best possible deal for yourself and your family, it’s essential to take your time when planning the sale. Here…

When selling your business, it’s relatively easy to place a value on tangible assets like inventory and equipment. But what about intellectual property? If you’re selling your business, here’s how your intellectual property will be assessed. Intellectual Property: Definition What is intellectual property? Intellectual property (IP) refers to your ideas. It consists of the property…

Understanding and valuing Goodwill is a crucial step when selling your business, as it can increase the overall value of your sale. What Is Goodwill? Goodwill is any NON-TANGIBLE asset that’s directly tied to the cash flow of the business. It’s valued at a multiple of the cash flow. Examples of Goodwill Perhaps the simplest…