selling your business
Obstacles for Businesses in 2022
According to the Small Business Administration (SBA), the United States is home to more than 30 million small businesses that employ around 60 million people. The number of businesses declined at the height of the COVID-19 pandemic in late 2020, when the unemployment rate reached 13 percent. The national 2021 unemployment rate fell to just…
Read MoreWhat Exactly is a Business Broker and What Do They Do for Someone Selling Their Business?
If you are about to start the process of selling your business, a business broker can help you find the right buyer that has the financial resources to get a deal done. Sunbelt pre-screens buyers by creating a profile that includes a Personal Financial Statement (PFS). Our system helps business owners know more about a…
Read MoreBusiness Lessons from 2021
After a dormant year for selling your business in 2020, business sales transactions in 2021 increased by 14 percent despite the continued economic damage caused by the COVID-19 pandemic. The double-digit growth in business sales occurred despite an economic climate that included a much-depleted labor force and supply chain disruptions that forced ships to spend…
Read MoreWhy Selling Your Business is One of the Biggest Transactions of Your Life
You worked hard for years to build a profitable business. Now, the time has come to find the right buyer. Selling your business represents one of the biggest, if not the biggest transactions of your life. The value of your business most likely is worth more than any other asset you own. Even selling your…
Read MoreTop Questions Buyers Ask When They’re Considering Your Business
You have started the process of selling your business. One of the most important steps of the entire process involves anticipating the questions asked by buyers that range from a small group of investors to one of the most experienced business brokers in the area. Here are a few of the common questions that represent…
Read MoreHow to Increase the Value of Your Business Before You Sell
One of the most important goals you set involves increasing the value of your business. Whether you are considering acquiring another company or planning a strategy to boost future growth, increasing the value of your business should be a primary financial objective. This is especially true if you are planning to sell your business. When…
Read More3 Important Traits of a Successful Business Broker
Regardless of your company’s size, selling your business for a high value will require a business broker with particular traits, including strong organization and communication skills, a proactive mindset, and the knowledge to sell businesses similar to yours. There are many additional traits that indicate a skilled broker, such as a defined selling process, but…
Read MoreStage Four & Five of the Sunbelt Selling Process: Negotiation, Due Diligence, and Closing
These are the final stages of selling your business through Sunbelt Business Brokers, and is where the process simultaneously becomes more exciting and possibly challenging now that you’re dealing with money on the table. Once through these stages, your business will be another of Sunbelt of Florida’s many successful Done Deals. Your Sunbelt intermediary’s focus…
Read MoreSell Your Travel Agency The Easy Way
The travel industry is an ever-growing and changing industry. Since COVID-19, many people and families have been wanting to spend more time outdoors and travel. The travel industry is very competitive, and many travel companies are in high demand. If you’re seeking to sell a travel agency, you need to consider working with professionals to…
Read MoreStage Three of the Sunbelt Selling Process: Marketing
With marketing preparation out of the way, you can sit back and relax while your Sunbelt broker actively and confidentially markets your business. Once officially on the market, Sunbelt will work to locate and deliver high-quality buyers to the table. When selling your business with Sunbelt, you can expect us to work toward selling for…
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