Posts Tagged ‘selling your business’

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…

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,…

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…

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…

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…

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…

If you’re like many business owners, you might have envisioned yourself staying with the company indefinitely (or at least until the end of your working years). After all, building a successful business is a lifelong dream. How could you get tired of that? Even if running your business is generally a joyful affair, you might…

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…