Eventually every business owner needs to sell or think about who will take over their business when they retire. A business broker or M&A advisor can help you to understand what steps to take to achieve optimal results. Teamwork Makes…
Use the following criteria as a guide for judging the seriousness of potential buyers: Positive signs Has an interest in the business deeper than the financials Has sector or relevant experience – ease of transition Has enough money to buy…
Many sellers feel a sense of relief or freedom once the deal is done. However, it’s not all over yet, it is likely you will have to help the owner in a transition phase and it is in your best…
Maintaining confidentiality is of utmost importance when selling a business. However, maintaining confidentiality can be difficult and is one of the key reasons any seller should seriously consider working with a business broker or M&A advisor. A breach in confidentiality…
When buyers see recurring revenue, they instantly know that a business is stable, has positive cash flow, and, importantly, has room for potential future growth. Buyers want to see consistency and stability at every level. Recurring revenue means that a…
The decision to buy or sell a business is one of the most important professional and financial decisions a person will make. Here is a guide of questions to ask yourself when considering the sale of your business. 1. What…
Employees can be either an asset or a detriment to the success of a business. A dedicated and knowledgeable team of employees will help boost not only a business’ bottom line, but also its value when it comes time to…