The 5 Must-Do’s When Considering Buying Any Business
September 25, 2021 ByThere is no doubt that buying a business can be a very exciting idea; however, it is critical that prospective buyers don’t lose track of what is truly important. Let’s explore the five most important steps that any buyer needs to take when evaluating a business. The simple fact is that as a buyer, you have no choice but to look beyond the sizzle and work to find the steak. In other words, it’s essential to determine the true worth
Getting Exit Planning Right: 5 Tips to Better Position Your Company for a Sale
September 21, 2021 ByExit planning should begin well before you put your business on the market. Ideally, you’ll have a few years to correct any issues with your company and position it to become an attractive acquisition. If you’re in a rush, the right M&A advisor or business broker is critical, because they can help you prioritize the things buyers think about most. No matter where you are in the exit planning journey, these five strategies can help better position your company for
Important Points for Selling to a Family Member
September 18, 2021 ByEventually every business owner will have to turn over control of their business to someone else. There are many options for how this can play out. They range from selling the business to a prospective buyer or selling to a competitor, to turning your business over to a family member. It is key that you start thinking about these options years before you end up in a situation where you actually have to sell. Working with a Business Broker or