Blog

The Advantages of Buying an Existing Business

Congratulations are in order as you have made the decision to buy a business and to become a member of the fraternity of business owners. You are not alone, as there are a multitude of entrepreneurs navigating their way through the process of buying their own business, weighing the costs and benefits of becoming being…

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Personal Guarantees – Some Things You Should Know

In the course of a business’ life cycle, many owners will need to seek financing through a loan or the execution of a lease for equipment or an office space.  If you have never been in this position, you may be surprised to learn that you may be required to sign a personal guarantee to…

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You Will Eventually Transition Out Of Your Business

Over the past decade many entrepreneurs have been fulfilling their life-long dreams of becoming business owners, while others have determined that it is time to sell their businesses.  No matter what category you fall into, there are a number of things that you should consider as a business owner that will help you out in…

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What is my Business Worth ?

“Discretionary Earnings Key for Selling Business ” Determining the value of a business is a complex task best done by a professional business intermediary or qualified valuation analyst. Before determining a business’ market value, the financial information – profit and loss statements, balance sheet and tax returns, must be recast to reflect the business’ true…

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Is This The Year To Sell?

As we have seen the ebbs and flows of the economy over the past few years, many business owners are contemplating if this is the year to sell their company.  Over this same time period, we have had a number of opportunities to speak with business owners, and we are often asked how the market…

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Plan Well to Maximize Business Sale

When a business owner makes the decision to sell, no matter what the reasoning, the goal of selling is to maximize the proceeds that the owner will receive from the sale. Because this will be one of the most important transactions that a business owner will ever take part in, they should approach it with…

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Selling your Business?

If you are thinking about selling your business, you are not alone. According to the International Business Brokers Association, approximately 50 percent of all businesses in the United States will be changing hands in the next decade. For most business owners, their business represents the majority of their net worth, and in consideration of such…

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Choosing the Right Business to Acquire

Once you have decided to buy a business, it is important to find the right business first before worrying about the price. Never base your search criteria simply on finding a good deal because you will find yourself ultimately in a place you don’t want to be. The price must be considered secondary to your…

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Organized In Order To Sell Your Business

"Get Organized In Order To Sell Your Business" It doesn’t matter what you are buying or selling, as buyers will strive to buy as low as possible, and sellers will strive to sell as high as possible. It is all a matter of strategy for either side as they negotiate during the transaction. However, as…

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