Prospective business buyers often make the terrible mistake of being overzealous when talking with a seller for the first time. I get it; you’re excited. Perhaps you have spent a ton of time looking at listings and do not want …
6 Overlooked Benefits of a Company Valuation
Most business owners seek a valuation for their company when there’s an immediate need — they’re ready to sell or raise capital now, or they have a shareholder that is being bought out or gifting equity to family.
But valuations …
IS YOUR BUSINESS READY TO BE SOLD?
Two recent discussions are worth considering when thinking of about selling your business. One gentleman wants to sell his business to a couple employees in a couple of years and the other wants to sell in 10 years.…
WHY YOU NEED A VALUATION
The buzz is that if you are a Baby Boomer and you want to sell your business in the next few years, then you are in the majority. You are not the only Baby Boomer and will possibly have your …
Murphy Business Broker Explains the Process of Selling Your Business Step by Step
Anyone selling a business should be considering the elements of the sales process. Business brokers are invaluable in each of these considerations:…
What Matters Most to Business Buyers?
An established business has much to offer a prospective buyer. A proven product or service exists, as well as a customer base. Typically, there are experienced employees and managers in place (and many choose to remain with the company after …
The Importance of Intangible Assets When Selling a Business – Business For Sale
You’ve spent a lifetime building up your business. Whether you have always planned to move on or are selling your business due to the continuing pressures exerted by the many recent economic downturns, you will be looking to achieve the …
You Have Goodwill Because?
From time to time, I am in the unfortunate position of telling some 50-year old business owner that they “just don’t have any goodwill”.…
When is the best time to sell a business? – Timing is Everything!
The biggest financial transaction in a private business owner’s life is likely the sale of his or her business. Although many transfers are predetermined, others result from unplanned events, which is why it is essential for business owners to have …