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Preparing Your Business for Sale

Preparing your business for sale may feel overwhelming at first. But this process is very important as it will help ensure that you receive a reasonable rate when you sell your business in New Jersey, Massachusetts, Pennsylvania, Rhode Island, New York, Connecticut, Vermont and Maine. You can rest assured that all the work that you…

The Legal Side of Your Transaction

It should come as no surprise that legal issues can quickly pop up during the buying and selling process. If you’re planning to sell your business, it’s important to think through these matters ahead of time so you don’t accidentally fall into any common traps that can affect unprepared sellers. When you work with an…

Often selling a business comes down to storytelling. The buyer and seller are the main characters of the story that is being told. The seller is the one relaying the story, and the ideal buyer is the one who truly sees the future opportunity. A Brokerage Professional Can Help Tell Your Story The simple fact…

When it comes to getting a loan, you can be certain that a bank will want collateral. This is true for both personal and business loans. Simply stated, if you have collateral, your bank won’t be concerned about being left empty handed if you can’t repay the loan. Many budding business owners are, in fact,…

Many buyers view a publicly-held company as virtually being an open book with at least a modest level of transparency, whereas privately-held companies reveal much less about their inner workings, financial, and otherwise. Of course, this means that buyers of privately-held companies are left with no choice but to dig through whatever information is available…

Just as every person is different, the same invariably holds true for buyers. No two buyers are the same. Further, no two buyers have the same mindset, emotional makeup, or approach to business. The simple fact is that buyers opt to buy businesses for a very wide range of reasons. The bottom line is that…

Confronting the Emotional Reality of Selling a Business

Selling your business is one of the most serious, and life changing, decisions that most people will ever make. Yet, as substantial of a decision as this may be, far too often business owners fail to consider the emotional side of selling their business. Not begin emotionally ready to sell, or being overly emotional when…

Owning and operating a business can be rather demanding and that means from time-to-time details can slip through the cracks. All too often, businessowners don’t fully comprehend their leases and this can lead to a variety of problems. For example, if your business location is a key part of your success, it is incredibly important…

If you’re getting ready to sell your business, you’ll want to be on high alert for potential warning signs that could potentially derail the deal. Of course, time is of the essence when it comes to finalizing your deal. Why spend time negotiating with a buyer who is either not really interested or is simply…

When in the process of buying a business, some buyers have accidentally overlooked important questions that need to be asked. However, you don’t want to find yourself in a situation where you wish you’d found out details that would have impacted your decision-making. With that in mind, let’s take a look at some often-overlooked inquiries. …