“As shocking as it may sound, I believe that most owners of middle market private companies do not really know the value of their company and what it takes...
In the practical sense, when selling a business, goodwill is all the hard work and effort the seller has put into the business over the years. When acquiring a...
Surveys have shown that a seller who asks for all cash, receives on average only 70 percent of his or her asking price, while sellers who accept terms receive on...
When a buyer is sufficiently interested in your business, he or she will, or should, submit an offer in writing. This offer or proposal may have one or more...
A buyer will want up-to-date financial information. If you use accountants, you can work with them on making current information available. If you are using an...
Business brokers are the professionals who will facilitate the successful sale of your business. It is important that you understand just what a professional...
It generally takes, on average, between five to eight months to sell most businesses. Keep in mind that an average is just that. Some businesses will take longer to...