Over the years, we’ve had the same conversation with business owners who want to sell their business. They talk about how exciting the industry is, how much potential there is to grow, how they plan to market the company going forward and how much another person/people would enjoy owning this bu
READ MORE »If you’ve worked with a business broker before, you’re familiar with the process and what to expect. If not, here’s a brief synopsis of what that collaboration looks like: A business broker’s role is to assist both buyers and sellers in the purchase and sale of a business. It’s similar to
READ MORE »When an owner comes to us to value their business, it’s not always because they are preparing to sell. Business owners often get valuations with no intention of selling. They understand that an up-to-date valuation provides crucial insights into their company’s financial health and serves as a s
READ MORE »Business brokerage can be a “sharky” industry. When business owners are approaching retirement age, people come out of the woodwork offering to help you value or sell your business and not all of them have integrity. This month we’re talking about the worst of the worst in our industry because
READ MORE »For many professionals contemplating a career transition, the idea of owning a business is both exciting and daunting. A common obstacle is the lack of readily available liquid capital for a down payment, particularly when much of one’s savings is tied up in retirement accounts. Something many peo
READ MORE »Too often, business owners envision selling their business when they are ready to retire, travel, be with family, or pursue other interests. However, the best time to sell your business might not align with when you feel ready. You need to sell your business when it’s ready to be sold (not nec
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