Articles

Leases: Key Considerations That Can Make or Break a Business

Posted by on

Are you selling a business that involves a lease? If so, this will be a factor that has significance to a buyer when you go to complete your deal. If your business relies heavily on its location and you don’t own property, then you’ll find the lease will be quite an important consideration for y ...
Read more

What Should You Expect from Term Sheets?

Posted by on

If you’re selling your business, at some point you’ll likely be presented with a term sheet. As the name suggests, this document will include the “terms” of the deal including the basic economic terms and conditions of a prospective acquisition. It is a list of conditions to be met if the sa ...
Read more

Is Your Deal Really Done?

Posted by on

Once you get to the stage of your deal where you have a signed letter of intent, you may already be feeling a sense of relief that your deal is near finalization. But remember that the due diligence stage is typically yet to come. This stage includes everything from financial and legal investigation ...
Read more

Questions to Ask When Negotiating a Deal

Posted by on

Almost every sale of a business involves a high degree of negotiation between buyers and sellers. In this article, we share some of the questions you can ask yourself to prepare for this part of the process. After all, optimal outcomes are typically only achieved through proper negotiation strategie ...
Read more

How Can You Tell If a Potential Buyer is Really Serious?

Posted by on

When you’re trying to sell your business, the last thing you want is to waste time dealing with buyers who aren’t qualified and are unlikely to actually make a purchase. After all, you will not want to reveal details about your business to someone who may be looking to take advantage of the situ ...
Read more

A Guide for Determining a Reasonable Price for Your Small Business

Posted by on

There is a considerable difference between determining the value of a privately-held company and a publicly-held company. Topping the list of considerable differences is the fact that privately-held companies do not have audited financial statements. Let’s look at how the owners of privately held ...
Read more

Current Insights Regarding the Labor Shortage

Posted by on

BizBuySell’s Insight Report is filled with key statistics and information on a range of topics, including the labor shortage and hiring problems that many businesses currently face. Visit BizBuySell for more information about the findings that they recently reported for the third quarter of 2021 ...
Read more

Current Insights Regarding the Labor Shortage

Posted by on

BizBuySell’s Insight Report is filled with key statistics and information on a range of topics, including the labor shortage and hiring problems that many businesses currently face. Visit BizBuySell for more information about the findings that they recently reported for the third quarter of 2021 ...
Read more

How to Purchase a Business Without Collateral

Posted by on

Many prospective business owners believe that it is impossible to purchase a business without collateral. The simple fact is that banks do expect collateral when making a loan. Since this is the core reality of the business world, it means that many who are eager to own a business will ultimately no ...
Read more

The Most Important Factors in Any Partnership Agreement

Posted by on

Every business has an array of important legal documents. However, the partnership agreement holds a unique and important place in your business and its future. The facts are that many people choose to go into business with close friends or family members, and often these personal relationships ...
Read more

Are You Truly Ready to Become a Business Owner?

Posted by on

People frequently dream of owning their own business, as ownership has a range of perks and benefits. However, it is important for prospective business owners to step back and consider if they are truly ready. In this article, we will explore three essential questions that you need to answer before ...
Read more

3 Overlooked Areas to Consider When Buying a Business

Posted by on

Without a doubt, there are a multitude of factors that go into buying a business. Since there are so many variables involved, it is easy to potentially neglect some important aspects. In this article, we will explore some of the key areas that can be overlooked when buying a business. Three areas in ...
Read more

Disruptive Factors in Selling Your Business

Posted by on

At some point, every business owner will need to think about selling his or her business. This means you’ll need to be ready to overcome a range of obstacles, as the process of selling a business can be both confusing and time-consuming. This is especially true for those who have not gone through ...
Read more

The Importance of Quality Negotiations

Posted by on

When it comes to finalizing deals, successful negotiations are at the heart of the matter. It only makes sense to think about how to improve your communication skills and to choose a Business Broker or M&A Advisor who is well versed in the art of negotiation. Cultivating Win-Win Situations ...
Read more

How Changing Market Conditions Can Impact Your Business

Posted by on

Recently, the International Business Brokers Association (IBBA) released its Q2 survey report, The IBBA and M&A Source Market Pulse. This survey features feedback from an impressive 301 brokerage professionals across 44 states with 266 transactions taking place in the quarter. The report had nu ...
Read more

Market Trends Reported in the IBBA and M&A Source Market Pulse Survey: Second Quarter 2021

Posted by on

Created in 2012, the IBBA and M&A Source Market Pulse Survey was created to provide business owners and their advisors with a clear understanding of ever-changing market conditions. Through this survey, it is possible to gain clarity on businesses being sold in Main Street (values $0-$2MM) an ...
Read more

The 5 Must-Do’s When Considering Buying Any Business

Posted by on

There is no doubt that buying a business can be a very exciting idea; however, it is critical that prospective buyers don’t lose track of what is truly important. Let’s explore the five most important steps that any buyer needs to take when evaluating a business. The simple fact is that as a buy ...
Read more

Important Points for Selling to a Family Member

Posted by on

Eventually every business owner will have to turn over control of their business to someone else. There are many options for how this can play out. They range from selling the business to a prospective buyer or selling to a competitor, to turning your business over to a family member. It is key that ...
Read more

How to Circumvent Three Legal Mistakes Sellers Make

Posted by on

After decades of hard work, selling your business can be an exciting and rewarding time. Yet, many business owners overlook the importance of focusing on the legal matters associated with sales. In this article, we’ll explore three of the most significant mistakes sellers make. 1. Use an NDA ...
Read more

Put Your Strengths First When Selling Your Business

Posted by on

You understand the finer points and potential of your business better than anyone; however, that doesn’t mean that prospective buyers will instantly see your business’s various strengths. When you are looking to sell your business, you have two very important jobs. The first is to get your busin ...
Read more