Category: Valuing

What Can Business Sellers and Buyers Expect in 2021?

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Posted by Patrick McAdams on

2020 was a year of uncertainty for business sellers and buyers.  When the COVID-19 pandemic hit in March and stay-at-home orders were put into effect no one knew what the impact would be. Essential businesses were able to stay open, many others closed.  The recovery since then has been very uneven ...
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The Pitfalls of Selling a Cash Business

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Posted by Patrick McAdams on

Business Brokers talk to many business owners each week about selling their businesses.  As a broker, I have to determine if the business they own is sellable. Business owners will ask me “What do you mean, is my business sellable?”  In their minds, of course someone will want to buy it.  The ...
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What’s My Business Worth?

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Posted by Pat McAdams on

When I finally decided to sell my business, this was probably the most pressing question on my mind: What's my business worth? I went to my accountant and asked him if he knew how to do this.  He was not sure what my business would be worth, but from his experience that it was usually a multiple ...
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