by Steven Beal | Jul 25, 2022 | Uncategorised
Accounts receivable may or may not be part of a business sale. Where it is left in, it is typically matched up with the payables (i.e., the buyer takes over the receivables and pays the payables). Specific things to look for when you examine accounts receivable are:... by Steven Beal | Jul 18, 2022 | Blog, The Beal Blog
When we sold our house a number of years ago, it took seven weeks! That’s a long time to keep your house extremely neat and tidy, ready for a showing at any time. Well, I hate to break the news, but selling a business can take even longer. If you are thinking... by Steven Beal | Jul 11, 2022 | Uncategorised
Unlike cash, inventory is almost always sold with an active business. However, just because it is included in the sale doesn’t mean it is included in the price. A price for a business is typically stated "$x plus inventory" This is usually done... by Steven Beal | Jul 4, 2022 | Uncategorised
This month we will focus on the importance of clarifying roles and responsibilities as you transition. Everything works better when we get what we expect. Disappointment breeds frustration and potentially anger. In a work environment, we (should) know our job and what...