Is Your Business Ready To Sell?
As a business owner, selling your business is one of the biggest decisions you can make. If you are thinking about selling your business in the future, consider the following factors that will help make your business easier to sell. Processes and systems When selling...
Using a Letter of Intent When Buying a Business
If you are thinking about buying a business, it is important to consider the steps involved in the sale process. One of the most important parts of this process comes after a buyer and seller have agreed to the basic terms of a business sale. The next step in the sale...
5 Benefits of Hiring a Business Broker to Sell Your Business
If you are thinking about selling your business, you may be considering whether or not to engage the services of a business broker. By hiring a business broker, you will be more likely to sell your business confidentially, at a higher price, and to better qualified...
6 Things to Look for When Buying a Business
If you are thinking about buying a business, make sure to examine these key areas to determine if the business is right for you: 1. Why do customers choose this business? If you are buying a business with an established customer base, it is important to consider the...
Growth by Acquisition During an Economic Downturn
The COVID-19 pandemic has led to major uncertainty among business owners. During times of economic uncertainty, such as the 2008 Global Financial Crisis, companies that have been involved in more acquisitions were more likely to generate higher returns for their...