If you are thinking about buying a business, it is likely that you have heard the term “Goodwill” used often, but may be wondering what exactly it is and how it will impact your business purchase. When buying a business, you typically pay a set amount for the entire...
As a business owner, it is important to prepare well in advance for your exit from the business. One of the most important decisions you will make during the exit planning process is how you will exit your business. No matter which way you choose to exit the business,...
When selling your business, the due diligence stage allows a potential buyer and their advisors to thoroughly analyze your business. At this point in the sale process, the buyer will likely request a range of documents and information relating to areas such as the...
When buying a business, one of the most important factors to consider is how you will finance the acquisition. Often, business acquisitions are financed through multiple sources, such as a cash down payment, debt, and vendor financing. When evaluating a transaction,...
Your objectives for your business, your family, and for other key stakeholders needs to be defined, evaluated, and assessed. Start by working to determine your company’s situation and your goals. This review will assist you in determining the most logical path for...
When considering the purchase of a business, a potential buyer will examine the historical earnings, as well as the future growth prospects for the business. As a business owner selling a business, you are more likely to receive a better price for your business if you...