What is the required capital investment? What is the annual net increase in sales? What is in inventory? What is the debt? What is
Once the decision to sell has been made, the business owner should be aware of the variety of possible business buyers. Just as small
41% joined the family business 36% wanted more control over their future 27% tired of working for someone else 5% were downsized or laid
Statistics reveal that out of about 15 would-be business buyers, only one will actually buy a business. It is important that potential sellers be
Surveys have shown that a seller who asks for all cash, receives on average only 70 percent of his or her asking price, while
When a buyer is sufficiently interested in your business, he or she will, or should, submit an offer in writing. This offer or proposal
A buyer will want up-to-date financial information. If you use accountants, you can work with them on making current information available. If you are
Business brokers are the professionals who will facilitate the successful sale of your business. It is important that you understand just what a professional
It generally takes, on average, between five to eight months to sell most businesses. Keep in mind that an average is just that. Some
It may be advisable to have an attorney review the legal documents. It is important, however, that the attorney you hire is familiar with
A professional business broker can be helpful in many ways. They can provide you with a selection of different and, in many cases, unique
When you find a business, the business broker will be able to answer many of your questions immediately or will research them for you.
