Neglecting the day-to-day running of their business with the reasoning that it will sell tomorrow. Starting off with too high a price with the
Selling one’s business can be a traumatic and emotional event. In fact, “seller’s remorse” is one of the major reasons that deals don’t close.
Buyers buy a business for many of the same reasons that sellers sell businesses. It is important that the buyer is as serious as
The following is some basic information for anyone considering purchasing a business. Is may also be of interest to anyone thinking of selling their
The Letter of Intent has been signed by both buyer and seller and everything seems to be moving along just fine. It would seem
According to the experts, a business owner should lay the groundwork for selling at about the same time as he or she first opens
It’s always nice, when eating at a nice restaurant, for the owner to come up and ask how everything was. That personal contact goes
In order to sell one’s business using the services of a business broker, a listing agreement is almost always required. For the owner of
Buyers, as part of their due diligence, usually employ accountants to check the numbers and attorneys to both look at legal issues and draft
Once a buyer has negotiated a deal and secured the necessary financing, he or she is ready for the due diligence phase of the
Know what your business is worth. Don’t even think about selling until you know what your business should sell for. Are you prepared to
In many cases, the sale of a small company is “event” driven. That is, the reason for sale is often an event such as
