3 mistakes that prevent businesses from selling
Even the best businesses can struggle when it comes time to sell. There are three common mistakes many business owners make that can prevent their business from selling. Understanding and avoiding these mistakes will help make your business for sale...
Why every business for sale needs a business broker
Business owners have skills and experience in various facets of running a business. As the experts in their business, many think they can handle everything involved in selling the business. To put it simply, they can’t. Hands down, the best thing an...
Flexible payment plans help close the deal
Each year, different trends and circumstances influence business for sale transactions. For example, in some years it is supply and demand. It might be new technologies or the overall health of the economy. Since the onset of COVID-19, one trend that...
Understanding goodwill and how it affects your business
Goodwill is one factor that contributes to the overall value of your business. It is considered an intangible asset which means you can’t touch it, like a product or piece of equipment. Even though it is intangible, goodwill impacts the selling price of a...
How one owner grew and sold her business during the pandemic
One of the first things I always tell business owners who are getting ready to sell is that the process typically takes more than 6 months. What I never had to talk about before March 2020 was the impact a global pandemic will have when selling a business....