Most business owners wait until they are forced to monetarily value their business – the need to sell or raise capital; a shareholder demands a full payout; or the company is passing hands within the family. But there are benefits to obtaining valuation prior to a sudden need: Sudden death of a partner, death of...
Among the many services offered to sellers by Sunbelt Business Brokers-Midwest are Business Pricing Reports to be used in a private third-party sale. These sales typically do not make use of a broker to facilitate finding a buyer, since the business owner has someone in mind – either a non-related buyer, partnership dissolution, or an...
BizBuySell.com says second quarter 2016 Insight Report shows the small business sales market stabilizing at high activity levels; median time a business is on the market is about six months. A total of 1,935 business sales closed during the second quarter of 2016, bringing the year-to-date total to 3.775, slightly higher than the 3,743 sales...
Upsize Minnesota and Club Entrepreneur, along with Sunbelt Business Brokers, DS&B, Tech Guru, and Highland Bank will present a seminar for business sellers and buyers on due diligence and valuations. The event will be held at The Minneapolis Club at 11 a.m. on August 31, 2016. Attendance at this workshop will improve your chances for...
Selling a business is an obstacle course of preparing your business for sale, finding a buyer, negotiating and making it through the closing without a hitch. But you can make selling your business easier if you avoid more deal killer mistakes. 1. Not being up front about problems with the business Most buyers will do their...
Selling a business is an obstacle course of preparing your business for sale, finding a buyer, negotiating and making it through the closing without a hitch. But you can make selling your business easier if you avoid these deal killers. Setting your asking price to high. Buyers will put your asking price through the grinder to...
Even the savviest business person may not be experienced or comfortable with buying a business on their own. That’s why it is important to make use of Sunbelt Business Brokers to help facilitate the process.Sunbelt Business Services will coach you through the process of buying. Sunbelt will help prepare you and your finances to purchase...
Business brokers have access to a database of potential buyers and/or investors. Business brokers know how to sell a business, unfortunately, most sellers do not. Business brokers run and pay for the business sale advertising. Business brokers provide assistance through the escrow closing. Business brokers can help determine the best selling price. Business brokers explain...
When developing an exit plan, explore the “What Ifs” Since we can’t predict the future, it is important for the business owner to adopt a “what if” mentality when thinking of exit plans. It is very simple logic. To follow it ask “What if” or “What should I do if ” and then name or...
