Setting Your Asking Price too High Neglecting to Get Your Business in Saleable Shape Lacking a Transition Plan Having a Short or Non-Transferable Lease Omsostomg pm am All-Cash Sale Covering Up Problems Stretching the Truth Taking Your Sweet Time When Communicating with Buyers Waiting too long to Qualify the Buyer Refusing to Negotiate ** from...
(posted on www.sunbelt-business-advisors.com) November 09, 2012 at 11:57 AM This question from a business owner at Sunbelt’s How to Sell Your Business at the Right Time for the Right Price lunch seminar November 7: “How do you place a value on my brand?” Great question and one we are very happy to hear because it...
Here is Chart showing some of the advantages that we have over our competitors, advantages that you gain when choosing to work with Sunbelt. Sunbelt Business Advisors We are an elite division of Sunbelt , the largest organization of business brokers and M & A professionals in the world. With our four offices in Minneapolis,...
Buying a Business? Avoid These 5 Major Mistakes The one common denominator that most millionaires have is that they own their own business. Here is a quick summary of items to check so that you have a better chance of becoming a millionaire – avoid these 5 major mistakes when buying a business. 1) Due Diligence, Due...
The article linked below here asks a good question. It’s interesting to think about what affects business sales have on the economy and vice versa. Below are a couple of quotes from the article discussing this question. What are your thoughts about business sales related to the economy? “A healthy market for business succession means...
EXIT PLANS: HAVING ONE IS IMPORTANT By: Bart A. Basi and Marcus S. Renwick INTRODUCTION Starting and running a business can be challenging. Most business owners are intent on getting the day-to-day and year-to-year tasks done. For them making money in business means ultimately showing positive cash flow and a bottom line profit. With this...
Brokering the Sale of a Small Business Richard Jahnke, Sunbelt Business Brokers and Marissa J. Ulstad, Fafinski Mark & Johnson, P.A. Written for the Minnesota Shopping Center Association – August 2012 Newsletter Small businesses drive the American economy. Of the estimated 27 million business in the United States, 99% fall under the U.S. Small Business Administration’s...
Since the start of 2012 Sunbelt Business Advisors has completed over 50 small business sales in various industries such as retail, manufacturing, distribution, service, automotive, health and franchise sales. A recently sold service business sold in 66 days from listing to close. Another business for sale in the automotive industry sold in just 52 days....
We’ve been discussing value building quite a bit as do most business related sites, the news, etc. etc. One topic that business brokers know from experience aside from value drivers are the steps that business owners take to put more cash in their pockets that could hurt their pocket books at the time of sale. Documenting...
