At Sunbelt Business Brokers, we take our time in completing a full valuation of the business, talking to the business owner and understanding the business finances before we suggest a price for the business for sale. Unfortunately for many business owners in Duluth, MN that are not using Sunbelt Business Brokers or are trying to...
Being a successful business owner, entrepreneur or business manager does not make you an expert at selling a business. If you have thought to yourself, “I need help to sell my business,” you are not alone. In fact, most business owners that come to us and say, “I can’t sell my business on my own,”...
Business owners often procrastinate about the decision to sell their business in Rochester, MN. For some owners, making the choice to sell a business is a difficult one, often one that may take months or even years to make. However, there are some things to keep in mind when it is time to sell a...
One of the most important roles that our team plays at Sunbelt Business Brokers is to support our clients. This means that when you decide to sell a business, your Sunbelt broker is there to work with you prior to the sale, during the sale and for any assistance you need as a result of...
Selling your business is a difficult thing to do. This business, whether retail, manufacturing, or service has been your baby for many years. You’ve seen it through good and bad times, made friends because of it, and have lived a comfortable life while working for yourself. But there comes a time when selling that business...
There are three primary considerations when approaching such a transaction: how to maximize the seller’s economics, how to time the market and how to make the business financially attractive to buyers willing and able to pay the most. This paper by Dan Mulvaney, CPA (inactive), MBA, Sunbelt Business Advisors tells you how a manufacturing business...
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...
Starting and running a business can be challenging. But most start-up business owners don’t even consider an exit plan. 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 mindset, entrepreneurs often figure...
Business owners are surrounded by potential buyers. Family members, employees and competitors interact with business owners daily. So it is no surprise that a family member who works in the business, a loyal employee or even a respected competitor are at the top of the list when a business owner thinks about selling. But how...
