When a buyer is interested in your small business, they will want to engage in a thorough examination often referred to as the due diligence process. Whether you plan to find a buyer for your small business or plan to sell to a business partner, employee or a family member, the due diligence process is a crucial step. If you need a refresher on just what due diligence means, just click here.
Learn your options, essential terms and more!
As concerns about inflation rise, many small business owners thinking about selling their small business have concerns. Learn how inflation may impact the price and ability to sell your small business
In a perfect world, a buyer interested in a small business would have the cash needed to pay 100%...
If a purchaser of a small business does not have all of the capital to purchase the business, the seller may offer seller financing/owner financing.
If you own and manage a business with a valuation under $2,000,000, and you’re seeking help from a business broker to market and sell your business, there is a strong chance that you may not get the help you need.
If your business structure is a corporation, then you filed for Articles of Incorporation through the Secretary of State’s office when you started the business.
When selling a business, the purchase price is determined by the separate values of the various assets and liabilities acquired from the transaction. What does this mean? In a nutshell, this means that when you negotiate a sale price for a business, you and the buyer must agree as to what portion of the purchase price applies to each individual asset, and to intangible assets such as goodwill.
When you decide to close your business, whether the decision is based on plans for retirement or economic factors, taking a deliberate, methodical approach to dissolve a business is very important.
When selling your business, you need the financials to be ready. When it comes to the business financials, you’ll want to make sure that all the t’s are crossed and all the i’s are dotted.
Selling your business could be quite stressful if you are trying to do it yourself.
Articles of Dissolution, what is it, and why is it important? Exiting a business, especially if...