Preparing to sell your business can be an emotional rollercoaster ride, and the last thing you may consider during this time is selling your business to a competitor.
Resources
Learn your options, essential terms and more!
Seller’s Discretionary Earnings
Seller’s Discretionary Earnings is also referred to as Seller’s Discretionary Cash Flow, Adjusted Cash Flow, Owner Benefit, Recast Earnings, or Normalized Earnings.
Definitions Page
Exiting a small business will likely include preparing financial statements for potential buyers as well as obtaining a business or net asset valuation (ExitGuide Pro includes a valuation). If you need a refresher on some of the terminologies or you do not “speak finance” ExitGuide has summarized many key terms below in what we hope is a clear and practical explanation.
What Is An ‘Add Back’ And Why Is It Important To My Business Valuation?
One of the first things that a prospective buyer will look at is the financial statements for your...
How To Manage The Stress And Disappointment From Closing Your Small Business
Data also suggests that many businesses close due to personal reasons such as illness/injury, age, or selling the business.