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.
When was the last time you clicked on an advertisement while visiting one of your favorite...
One of the first things that a prospective buyer will look at is the financial statements for your...
When selling your business, there are many strategies you can use to increase the valuation of...
When you exit your business may be based on a target date you set years ago based on careful...
Consulting with an exit coach to plan for your business exit is one of the best investments you can make. By sitting down with your exit coach, you can plan your exit and avoid common issues sellers have when selling their first business. Although meeting with a coach is great, you can maximize the meeting by asking the right questions that can net you more profit for the sale of your business.
Before exiting your business, it’s essential to take the time to create an exit plan that outlines...
Many small businesses today are focused on growing their revenue. While this is the lifeblood of...
