sell a small business Archives

3 Reasons To Sell Your Small Business To An Employee

Selling your small business to an employee can deliver a fair price and help ensure the legacy of your business continues.

The Most Important Items To Include In A Promissory Note

Finance, Planning

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.

Why Small Business Owners May Choose “for sale by owner” When Exiting Their Business

Finance, Planning

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.

Why You Need To Think About Digital Marketing Before Selling Your Business

Planning

Digitalization is rapidly taking over society and an online presence is a must for any business. As a small business owner, you are always looking for ways to reach more customers and grow your revenue.

Comparables

Definitions, Selling a Business

Ideally, as an owner, you want to ensure your business is not undervalued when the time comes to exit the business while a buyer doesn’t want to pay an inflated price. To achieve this, comparables are an excellent way to estimate the fair market value of your business.

4 Tips To Handle Emotions When Letting Go Of Your Small Business

Personal

One of the best things about having a small business is how much of your identity and passion you can pour into it. You’ve put your heart and soul into every step or decision and invested a significant amount of time, money, and effort.