Selling a Business

3 Tips to Prepare for Selling your Business

Wednesday, 08 June 2016 Andy Anderson

You've decided to sell your business. Why? That's one of the first questions a potential buyer will ask you. You must have a definitive answer for the buyers. However what about your questions, about sell your business.

Entrepreneurs may be relentless in their pursuit of the American dream, but at some point in life it may be time to move onto another venture.  Whether you own a small service-oriented business or a multi-location retail operation, putting your business up for sale can be a very stressful time.

Why you should sell your business instead of closing it

Wednesday, 20 January 2016 Andy Anderson

There is no set way to know when it's the right time to close or sell your business. however, there are some factors to consider when making the decision.

Sometimes small business owners think that the only real option for them is to close down a business rather than sell it. For some small businesses where the owner is looking to wind down, this may be the only real option. For other smaller ventures it may be more prudent to try to find a buyer. An important fact is, “when you close a business you most likely will not get full value for the business assets.”

business broker 4When the time comes to sell your business, you have two options. One is to sell it yourself through your own network of contacts or targeted advertising; the other is to hire a business broker. While it's entirely possible to sell your business without any outside help, hiring a broker will be worthwhile if your time is at a premium. Busy entrepreneurs often find they have little time to deal with all the inquiries, requests and negotiations, and they may have a harder time differentiating between a serious prospect and a time-waster.

selling businessWhen it is time to sell your home, everyone is happy to dispense advice on how to sell it faster. People will gladly give you the name of their favorite contractor, make landscaping suggestions and help you find the right realtor. But when it comes time to sell your business, entrepreneurs often do very little to make it more appealing. In many cases, they are simply too busy to put the time and energy into marketing. Some business owners would rather make a sales pitch to potential buyers and hope for the best, but there are plenty of proven tactics that will help it sell faster.

What Needs To Be Done Before You Sell Your Business?

Tuesday, 19 March 2013 Andy Anderson

selling a businessOne of the most stressful times in an entrepreneur's life is when they prepare to sell their business. Whether the reasons are family-related, financially motivated or just retirement, there is always a certain amount of fear about the unknown. If you are considering a business listing in a "for sale by owner" directory, or placing an ad in an industry publication, you might want to do some homework first.

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Click to contact us for help buying or selling a business.  Since 1980 we have been in the "business of business." We are a professional company specializing in bringing Business Buyers and Sellers together. Being one of the Nations leading firms in our industry, we are best equipped to help you because of our background and years of experience in working with business buyers Nationwide and businesses of all sizes and types. Your business purchase or sale information will be handled by experts and conducted in a confidential manner.

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