Increasing the Valuation of Your Business Without Creating More Earnings

No matter the economic environment, it’s important for business owners to monitor their companies’ value up to three years before selling their business. Though most assume that business valuation is focused only on earnings, revenues, and discount rates, it’s far more qualitative than it seems. While a valuation is a prediction of a company’s future […]

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Loans to Buy an Existing Business? Yes, You Can!

Let’s begin with a quick question: Sam wants to start his own business from scratch, while Mary wants to acquire an existing business – but both need to secure financing in order to do so. Which one will have an easier time securing their loan?   While no guarantees can be made, it is probably

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Want to Own Your Own Business? An Insider Technique That Reduces Risk, Saves You Time and Effort

Are you tired of working for someone else? Ready to take the plunge and become a business owner? You aren’t alone. According to the Chamber of Commerce website, for the period of 2009-2016, around 400,000 small businesses are started each year.   However, as we all know, the road to success in business is littered

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Preparing for a Business Valuation in Five Simple Steps

Whether you’re getting ready to retire or planning to add a partner, conducting a business valuation is always momentous. A careful, comprehensive business valuation can help you, a buyer, or another party make any of a wide range of important, informed decisions. Most business valuations proceed smoothly, and this is particularly true of those where

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Common Issues When Selling Your Business

Successfully selling a business is rarely easy, and far too many business owners fail to realize how difficult the selling process can be. In many instances, business owners become frustrated and make decisions that undermine their efforts. That’s why CGK Business Sales takes the time to work closely with every client and explains all the

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Business Brokers Have Better Closing Rates

A dedicated business broker can dramatically improve closing rates on businesses for sale. But why? Here are five reasons business brokers can make a huge difference. #1 – They Know Buyers When you’re selling your business, obviously you want to reach as many potential buyers as possible. Business brokers simply know more buyers than you

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Employees are a Key Factor When Selling Your Business

No business can truly succeed without quality employees. No matter what industry you’re in, you need employees that are capable and caring. And of course, the opposite can happen as well. We’ve all heard horror stories of businesses broken by a handful of key employees who either don’t care or are actively working against your

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What is Your Business Worth Without You?

Many business owners want to know what their business is worth, but business buyers want to know what it’s worth after the original seller is out of the picture. You see, buyers determine value not by how well your business is run, but by how well it’s run without you. After all, once the sale

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