The preparation for selling a business can be complicated. There is paperwork that needs to be organized before the business can be presented to buyers, along with more information that is needed as a sale progresses. All of this information is needed by potential buyers so they can determine if they are interested in the […]
What Documents And Info Are Needed To Sell A Business? Read More »
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
Increasing the Valuation of Your Business Without Creating More Earnings Read More »
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
Loans to Buy an Existing Business? Yes, You Can! Read More »
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
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
Preparing for a Business Valuation in Five Simple Steps Read More »
The vast majority of business owners work for years to build their organization, but they will need to sell that business eventually. When that time arrives, most owners look for ways to guarantee the highest net when finalizing the sale. One way to cut selling costs is to market the business without the help of
Can You Sell Your Business Without a Business Broker? Read More »
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
Common Issues When Selling Your Business Read More »
It can be difficult letting go of a business you have spent years growing. Some owners hold on to their business way too long and end up suffering financial setbacks. Knowing when it is time to let go is not always easy. Knowing when to sell your company is a huge decision, it is important
When to Know Whether It Is Time to Sell Your Company Read More »
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
Business Brokers Have Better Closing Rates Read More »
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
Employees are a Key Factor When Selling Your Business Read More »
