Nashville is home to country music and is the capital of Tennessee. As of 2018, this bustling city, with a hometown feel, has a population of 692,587. While we don’t have official statistics, Nashville has grown a lot since then, as it’s one of the fastest growing cities in the country. With a total of […]
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Washington DC, the Nation’s capital, is a booming metropolis that beckons entrepreneurs to take the leap and join the success being experienced in this district. Buy a business in Washington DC and take advantage of a business that has customers, employees, and a set of systems and processes that are already in place.This area of
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Let’s imagine the time has come to think about selling your company. Unfortunately, the majority of business owners don’t understand the basics, let alone the nuances involved. Maybe this is why less than 20% of privately-owned businesses actually sell? There are numerous steps required to run a process successfully, and ignoring any of them can
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When selling your business, business owners must be careful not to make several common mistakes. Below are 5 mistakes to avoid when selling your business. In most cases, business owners pour their hearts into their businesses, which can make selling difficult. It’s hard to divest of a business that’s been a part of who you
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It seems that every day there is news about a business buying or merging with another one. It makes solid economic sense to take advantage of opportunities that help a business grow or strengthen the position of two businesses that merge. However, not all mergers or acquisitions can, or should, be completed. That’s why it’s
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Selling a business is complicated. While everyone involved has some level of distaste for the due diligence process, there is a reason it exists. Buyers must be confident that they are getting what they paid for, while the Sellers wants the Buyer to be content with their purchase, as to avoid any post-closing misunderstandings or
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When it’s time to sell a business, or if you’re looking into buying one, the Owner’s cash flow is often one of the most important parts of due diligence. Owner’s cash flow, often known as Seller’s Discretionary Earnings (SDE) for smaller businesses and adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, & Amortization) for larger, mid-market
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With the pandemic, many business owners are wondering if it might be time to sell. For many, however, selling their business right now might not be a good idea since revenue is down significantly. Owners of an essential business, however, are more in luck. Now might be the perfect time to sell your business, provided,
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Let’s say you’ve decided to sell your business and retire or take the chance on a new business. When it’s time to sell, you need to find the right buyer and get a good price and terms for your business. To have a chance of doing that, it’s imperative you find a good business broker
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There are tax implications for selling a business. However, the way the deal is structured could have a big impact. There are a lot of decisions to make that can have an impact on the taxes of the sale, though there are restrictions on these decisions by the IRS. The preferences of the buyer or
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