Sell Your Business

Business Challenges in Austin TX and How to Fix Them

Business Challenges in Austin TX and How to Fix Them

As Austin’s workforce adapts to economic challenges brought about by the pandemic, many of the city’s business leaders are also recuperating—while planning for growth and accommodating hybrid work models. While the economy recovers and businesses move more operations online, business owners and potential buyers should be aware of these trends and their effects on growth …

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Five Steps to Sell Your Business in Washington DC

Five Steps to Sell Your Business in Washington DC

Selling a business is often a challenge, which means owners who don’t prepare in advance are likely to be at a disadvantage when marketing a business. To avoid problems, the majority of experts recommend sellers take time to learn about these five steps to sell your business in Washington DC. 1.) Always Plan Ahead While …

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The Importance of the Owner’s Cash Flow When Buying or Selling a Business

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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Selling an Essential Business During the Covid-19 Pandemic

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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Are There Tax Implications for Selling a Business?

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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What Documents And Info Are Needed To Sell A Business?

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 …

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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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