Building a successful business is an incredible accomplishment. It takes years for most aspiring business owners to get to that point, and many never make it. Now that you’ve accomplished that amazing goal, there may eventually come a time to start considering how to make an equally successful exit. Making a successful exit when selling […]
Making a Successful Exit When Selling Your Business Read More »
Running a business can be challenging, to say the least. According to the United States Small Business Administration or SBA, roughly one in twelve small businesses close during a given year. While these numbers may be a bit disheartening, potential sellers can achieve success if they follow the right steps. Below, we’ll list a few
What Do All Profitable Businesses Have in Common? Read More »
Business owners who are planning to sell have a lot of important decisions to make. Whether to offer seller financing should be close to the top of the list. Over half of small business purchases involve some degree of seller financing, but some business owners are still hesitant to embrace the trend. If you fall
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Research indicates the number of entrepreneurs hoping to sell their businesses is on the rise. There are good reasons for that. Reports from the financial sector show that business values are increasing significantly despite challenges brought on by the pandemic and rising interest rates. At the same time, small businesses are facing growing uncertainties during
Three Red Flags Sellers Should Look For In a Buyer Read More »
As an entrepreneur, you’ve most likely put a great deal of time, thought, and hard work into your business. Hopefully, all of that has paid off in profits, brand recognition, and other important elements. Still, the time comes when every business owner is ready to pass along the fruits of his or her labor to
How to Get Buyers Interested When Selling Your Business Read More »
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
Business Challenges in Austin TX and How to Fix Them Read More »
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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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,
Selling an Essential Business During the Covid-19 Pandemic Read More »
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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