The experience of buying or selling your business can be a dream or it can be a nightmare. In such a large transaction, it’s important that you know some things in advance. In fact, you need to know a lot in advance. The process of sharing information transparently between buyer and seller is known […]
Disclosure is an Important Part of Selling Your Business Read More »
Most people know the importance of staging a home before showing it, or getting a car washed before it’s sold, but few business owners do anything to increase their companies’ marketability. Some refuse to put any more effort, money, or time into the business, and they just want to move on. However, the competitive
What Makes a Business Attractive to Buyers? Read More »
For business sellers, maintaining confidentiality is a crucial part of the sale process. If creditors, competitors, customers, or employees find out that there’s an impending sale, it could adversely affect the business’ momentum and its value. Working with an experienced, qualified M&A advisor who knows how to navigate a sale while maintaining strict confidentiality
Keeping Your Business Sale Confidential Read More »
Selling a business is a complex endeavor that usually requires the assistance of bankers, accountants, attorneys, and mergers and acquisition advisors. Whether the owner profits depends on the sale’s timing, the strength and structure of the business, and the reason for the sale. Reviewing these considerations can help a business seller develop a solid plan
Factors Determining Your Business Sale Profit Read More »
Mergers and acquisitions (M&A) experts report the most important step in marketing any business is properly valuing that business before taking any other steps. To determine a business’s value, several aspects of the business must be considered. Financial Statements Must Be in Order No prospective investor will consider purchasing a business without having an
Selling a Business Starts with an Appropriate Valuation Read More »
All too often, business owners wait to form an exit strategy until they’re ready to sell. However, insufficient advanced planning can cause the owner to receive a diminished valuation at the time of the sale. Below are several best practices CGK recommends to those looking to cash out: Ensure That Crucial Employees are Fully
Creating an Exit Strategy Read More »
Thinking about selling your company? While some sales may go off without a hitch, others flounder due to errors made by inexperienced brokers or owners who are not prepared to sell. In this blog, we’ll explore key pitfalls to avoid as you prepare your company for sale. Premature Celebration The sale isn’t over until
How to Avoid Mistakes When Selling Your Business Read More »
While the late, great Vince Lombardi famously said “Quitters never win and winners never quit”, that’s not always true in the business world. Rather, a winner knows when it’s the right time to get out. Many business owners delay decisions and hang on too long, but this mistake is entirely avoidable. Below are several
Determining When It’s Time to Sell Read More »
Business owners often put years of hard work and dedication into their companies, and they may not know what to do after they’re done building. If a sale is in the cards, the owner should know that preparation is a long-term effort. If you’re ready to sell, consider the tips below: Get Things in
Preparing to Sell a Business Read More »
Although buyers for businesses are not in short supply, matching a buyer with an existing business isn’t always as simple as it might sound. That’s why mergers and acquisitions experts suggest anyone contemplating selling a business work with a local business broker for best results. We are currently in the longest bull market in
Getting Help When Selling Your Business Read More »
