Since 2020 small business owners have been on a wild ride caused by labor shortages, Covid surges, and supply chain issues. Many companies were hard hit, some were only mildly affected, and others prospered. These events have created new trends in the business world, prompting many owners to choose this time to sell. Professional guidance …
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 »
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 »
Over the past couple of years, the pandemic created havoc in businesses around the country. Some businesses closed while others found it difficult to retain employees or acquire new inventory. However, conditions are improving in many parts of the county, with one city standing out as a place where recovery is far ahead of the …
Austin Economy- Why Now is the Best Time to Sell 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 …
Five Steps to Sell Your Business in Washington DC 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 …
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 »
Many business owners want to know what their business is worth, but business buyers want to know what it’s worth after the original seller is out of the picture. You see, buyers determine value not by how well your business is run, but by how well it’s run without you. After all, once the sale …
Forbes reported recently that nearly half of all business sales deals fall apart during the due diligence phase. One of the most common reasons is the buyer uncovering issues that the sellers neglected to disclose. Ouch. When it comes to selling a business, honesty really is the best policy. It’s Not Easy to Be Transparent …
