selling 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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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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What is Your Business Worth Without You?

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 …

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Selling a Business? Honesty is the Best Policy

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 …

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The First 4 Questions to Ask a Business Broker

Selling your business is one of the most important transactions you’ll ever make in your career. And buying a business is similarly complicated and potentially confusing. It’s no wonder then that you’ll hear time and time again that the best way to navigate the sale or purchase of business is by enlisting the assistance of …

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3 Questions for Business Owners After COVID-19

Business owners around the country and the world are taking a hard look at the future plans of their businesses after COVID-19. As the pandemic seems to recede, many see the need to take stock of what they have, especially regarding ownership. We’ve seen three questions come up again and again. What is an essential …

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Business Sales Negotiations: Counter Offers & Compromises

Negotiating is one of the most difficult aspects of any business sale. If not done correctly, the buyer can end up either paying too much for the business, or the seller can receive less than they hoped for. Sales negotiations are delicate and challenging, but with expert help a win-win solution can usually be found. …

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