While we hear a lot about starting a business, it is not every day that we hear about leaving a business. There are many reasons why people consider exiting a business; no matter the reason, it is always good to ensure that you meet your business goals and get a fair return on the sale. There are several exit strategies a business owner can choose from when they have decided the time has come to e
How Does Transworld Business Advisors Value Your Business?
How does Transworld Business Advisors value your business? Valuation is the number one question of all of our sellers when contemplating a sale. Unfortunately, there is not an easy answer, because business valuation is an art, not a science. However here are four criteria we use to help you understand what can determine value. 1. Fair market value - The price at which the property would change h
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Get the Best Price When Buying a Business
How to Get the Best Price When Buying a Business You have found the business of your dreams and you want to buy it but aren't sure where to start? Talk with a business broker and consider these 5 tips! 1. Determine Your Must Have's and Budget Before you begin the process you want to clearly know where you stand. This will avoid confusion in the future. 2. Do Your Research Each property or bu