Congratulations! The buyer and seller have agreed to an agreed upon sales price of the business and proposed deal strategy. Now we are in the due diligence stage, where the buyer is spending their time analyzing information about the potential purchase of the business, and validating their decision to move forward with the acquistion. It is no secret that many deals fall through in due dili
With most small businesses, the owner of the business, is for all intensive purposes the operator of the business as well. While this scenario is totally understandable, when the time comes to a sale of the business potential buyers worry that the owner "is the business", and once they exit the business won't be the same. How do you as the business owner safeguard this buyer concern? &
How much is my business worth? What is the valuation method for determining the value of my business? These are all questions that any business owner is going to think about when contemplating a sale of their business. In order to sell a business effectively, it is imporant to have accurate and up to date financial statements- corporate tax return, P&L statement, balance sheet,
Thanksgiving is one week away, and before you know it so will be the holidays, and into 2024! Wow, time goes fast! The end of the year is a time that many business owners start contemplating a potential sale of their business as most businessed are on a calendar fiscal December 31, year end. On average it takes 9-12 months to sell a business. While there are many important components
