As a business owner, you’re focused on running, growing, and expanding your business. But have you started considering what it means to sell your business in the future? Your sale date may be 2 or 20 years away, but this is information you need to know now. Start Early Preparing to sell your small business takes time, and if you want to be fully prepared, a lot of it! After all, se
As the experts in buying and selling businesses, business brokers need to be masterful at answering questions that business owners have. One of the most common questions we hear from business owners is “how much is my business worth?”This question, understandably, comes with a wide range of factors. Even businesses that are seemingly similar, can vary depending on their size, location,
Not thinking about your exit strategy just yet? You should be! While your business keeps growing and thriving, you need to keep your end goals in mind. The goal of most business owners is to eventually sell. A successful exit takes years to prepare, and f you want the right price for your someday sale, you’re going to have to start sooner rather than later. Preparing your exit strategy befo
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You might not be able to imagine it yet but running multiple businesses at the same time isn’t as hard as you might think. In fact, knowing when the right time to sell your current business or finance a new business venture can be more difficult than running them! There is a lot of advice out there about when to buy or sell your business. But what if you own multiple businesses? Sho
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Every business owner knows that maintaining a successful business is no easy endeavor. Business owners also know that the feelings of accomplishment and pride that come with owning and running your own business are unparalleled. With an entrepreneurial spirit making its way through the globe since the Covid-19 Pandemic, self employment has reached an all-time high as people continue to crave auton
Regardless of whether a business is onsite, remote, or a combination of the two - with a 90% failure rate for startups, it’s easy to understand why people are hesitant to start their own business. Even with a shockingly high failure rate, entrepreneurship is alive and well in Indiana and other parts of the nation. When considering the type of business you want to start, recognize the benefit
Read More “The Location of Your Business Contributes to Its Success”
Does selling your company mean selling the real estate too? In today’s market, you have many options to consider when deciding on whether to sell your commercial real estate property. Find out how you can leverage these two different assets. Consider Your Options Earning potential is the number one reason to lease real estate. The annual return on business properties ranges f
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After 2 years of pandemic uncertainty, markets are settling down. BY BOB HOUSE, PRESIDENT, BIZBUYSELL @BIZBUYSELL for inc. Magazine For small business owners, the past two years have been a rollercoaster ride of Covid variant surges, labor shortages, and supply chain disruptions. While many suffered hardship, others only experienced mild disruptions, and some have even benefited. Whether you're
Read More “3 Reasons Why 2022 Might Be the Year to Sell Your Business: From Inc. Magazine”
The Sale of a Business Requires Confidentiality, Experience & Financial Acumen One of the many reasons to use a business broker and advisor is that the sale of a business requires confidentiality. It is important that the business remain at peak performance during the selling process. There are times when announcing that a business is for sale will affect sales, operations, employee turnover and
Transworld Business Advisors of Indiana Can Help You Evaluate Your Middle Market Transaction The Transworld Business Advisors of Indiana team will work to evaluate the best approach for those companies with earnings before interest, taxes, depreciation, and amortization (EBITDA) of more than $1 million. Sometimes called M&A or Middle Market Transactions. Other business features that would
The Decision to Sell Has Been Made... Now What? After much consideration and weighing the pros and cons, the decision has been made to sell your business. What’s the next step? First and foremost, shop for a business broker who is reliable, trusted, and experienced in these transactions. Often business owners choose the wrong type of company to represent their business when the decision has
Blog Courtesy of Boss Magazine Editorial It’s no surprise that the COVID-19 pandemic has directly affected business in many ways. It was challenging for small- and medium-sized business owners to manage their daily operations while still complying with the federal and state mandates regarding the deadly virus. It’s important to note that more people are getting vaccinated, but the ri
Secrets to Growing Your Business Every business is different, and while there is no surefire formula for instant success, there are some tips that can boost growth and expand any business. New business owners have long lists of goals when they first start out, most of the time including rapid growth and recognition for their new venture. Overnight success isn’t often the standard t
Seven Steps to Selling Your Business Interested in selling your business? Follow these steps for a seamless process. When a small business goes up for sale, it’s not just buyers who are investigating. Smart sellers will come to the table with a clear understanding of their business’ competitive position in the market, a realistic asking price, and knowledge of a potential buy
