Articles and Guidance on Business Sale
This is our collection of expert articles, guides, and case studies that are segmented by ExitAdviser's tried and tested 4-step selling process.
Top 5 Guides on Selling a Business
- Business Valuation Methods With Examples
- Tax Considerations When Selling a Business
- How to Transfer Your Business to a Family Member
- How to Value a Business: A Step-by-Step Guide
- Capital Gains Tax Considerations When Selling a Business
Checking the Status
Transferring your business to a family member like your son or daughter requires estate planning and tax considerations. Read about selling the business to a family member or giving it to them as a gift.
Selling a restaurant or a café may be a bit complicated than selling a business in general. As the owner, you have to go through a time consuming process to come up with a good exit plan.
A sole proprietorship is a business without a separate legal entity. Find out how to sell such a business and what you must know prior to transfer the ownership. Addressed are due diligence and tax implications.
This is about how to sell a business by owner. Topics addressed: hiring a broker vs going by DIY route, business valuation, legal questions and documents needed, tax implications, and much more.
Learn how to sell a business to key employees or managers by implementing ESOP (Employee Stock Ownership Plan) or MBO (Management Buyout).
Selling a franchise business can be easy for finding buyers but tricky when it comes to the terms and conditions set forth by the franchisor. Franchisees must learn the rules, restrictions, and obligations of reselling their franchise to a new buyer.
Exit strategy is something that every entrepreneur looks for at some stage of their life. If you are a business owner, you need to figure out the right way to leave your company and hand over the keys.
Should you sell your company? Read about common reasons why small business owners are selling their company. As it turns out, their choices are made up of 12 different scenarios that a business owner might find themselves in.
This article guides you through the process of communicating your decision to sell your business - externally and internally. Use the letter template provided to communicate your message to employees, partners, suppliers, and other key stakeholders.
Selling your business to a competitor can mean saving time and money from trying to find a third-party buyer. Competitors are already familiar with the industry of your business and they know how to manage it properly. Owners just need to be wary of the risks involved by learning how to protect themselves throughout the sale.
You may be wondering how long it typically takes to get a small business sold. Learn about how to speed up the sales process by implementing a series of smart strategies which can motivate the buyer to close the deal faster.
The primary reason businesses are not salable is that business owners fail to plan for the sale. Unrealistic valuation, customer concentration and poor accounting are common obstacles.
The sale of a family-owned business can be tricky. You can sell it on the open market, or to another family member. There are pros/cons to each one of these options. Read about the tips, tricks, and traps when planning the sale.
When selling your company, keep the whole process confidential. Read how should it work with your employees, customers, vendors, competitors, and potential buyers.
Sale of a home-based business is a challenging task for the owner. Read what to consider when your intention is to prepare single-person business for sale.
This is a brief set of instruction and guidance on business exit strategies, principles of valuation, due diligence, and about drafting the buy-sell agreement. Aimed at small business owners selling their company.
Selling an independent pharmacy business is similar to selling any other company, but there are some additional wrinkles associated with this kind of sale.
Selling a company is not an easy decision to make - you'll need to take several critical steps to plan and prepare your business for sale.
What many business owners fail to think about when they entertain the idea of selling their business is what factors may make it harder to sell. Take a look at 12 of these key obstacles of sale.
This is a brief overview about timing your business sale. Let's simplify the question into three areas: your personal needs, your financial needs, and a realistic business valuation.
The perfect asset any buyer would want to own is one where even without the owner everything runs smoothly. Have you prepared your company to run without you? Here are a number of things to think about.
Transferring the ownership of a company to a family member could have far-reaching effects on the family and business lives of the owner. Instead, consider selling it, a perfect solution to avoid such dire turn of events.
We accept unique guest posts that address small business owners in selling their companies. Let us know your background and ideas. Do-follow links allowed. It's free.
It’s not really hard to sell a business to a partner although it can be complicated if not handled right. Allowing a partner to completely own the company is one of the commonest ways of transferring ownership.
Selling your business now might not be the best return on investment strategy, particularly if you know you could give the company a few more profitable years. Here are 12+ reasons why you should not sell your business yet.
You've made a decision to sell your business. However, before preparing your business for sale, think again about your motivation. Why are you selling?
Is your dad looking to sell his business? You may want to offer him your helping hand. After all, anyone who has ever run a company knows just how hard it can be to start selling a family-owned business.
There are special considerations to keep in mind as you pass down your business. From the general communication to understanding exit planning and legal considerations, it’s important to make sure you know what to expect before you pass on your business.
You planned to sell your business and retire, but then the COVID-19 pandemic changed everything? It will take a lot of patience on your side, since the buyer will have to evaluate all risks of buying at this time and see an obvious advantage.
When owners sell their businesses with land and buildings, they usually have issues with whether to leave the real estate and sell the company or sell both separately. Read about the questions that you may need to address.
Thinking of selling your business? Are you ready, and is your business well prepared? Here is a checklist to keep your reasons and motivation to sell well organized.
How do you feel about selling your company? It's obviosly not easy stepping back from a business you've spent your whole life building. Learn how emotions and your personality type play a large role in selling a business.
Thinking about selling your company? Read about 12 factors that can help you ensure your business is salable, valuable and attractive to potential buyers.
If you are looking to retire, one of your priorities might be selling your retail business. Here is a set of tips and hints to consider when selling a retail store.
This is a set of case studies on selling a business. Why did you decide to sell? Did you use a business broker or went by DIY route? Stories shared, and lessons learned.
This is Part 2 of the complete guide on selling a small business by owner.
A how-to guide on valuing and selling an online website or internet business. Read about the factors that will influence the worth of your site. Steps of the overall business-for-sale process addressed.
Without knowing and feeling the intricacies of the market for selling a business, many do not find a buyer, and if they do manage to sell their business, the proceeds are more likely to hurt their ego than to reward them decently.
In the best-case scenario both partners will agree to sell. But if one of partners/owners is not interested in selling their share, then this is obviously a big problem. Read about buy-sell agreements, mediating, and legal courses.
To buy, or not to buy, that is the question many entrepreneurs ask when deciding whether to launch a new business or to take over the existing company; the right solution depends on many factors and variables.
I recently sold my leather handbag business last year (One Fated Knight) to a friend I knew for a few years and this is my story of why I sold the company, my process, and lessons learned from the whole experience.
Investing in employee wellbeing ultimately results in better profits and increased business value. Read how 17 business owners keep their employees happy and motivated.
Miles Gordon: My advice would be to talk with people who have been through the sale process. Whether you use a broker or not, you will be more informed at the end of the conversation than you were at the start.
Thinking about retirement? It is never too late for a founder to lay down the plan and timelines for the transfer of business ownership and to prepare a solid business succession plan.
In this article Arslan Hassan discusses some effective ways of dealing with the emotional fallout, along with other distress factors that you ought to consider prior selling your business.
There are scenarios in which you may want to think about buying an existing driving school business. But just because a business is listed for sale, it doesn’t necessarily mean that it’s struggling.
The question was posed at Bizbuysell Community about how to sell a home-based or single-person business operation. See the answer by Donald M. Barrick, a Business Broker from Maryland.
A small business owner build a company in years. They ought to insure their efforts with all sorts of backup plans. Amongst these plans, a robust exit strategy is of immense importance.
Business owners often misjudge the challenges and obstacles between wanting to sell and achieving exist; many fail to understand the reasons why they might struggle and decide to sell the business at all.
Here's an immediate action plan any small business owner can undertake to survive the Covid-19 crisis. Before thinking about selling-off, consider these 7 measures to commit.
Take a look at 7 case studies about well-known and successfully sold business brands like Instagram, LinkedIn and WhatsApp. Learn from others' mistakes when selling your own company.
This is about the process of selling a small business. ExitAdviser helps you to proceed the process with the 4 main stages: checking the status, preparing for sale, going to market, and closing the deal.
A real-life case-study by Ryan Crow: about mistakes made and lessons learned when selling his business.
Getting a business loan when selling your company might seem counterproductive. However, in many cases, they can help facilitate your exit strategy and ensure you get the best possible deal.
A real-life case-study by Amy Rees Anderson about how she sold her business. Lessons learned, mistakes made, and what next...
For those of you who find themselves struggling with planning the business exit strategies, here are a few highlighted errors that you may wish to consider. Or pay additional attention to.
Generation Z, Gen Z, or centennials is the post-millennial and first genuinely digital generation in human history. Business orientation is one of the main features of Gen Z. If you intend to sell your company to centennials, then read on.
If you are thinking about exiting your business but don't know how to execute the sale during this coronavirus crisis, here is a detailed guide on how to do so.
There are various reasons why someone might invest into a particular business. In many cases, what sets one company apart is its collection of valuable assets.
Do not make the mistake of thinking that selling a small business is a simple process, many owners often settle for lower prices they didn’t intend on agreeing on. Read about how to get the best price for your business.
The events that follow retirement can lead to a surge of emotions for the retiree. Read about how can one make the transition into retirement less painful and distressing.
The purpose of this post is to help you out with picking the most suitable exit strategy for your small business, as per the industry trends 2022.
This is about the 5 typical stages of business lifecycle. As a business owner, which phase are you in? Read on ahead to acquaint yourself with a whole phenomenon and cycle upon which we base our claims.
Here we address 7 practical questions that a company owner ought to ask himself or herself when exiting their business.
In preparing your employees for the upcoming transition, you want to ensure they have the variety of skills that ensure the deal. Some of those skills will relate to all types of business writing.
It’s never easy knowing clearly whether your business is high risk or not, but it could. It might seem like the perfect time to sell it only to realize that it’s a high-risk business. Read about how to do it smartly.
Find out more about the latest trends, studies, and prognosis regarding the future of insuring cryptocurrency as property.
To be on the safe side and to start off well, you might want to avoid making the mistakes that many business sellers have made before you.
When selling your business understanding the buyer's motives and the psychology is one of the main keys to achieving a successful deal.
Being self-employed is not so easy. You are responsible for everything, which also includes planning for retirement. Here are the best methods to plan for retirement when running the business yourself.
With a clear financial plan in hand, you can make more informed decisions on the future of your company or how to sell it effectively.
6 Steps to Selling a Business: How to Make Your Offer More Attractive and Avoid Mistakes When Closing the Deal
These 6 steps to selling a business will help you prepare thoroughly for the process and quickly seal the deal.
We will talk about the meaning and components of Seller's Discretionary Earnings (SDE), the difference between EBITDA and SDE, and how businesses can be valued with the help of SDE.
Creating a balance by tracking the money rotating within your business is essential for creating a stable cash flow. This article shares 8 tips to help you improve cash flow within your business.
Sharing your company with a new partner is a serious step in the development of your business. Here are some important things to consider when you decide to share your company with a new partner.
In this article, you will find a complete guide about when to close a business after a temporary shutdown.
No business is perfect, but if you can show a buyer that your business can provide most to the items listed in this article you will have a good chance of selling your business at a good price.
In a nutshell, the possession effect (mere ownership effect) is a psychological phenomenon in which a person values things and objects that he/she owns more than those that he/she could own.
Most small businesses have relatively few employees, there’s often little bandwidth left to think about cybersecurity. This is precisely what cyber attackers are banking on.
If you’d like to better understand the necessity of security compliance for every business (even a small one), this article will provide a brief rundown.
Admin is a persistent thorn in the paw of everyone who’s ever tried to run a business. In this post, we’re going to run through four key ways in which you can reduce the admin costs for a company you just bought.
If you have decided to sell your business to go to the next level, retire, or simply change your focus, you still need to pay attention to taxes, legal provisions, and other important details.
While running a small business can certainly be risky, you can reduce the risk factors if you’re aware of common mistakes — and how to avoid failure.
When developing a retirement strategy, the top two things that you need to decide is when to buy and when to sell. If you want to maximize your ROI, you will find this post to be very helpful.
Many baby boomers are set to leave their businesses to retire. To ensure that you successfully sell your business and retire, you should consider the following tips.
We have researched the behavior and experiences of retired individuals and gathered thought-provoking questions that could help you prepare. Answering these questions will grant you custom and specific retirement planning advice.
As we begin to reach a post-pandemic time, some small business owners have decided to sell their company altogether. There are several variables that need to be considered before finding a buyer.
If you want to sell your business, you will require expert knowledge in many areas. Hiring experts and getting advice from others you trust will save you frustration and money.
During the coronavirus crisis, some business owners could not help but direct their unused energy towards newer moves in life, i.e., listing their business for sale and adopting a new lifestyle instead.
Have you not prepared an exit strategy yet? Here's an articulation of how to plan your retirement plan as a small business owner in two basic steps.
In this article, we will be discussing how the pandemic creates more stress of retirement than usual and how business owners can manage this situation.
What a lot of business owners often don't realise is that you don't need to redo your whole company to cut some costs. Here are some simple ways to save on expenses and improve your business's value.
It’s not easy to sell any business, small or otherwise. The process is complex in terms of best practices and even personal emotions for the owners and investors involved. Here are 8 unique steps you need to be aware of to help you sell your company resplendently.
Effective business management involves planning, resource management, and predetermined short and long-term goals in order to increase profits and improve business value.
One of the most important factors that come into play when trying to avoid bankrupt is getting the most out of your assets. Sell everything that is non-essential to your business operations.
A business exit plan is a written document that includes details on how business events, such as an acquisition or merger, will be handled by the company and any third party involved in the transaction.
As a small business owner, you probably don’t expect to be a target for cyber criminals. But with fewer employees and resources devoted to cyber security, your business is exactly what criminals look for.
In this time of tough financial crises, business people do not want to take high-level risks. If you are one of them and wondering how to sell your business during this pandemic, read on.
Here are tips to maximize the utility of the networking feature and add value to your business by leveraging your LinkedIn connections.
Business analytics is just one more tool for generating better business decisions. By using it wisely, you can assess your exit situation, model various options, and even uncover lucrative alternatives.
Working remotely has become the new normal, this greatly exposes your company to the risk of cyberattacks. That’s why it’s a lot more essential to strengthen your cybersecurity.
Regardless of whether you intend to sell your business or not, digitization is bound to increase its value. Digital transformation plays a key role in the success of a modern-day business.
A large-scale overhaul isn’t necessary to cut costs and increase the value of your business. It’s often ordinary, common-sense steps that can help improve your bottom line.
Here, in this post, we will look into planning a business exit strategy, as well as the benefits of the change management process.
Workplace harassment harms both the affected individual and the business itself, and is socially and legally unacceptable; it will also affect your business saleability and value.
If you run a business and own - rather than rent - its premises, you may wonder what you should do with that land or property if you decide to sell your company.
Determining the value of your commercial property requires you to look at square footage, value per rental income, and other factors. Also, you should consider the aesthetic value of commercial real estate.
CVA is a milestone for the organizations that are distressed because of the enormous debt liabilities. In this way, a company can overcome the financial crisis in a specific time interval.
In this guide we’ll show you how to establish and run a cannabis dispensary business that’s not just successful, but sellable.
An effective and efficient financial management system is the key to the success of every business. Without it, there’s only one unfortunate thing someone can expect to happen, and that is the downfall of the business.
One of the significant barriers to business productivity is downtimes. This is a period during which your business comes to a standstill.
Preparing for Sale
These common business valuation methods give you a solid platform for price negotiations. Profit multiplier, discounted cash flow, comparables, and asset valuation method. Examples included.
How do you value your business? Here is a practical, step-by-step guide for small business owners to value their company. DCF - Discounted Cash Flow method discussed in detail with an example.
Read about preparing a Memorandum of Sale when selling your business. Sales Memorandum is a document that finalizes your sales proposition, your key selling points, and drives the promotional messages used in your advertising campaign.
Learn about debt considerations when selling a business. What happens to debt? Stock sale vs asset sale discussed. How business value is affected by debt, and more.
What methods or formulas can be used to value a business? Read this guide about some common valuation methods such as asset-based approach, comparative method, option pricing, and the DCF-equation.
Enterprise Value (EV) is a measure of a company’s total business value. EV is the theoretical price for a business if it were to be bought.
Common business valuation methods include: calculating the value of the underlying assets, finding the liquidation value, and calculating the future income potential of the business (also called as Discounted Free Cash Flow method).
Selling a small business fast requires the owner to take certain steps in going to market, finding the right buyer, and making preparations within the organization to be prepared for the sale.
Valuation of privately own companies earning income of 1 million or less is often based on Seller’s Discretionary Earnings (SDE), a common metric.
The purpose of this checklist is to help you understand the topics that need attention when considering how to sell your company for the most money.
Intellectual property is a legal term which refers to intangible assets, such as patents and trademarks. It is what makes a business worth buying because customers are already drawn to it.
There are a number of things you should do to get the most out of the sale. Here's an end-to-end checklist to get your business well prepared for the sale.
Post-money valuation (enterprise value) is determined by calculating number of factors. This goes beyond measures like debt, current market value, and cash on hand.
A married company owner needs to protect their business interests early on in case they get divorced from their spouse. Read how to make your business assets divorce-proof.
It is better to be realistic when setting an asking price for your business. Make it right from day one by considering all the key factors (13 discussed) when pricing your business for sale.
While there is always a market for selling a business that is not profitable, you may want to look for advice about ways to do it correctly, to make the most out of the sale.
Business owners tend to believe that hiring an intermediary is a smart way to sell a company. Is it? In this article, you’ll find out all about the pros and cons of hiring a business broker. A 7-minute read.
For small business owners it's important to have a risk management strategy on place to increase business value. When preparing your company for sale, a proper risk management plan shall be a priority.
You may wonder whether to sell your entire business or a portion of it. To sell a part of a business, such as a company unit, department, or a shop, you will be selling a list of assets (tangible and intangible).
Read this step-by-step guide about where to begin, and how to schedule the tasks and steps to orchestrate the sale process in logical and efficient way.
How do you prepare your business for sale? Here is a checklist to highlight potential change actions that help to improve sellability and value of your business.
If you are a business owner, deciding to sell your business is a big step. One of the things you will need to do is create a good presentation that you will be showing potential buyers. Here’s how to make a professional presentation for sale.
Intellectual property (IP) such as copyrights, patents, and trademarks, can play a key role in business valuation. A common problem, however, is that many business owners are unclear as to what IP they have and what value it hides.
The Sales Memorandum is an important document in the business sale process. It’s the written review of the business and its key value propositions that prospective buyers seek.
In this article we’re going to review some ways in which you can increase the value of your business right before you sell it, ultimately resulting in a better deal.
Here are some pros and cons of selling a business with or without a broker. Make sure you weigh up all options when valuing the business, promoting your sale listing, and managing legalities.
When it comes to valuing your business, there are several methodologies and examples you could use, each with distinct advantages and disadvantages which make them more suited to certain scenarios.
Planning to sell an online or internet business? Here are six things e-commerce business owners need to do in the run up to a successful business sale.
Selling your company is a once-in-a-lifetime event. To get the best possible return on your investment, check these 12+1 things to do when preparing your business for sale.
In this guide you’ll find a list of 10 proven tips that can help you improve your written communication and ensure you sell your business successfully.
For small business owners like you, selling a business can be an overwhelming experience. So if you are planning to sell your small business, here are some tips to consider from the get-go.
If your company doesn’t seem like it’s doing well, it can feel like a bad time to sell. Selling a business that has problems is a daunting prospect, but it’s far from impossible. In my article, you’ll learn techniques and strategies on how to sell your company, even if it’s not profitable.
In this article, Justin Osborne shares his useful tips on how to sell a financial business from start to finish.
If you are a business owner and retirement is near, you may consider selling your company. Here are a number of things you need to take care of during your retirement funding sale.
As a marketing company or agency owner, you know all about the process of selling a wide variety of products and services, and selling a business is also subject to many of the general strategies of sales.
While it's easy to understand the cost of your products and business operations, it's harder to put a clear value on your brand. That doesn't mean it's not important; establishing a clear brand is key to the long term success and overall value of a business.
When selling your company, and make it happen fast, you may want to come up with incentives to persuade willing buyers to check your investment out.
Selling a business is a huge step, and it's important to have the right mindset throughout the process. Try these mental preparation techniques to make the sale process seamless and emotionally appealing.
Business owners are realizing that if they don’t invest in a robust cyber security strategy, then their business falls behind. Read about how cybersecurity can add value to your company.
In this article, we’re going to talk about depreciation and how you can make good use of it as a business owner.
Here are the things you should write in your business description to find a buyer. The main emphasis is on ensuring you’re an active business; specific language and inclusions keep any reader alerted to the fact you’re a good find.
In this article, we discover how CRM software can add value to your business before you sell it.
When it comes to selling your business to a supplier or vendor you must definitely seek to get the most value. You can’t just accept any deal out there but really consider a number of things way before you let it go.
The Selling Memorandum is a detailed overview of your business. It is the first written thing you give the buyer after they respond to your business-for-sale ad. It will also serve as a reference guide.
There are so many challenges to selling a business, but some of them have a much bigger impact. In this article, we explore the most common ones so that you can avoid them and maximize your ROI.
If you're considering selling your company, you must do all you can to not only prevent job loss in the process but also prioritize your employees in a way that ensures they’ll be well taken care of once you’ve made your exit.
Whether you’re preparing your business and office space for a sale, or you’re just about to move into your new work space, imbuing it with your brand values will make all the difference in the world.
If you run your business without the mindset of selling it one day, you may be negatively affecting your chances of getting a profitable sale eventually, whenever you decide to put it on the market.
In this article, you will learn about several automation opportunities that can make your business more efficient while also increasing value.
Knowledge management systems are a type of IT-solutions used to organize and store business information. The ultimate purpose of these web-based applications is to increase the value of your company.
When it comes to oil and gas, valuing your business is essential for long-term strategic planning. And, it’s important to take several key steps to heart in order to maximize the worth when the time comes to sell.
If you want to sell your business, start considering the implications of your personal data compliance now, and put together a structured approach to processing data through the acquisition process.
Is business insurance important when you’re planning to sell your business? While it may seem an additional financial burden, selling businesses need to secure insurance for many good reasons.
If you are thinking of selling your company, then there are some ideas to brainstorm. Here are seven important things to be careful about and pay attention to before selling your small business.
There are many important things to consider when you’re planning to sell your business – from preparing financial reports and business valuation to taxation and legal compliance. In these situations, a chartered accountant is the best source of help.
When it comes to selling your business, a standard valuation will consider elements such as financials, brand value and assets. A commonly overlooked asset, however, is your website.
To speed up selling your business you will create a working selling system. In this article, we will look over some hacks that will be helpful for any business owner intended to make a good deal selling his or her business in any industry.
You should keep the sale of your business as confidential as possible for as long as possible. We will talk about specific things you can do to protect your confidentiality while advertising, negotiating and closing the deal.
One of the most lucrative opportunities is selling your business to a foreign investor. Today, we’ll be going over some tips that will help you leave the best possible impression on buyers.
Finding a buyer is no longer just about looking at a company's profits. Today's investors are interested in putting their money in businesses that are also socially and environmentally responsible.
If you are wondering how to raise the value of your locksmith business, here are small secrets that will mean a lot to you. Apply them and you will see how your profit increases and customer trust develops gradually.
Insurance helps boost your business' credibility with its clients and makes it more attractive to prospective buyers. Thus, taking out the right business insurance policy can increase your business value.
There are some assets that are increasingly enticing to prospective buyers, and integrating them into your business can improve its value and saleability significantly.
It is expected that your employees keep investing in their education. This approach has enabled many companies to increase their value when it’s time to sell the business or pass it down to a family member.
While the appearance of your commercial property is typically not the main focus of buyers, it's still a good idea to spruce things up to make it more presentable.
While no one prefers to sell their company, it is a much better choice than liquidation, bankruptcy, or closure. Let's take a look at some key measures that owners should take while selling their business.
Learn about truths about buyers that you will want to stay in mind during the business-selling process. Let's examine the customer herself: her fears, concerns, and priorities.
Business process transformation is one of those enhancements deemed mandatory for survival, regardless of the type of industry you operate in.
Six out of ten business owners intend to sell their businesses within the next ten years. If you're one of these people, keep these 7 tax considerations in mind.
A professional team is the foundation of any valuable business. Staff training and employee learning are integral parts of process optimization of modern enterprises.
If you have an Ecommerce business, you may be able to sell it for a sizable amount. And in order to sell your business to the highest bidder, you first have to make a compelling offer yourself.
In this article, we focus on exit planning and its heart, i.e., valuations. What it is, why it is, and how it is, we will unveil it all. Read on to figure!
Read this guide to understand what is branding and how to promote your brand without spending a fortune and increase your business's value.
Modern businesses are adopting digital marketing due to advancements in technology and the growing number of internet users. In fact, 83% of small business owners agree that these strategies have significantly helped boost their profits.
Sometimes there are business crises or other reasons when it becomes necessary to sell it. For business owners: this article is about the issue of selling a beauty salon with the most benefit.
The role of a sales presentation is to capture your client's attention, their interest and encourage them to move ahead with you and your business, in order to make a buying choice.
Monitoring your company’s value will assist you in directing your business to more profitable pathways. Business valuation is a process or method of determining a business’s economic worth.
One of the possible reasons why a business owner is selling a business is low profit. Other negative reasons may decrease your potential of landing a successful sale. Check these 10 tips to set your course.
Read about why do we need professional business valuation and how does it work. Written by EquityMaven, a business valuation firm.
Selling a small business isn’t as easy as you may think. You can make several legal mistakes, thus making it hard to get full the value of your business.
Many major corporations operate private fleets. Small businesses can benefit from fleets as well, especially companies that sell goods or services and offer home delivery.
If you’re a shop owner, it’s only logical that you wish to improve your sales. Remodeling and redecoration can increase the sale rate in your store. Read how.
Beginning from the reason of selling to yielding and acquiring the maximum possible profits - here you will find a lead about selling your business in 2021.
Let's talk about some aspects of your business that can increase your selling price. In this article we will discuss leases, contracts with customers and suppliers, inventory, and assets.
It’s always a seller’s market for a good business. You should have no trouble attracting serious, qualified buyers, as long as you avoid the conventional selling process.
Whatever the reason, you might find yourself selling your business at some point. Hence, it’d be a good idea to ensure you’re selling your business at a profit.
In order to preserve confidentiality and business continuity, owners should take these ten steps before selling their company.
You must protect your assets as you prepare to sell your business. Here are 10 tips to help you safeguard your intellectual and tangible assets throughout the sales process.
Thinking about selling your business in lockdown? Even if your business (was) well-sellable, here are the challenges you’ll need to overcome to get it sold.
If you’re planning to sell your company then you presumably haven’t been through that process before. There are likely to be various obstacles that come up and you need to be ready to face them.
It’s a good idea for business owners to engage professional cleaning services to help create a clean and safe environment before putting their businesses on sale.
There are many tools to resolve business communication problems, like IP phone systems. They're packed with features essential for providing customer service and it comes at an affordable price.
Brand storytelling is the overarching narrative that weaves together all of the business values and emotions that your brand evokes.
Whatever the reason why you want to sell your company, you need to avoid some pitfalls that can prevent you from selling your ready-made business on the most profitable terms.
Selling your business isn’t the end of your journey, but turning a new page. There are several reasons why owners would consider selling their company, which is not a simple process to boost.
Going to Market
Selling a business? You mine as well go without a business broker and save time and money. Selling a company without a broker is reasonable, and not as hard as you might think.
Where can you sell your business in 2021? Which websites to consider for an online listing and what are the criteria to compare them? This is a review of popular business-for-sale marketplaces and their websites.
How to sell a business that is losing money? Read this guide about your options for sale in general, plus selling a business by an auction is discussed.
Learn how to plan, prepare, and market your business for sale by selecting the most efficient and cost-effective ways and websites for online advertising
As a small business owner, you can offer your business for sale by auction. Done right, auctions can gain sellers even higher selling price than their asking price. The best part is that the terms of the auction sale are usually more beneficial to you, the seller.
This guide addresses the question about qualification of buyers as prospects, and the subsequent refinement of these down to a shortlist.
Selling your business? Read this article about how companies with different type and size are typically marketed and sold. Online business-for-sale advertising platforms and marketplaces introduced.
Read how to filter prospects from suspects during business sale process. What is effective communication, which information to provide, and when.
When selling your business, you should be thinking yourself into the mind of a potential buyer. What will be at the top of their list of considerations? Read how to prepare your business for a successful sale.
Lot of entrepreneurs in Singapore intend to sell their organizations, but many don’t know how to negotiate the best deal. Learn about Singapore and how to sell your business in this country.
When you advertise your business for sale it's important that you balance an effective marketing strategy with maintaining confidentiality. Here are some helpful tips to follow when you're writing your sale ad.
Sellers of their businesses often make common mistakes. Some of the issues, such as incorrect valuation or lack of preparation, or ignoring advisors, are discussed in detail.
These days buyers first look online marketplaces to identify potential businesses to purchase. It's critical to devote some attention to your business-for-sale listing's content and landing page.
During the sale process you will be receiving enquiries from potential buyers. However, and as with so much else in life, it’s the detail that counts.
There are 5 completely unique reasons to sell your business in 2022, like excess money supply, pandemic movement, new types of buyers, high demand and Baby Boomers entering the market.
When it comes to selling your business, your ad copy can help you boost buyers' interest and eventually get the best deal. And that is something you can definitely control. All you need to do is write a killer ad copy that sells.
Do you own an established business that you are thinking about selling? Dreaming about retirement? If you are getting ready to sell and you are not quite there yet, then this article is for you.
20 marketing experts share their secrets to success with ExitAdviser.
In this in-depth guide, Leon Collier will show you how to sell your business quickly at the highest price. Marketing strategies, tips/tricks and FAQs are addressed in detail.
The market for buying and selling businesses has grown rapidly and got a life of its own. As a seller, there is a blueprint that you can follow to ensure that your business is marketable and that you achieve the best possible price.
To make the most in video marketing, sellers must align their campaigns with the latest trends. If you intend to boost your business's sale through a promotional video, here are the latest trends and advertising ideas.
Selling your business? How do you make sure that as many people as possible find out that your company is available for purchase? Multi-channel marketing can be the right solution in this case.
Countless business owners are looking to sell their company. Here are a couple of factors you should pay attention to when you sell a big or a small business during COVID-19.
The following small business advertising ideas will help you re-discover your love of marketing and show you how to effectively showcase your business to an audience that is eager to learn about a company like yours.
Learn how inbound marketing strategies can make it easier to sell your business. It's not only about social platforms. Search engine optimization (SEO) and blogging also make this section of communication.
Establishing an online business does not necessarily need you to build a website and start from the very beginning. There is another option which is to purchase an existing online business.
Business owners tend to be not clear about how to advertise their business for sale, so that more people show interest in buying it. Content for a business-for-sale ad has to be precise, detailed, and attractive.
In this guide, we’re going to talk you through everything you need to know on how to define the worth of your online business and how to have the best-selling experience possible.
You’re probably looking to sell your company to the highest bidder and that usually means looking beyond your country’s borders and venturing into the international marketplace to attract foreign buyers.
If you are thinking about listing your business for sale, then you doubtlessly have some questions. Just remember that selling your business on your own is completely reasonable and rational.
In this post, I’m going to run through some key tips for marketing an ecommerce business for sale, setting out how you can get more eyes on your store and present it in a way that maximizes its perceived value.
Word-of-mouth marketing, also referred to as WOMM, is a powerful marketing tactic to generate more business leads and increase brand awareness.
Digital marketing might seem like an unnecessary expense when you’re running your small business, however, it becomes a necessity when you’re trying to sell it.
Preparing to sell your business can be a very exciting time. There are going to be a few crucial aspects that you'll want to tweak before selling your high-converting sales funnel.
If the time has come to say goodbye, here’s everything you should know about selling a home improvement business.
Are you in that position of running a business as a creative but wanting to sell it for one of many possible reasons? Let’s take a look at 4 tips that can help creatives attract prospective buyers for their businesses.
Closing the Deal
Here's an insight into tax consequences when selling a business. Asset sale vs stock sale, capital gains tax explained. Learn how much tax you will pay when selling a sole proprietorship, partnership, LLC, or corporation.
When you sell your business, chances are that you will have to pay capital gains tax. It's a tax on the company’s capital assets that you sell and make money on. Learn how to lower the tax burden.
As the seller you may want to draft your business lease agreement appropriately so that your buyer takes over all responsibility of the lease and that you do not. Tips for selling a business with a lease provided.
The sale of a business involves taking certain legal steps to ensure that the completion of the transaction is done properly and with minimum risk for the seller. Find out what those important steps are.
Learn how seller financing works for an owner selling his/her business. Pros, cons, and risks addressed with owner-funded business sales. Tax benefits of owner financing addressed.
Learn how to sell your business tax-efficiently via installment sales, a common method of seller financing. Special aspects with sole proprietorship businesses, limited companies, and corporations are addressed in detail.
It’s important to let your customers know that you will no longer own their trusted company. Pay attention to a few key aspects to consider when crafting a perfect change-of-ownership announcement letter to clients.
This is a guide to selling business assets vs stock (shares). Learn how it works with different types of business. Tax implications as well as seller interests vs buyer interest are discussed in detail.
If you are a business owner and planning to sell your company, then you need to notice your staff. Read how to prepare your change of ownership announcement letter to employees.
A lease-purchase (rent to own) is one of the most unique ways of selling a business to an interested buyer who might not have the means to buy at the moment but looking to own an existing investment.
There are many options to be considered when structuring a deal to close the sale of your business. The trick is coming up with a deal that beneﬁts both parties and provides incentives for the seller and buyer to sign.
On the term sheet, the buyer will list all their conditions for buying the business. It will include clauses such as price and payment terms. The term sheet shall be followed by seller and buyer if a sale were to take place.
Due Diligence is a business process that is important for both buyer and seller in a business sale transaction. Read about what is Due Diligence, and what is required the seller to prepare for it.
This may be the first time to selling a business. You want to be sure that you're covering all the bases before, during, and after the negotiations with the buyer.
Businesses are sold through assets or stock (shares) sale. The difference depends on company type as well as tax considerations. This post is about pros and cons with assets sale vs sale of business entity.
The Letter of Intent defines what a business sale deal may look like and provides parties (the buyer and seller) some time to perform Due Diligence, and to finalize the buy-sell agreement. Also known as Proposal to Buy a Business, or Offer to Purchase a Business.
When selling a business, it is common for the buyer and seller to utilize the services of a third-party escrow agent. An escrow holdback is another type of account that is sometimes used for the sale of a business. Read more.
Read about the 9 proven tactics for protecting yourself when selling your business and offering owner financing for the buyer.
While there’s no specific standard for writing the change of ownership announcement letter to employees, there are several common strategies used widely in a civilized business world that work.
When selling a business, an Earn-out (or Earnout) is an arrangement in which the seller finances the purchase and the buyer's payments are based on the earnings/profit of the business. Read about benefits, pitfalls and tax implications that are related to earnouts.
Capital gain tax occurs when a company owner sells its asset (business) for a higher price than they purchased it. Learn how to reduce (or even avoid) capital gain tax when selling a business.
Required legal documents for business sale: Non-Disclosure Agreement, Letter of Intent, Term Sheet, Business Sale Agreement, and Bill of Sale.
Read about how to avoid pitfalls and mistakes when closing your business sale deal. Key topics discussed: negotiating the deal, getting paid, communication and transition issues.
Read about in-exhaustive things expected in any background check not just of the potential business owner but corporate entity involved in the acquisition; screening a potential future owner of your company.
After a seller and buyer reach an agreement, the buyer should prepare an acquisition letter of intent (LOI). It outlines the overall structure of the deal, management arrangements, the period of due diligence, and other details.
Starting your own auto repair business from scratch is not always the most cost-effective idea. By buying an existing company, or a franchise, you can skip several initial steps and get right to business.
There are two skillsets that are particularly welcome additions to a business sale team namely, legal and financial. It’s common for business owners to use qualified Attorneys and Accountants on a periodic basis.
What happens when a business is sold to the wrong person? What does it mean to allow the wrong individual acquire your investment of many decades? Read the story.
Background check is a basic feature of selling or buying. If you’re selling a business to a wrong person, you could end up losing your legal claim on that business. If you’re buying a business from an unscrupulous individual, the same thing may happen.
Whether you post a phone number or email in your business-for-sale ad, then your first opportunity to qualify the buyer will usually be by phone, to learn as much as possible about your prospect.
A good site visit can go a long way in creating enthusiasm in the buyer and it can help to distinguish your business from all the other businesses that the buyer is considering.
Due Diligence is a two way street. While the term is normally associated with the [business] buyer checking you out, you will definitely want to research the buyer's background and qualifications as well.
Selling a business and closing the deal. In this article you will read about 9 alarming warning signs that your buyer cannot close the deal.
There are lots of taxes involved that can impact the worth of the sale. Here are a few ways to reduce the amount of tax you pay when selling your business.
In this post Rodney Laws addresses a set of key tips for protecting your personal data, as well as important files while selling your business.
With economic stability going downhill globally, many small business owners have decided to put an end to their years' worth of effort. Here is a how-to guide about how to formally close your business.
In this article, we’re going to talk about how you can reduce the unnecessary expenses connected with running your business so that you can have more money every month to work with modernizing your equipment and furthering your advertisement campaign.
When people want to take over someone’s lifework, it is essential to consider several reasons why it could be risky. You will learn about ten factors that assist you in selecting an existing business to buy.
Closing the deal: Soon after you write and send the buyer your Selling Memorandum they will begin to respond with questions for more information about your business offered for sale.
For every taxpayer who still aren’t sure how tax refund works, read through this article. These are the basic rules and things that everyone – including small business owners – should know.
Creating guides to your business processes and your brand identity can raise value of your company before you sell it. And setting up a consultation service will yield additional income.
If you are looking to sell your business this year, then there are a number of things you might want to consider. Of course, the selling process might not be clear as you thought it would, especially the legal considerations you need to pay attention to.
Selling your business and preparing for due diligence is a labor-intensive process. It can take a minimum of 3 to 6 months and may not even be successful in the end. Be prepared.
You've sold your business and wondering what to do next. There are lots of things you can do following your business sale. With the right exit strategy, you can optimize your time and energy now and in the future.
In this article, Michael addresses several points that one must consider when selling a business to a skeptic.The trick is to remain specific and pay attention to detail.