I read an excellent article recently about how to sell your business, written by Brian Mazar, of American Fortune Mergers & Acquisitions. He described eight (8) critical factors that are required to sell a business. While the number of factors may well be more than eight, Brian did an excellent job of briefly and clearly explaining what makes these factors so important.
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By TomWhat is Retirement Asset Funding? The use of retirement assets [401K, SEP, IRA] for the cash to fund the purchase a business to operate and grow is known as Retirement Asset Funding.
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By TomI recently had a situation that a lot of business brokers experience. A business owner contacted me about his interest in selling his company, so we spent some time talking about how he got into the business, why he wanted to sell the business now, what he planned to do after he sold the business, etc. I wanted to hear his responses to some of the soft questions that buyers ask.
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By Tom