Once you’ve decided to sell and initiate the sale process, one early dilemma you may face is who should you tell? ….And when? ….And what should you say?
In a nutshell, you want the business sold, but you don’t want anyone to know it’s for sale (except for just the actual purchaser!). For the majority of situations, here is some advice.
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By TomIf you’re a business owner considering selling his/her business, it’s helpful to know some basic statistics regarding averages for selling a business.
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By TomHow much is my business worth? I’m uncomfortable with Mr. Schmerler’s answer: “…the price a Buyer offers you that you are willing to accept.” I feel a more complete explanation is: “A business is worth whatever the buyer, seller, and banker agree its worth.
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By TomWhether you are trying to sell your business by yourself, or you hire a professional to guide you through the process, there are 35 separate steps required to sell a business. I’ve broken down these 35 steps into four major stages: Planning, Searching, Deal Making, and Closing.
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By TomWhether you are trying to sell your business by yourself, or you hire a professional to guide you through the process, there are four major stages of selling a business: Planning, Searching, Deal Making, and Closing. I will provide some explanation for each of the detailed steps in these four stages in a series of four discussions. Here are the steps in the 1st stage – Planning
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By TomWhether you are trying to sell your business by yourself, or you hire a professional to guide you through the process, there are four major stages of selling a business: Planning, Searching, Deal Making, and Closing. I will provide some explanation for each of the detailed steps in these four stages in a series of four discussions
To read the entire blog, click the title above.
By TomWhether you are trying to sell your business by yourself or hire a professional to guide you through the process, there are four major stages of selling a business: Planning, Searching, Deal Making, and Closing. Here are the ten steps in the 3rd stage – Deal Making
To read the entire blog, click the title above.
By TomWhether you are trying to sell your business by yourself, or you hire a professional to guide you through the process, there are four major stages of selling a business: Planning, Searching, Deal Making, and Closing. I will provide some explanation for each of the detailed steps in these four stages in a series of four discussions.
To read the entire blog, click the title above.
By TomMany business owners who are interested in selling their company often ask how the amount of their inventory impacts the value of their business.
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By TomSome business owners, when they’re ready to exit their business, try to sell their company themselves. After all, who knows their company better than they do, and could talk about it endlessly? And, how tough can it be to sell a business?
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By Tom