Entrepreneurs are, by definition, leaders. They start businesses and they run businesses. It is simply part of the job. But, there is no guarantee of success. We ask ourselves, How important is the role of an entrepreneur as a leader?…
Many sellers worry that employees might “hit the panic button” when they learn that a business is up for sale. Yet, in a recent article from mergers and acquisitions specialist Barbara Taylor entitled, “Selling Your Business? 3 Reasons Why Your…
In Divestopedia’s article, “The Myth of Fair Business Valuation: What Professional Valuations Don’t Tell You,” author Chak Reddy is quick to point out that the “type of buyer and method of sale are two important (yet often overlooked) value determinants…
How should the purchase of a business be structured? This is a point that you’ll want to address early in the sale process. For most people, buying or selling a business is one of the most, if not the most,…
Divestopedia published a rather insightful article, “Letting the Market Bridge the Valuation Gap.” In this October 2018 article, Dave Kauppi dives in and explores how fair market value can be used as a way for business owners to “bridge the…
There are a variety of reasons why a business owner decides to sell their business. When the time comes, there is a choice to sell on their own or hire a business broker. Business owners who decide to sell on…
What exactly is value and how do you measure it in business? Value in business means 3 things: competitive pricing, exceptional service and reliability. Together these three components provide a unique experience and raise one business above their competition. …
Business appraisals are not one-dimensional. In fact, a good business appraisal is one that factors in a wide range of variables in order to achieve an accurate result. Indisputable records ranging from comparables and projections to EBITDA multiples, discount rates…
In a recent December 2018 article in Divestopedia entitled, “Options for Business Real Estate When Selling a Company,” the topic of business real estate was explored at length. One of the key points of the article was that understanding one’s…
The process of selling a business can be very complex. Whether you’ve sold a business in the past or are selling a business for the very first time, it is imperative that you work with an expert. A seasoned business…
There is nothing like the feeling of acquiring a new business. Optimism abounds when you first step through the doors. Embrace that feeling—it is a good day. Traditionally, when a small mom-and-pop shop opened up, the first customer’s dollar would…
Building a business take time, focus, and dedication. Selling a business often demands the same requirements. So when the time comes to say good-bye, using a business broker can make the process smooth and painless. Before we look at the…
