Do You Have an Exit Plan?
As a business owner, you’ve worked hard to build your business from the ground up. But what happens if you want to step away from your venture? This is why it is important to create an exit plan in advance. An effective exit plan can help make sure that your legacy and business are passed […]
What Factors to Consider When Valuing a Business
Valuing a business is a complex process, and it can be difficult to determine what factors should be taken into account. While financials certainly have an effect on the value of your business, there are many other elements to consider as well. In this blog post, we’ll discuss what you need to think about when […]
How Long Does It Take to Sell a Business?
Selling a business is no small feat; it requires lots of research, planning, and preparation. Before you start the process, it’s important to understand how long it will take. The timeline for selling a business depends on several factors such as the size of the business and the current market conditions. But regardless of your […]
Three Basic Factors of Earnings
Two businesses for sale could report the same numeric value for “earnings” and yet be far from equal. Three factors of earnings are listed below that tell more about the earnings than just the number. 1. Quality of earnings Quality of earnings measures whether the earnings are padded with a lot of “add backs” or one-time […]
Key Factors on the Acquirer’s Side
There are several key factors on the acquirer’s side of a sale, most of which are necessary to achieve a successful closing. Just as a seller has to deal with quite a few factors, the acquirer must also. Some of the more important ones on the acquisition side are: Sufficient financial resources to complete the […]
What Would Your Business Sell For?
There is the old anecdote about the immigrant who opened his own business in the United States. Like many small business owners, he had his own bookkeeping system. He kept his accounts payable in a cigar box on the left side of his cash register, his daily receipts – cash and credit card receipts – […]