You may be years from wanting to sell, but starting to formalize your operations now will help you predict the future of your business. Then when it does come time to sell, you’ll fetch more for what you’ve built because acquirers pay the most for companies when they are less risky.
If you’re wondering when is the right time to sell your business, you may want to wait until your company is generating $1 million in earnings before interest, taxes, depreciation, and amortization (EBITDA). Here’s why.
This article, published recently in the International Business Brokers Association’s “Main Street News” email newsletter, is targeted to business brokers. But the information shared is critical for business owners who want to be prepared to sell one day–and to weather unexpected life emergencies that can adversely affect the value of their companies.
Are you tempted to re-sell someone else’s product to boost the topline revenue of your business? There can be negative consequences.
When you’re a service provider, it can be difficult for customers to distinguish the service from the provider. So “productize” it! Here’s how.
Here’s a list of the 5 top warning signs that show your business could be too dependent on you.
The very best time to sell your business is when someone wants to buy it. While it can be tempting to continue to grow your business forever – particularly when things are going well — that decision comes with a significant downside. Consider the story of Rand Fishkin who started his entrepreneurial journey when he joined his mother’s marketing agency as a partner.
if you’re a business owner who is selling or thinking about it, you can really benefit from understanding the various types of buyers out there and the businesses they want to purchase–and how business brokers find them for you.
In this episode of “The Real Deal” from the International Business Brokers Association, one owner details the pitfalls of trying to sell her family’s company on her own with no success–that is, until she discovers a business broker.
That’s a good question we get asked a lot–and one you’ll want to know the answer to if you’re selling a small business
Check out these online calculators , courtesy of The Hartford, that cover cash flow, debt service on loans, self-employment tax and more.
Here are three specific strategies for getting your company to run without you.
Repeat customers are the lifeblood of your business. Here’s how to make them sticky.
The podcast from the International Business Brokers Association titled “The Real Deal” is full of useful information and insights for business owners. Check it out!
Following are 10 compelling and measurable reasons to seek out a credentialed, certified business broker when selling your business.
There are a number of good reasons to consider the purchase of an existing business rather than starting one.
Buying a business is a process that takes time. Here are the key steps to follow in the business-search process.
How do you know when it’s time to sell your business? It’s really all about you.
Could you offer some sort of recurring plan to your customers? Here are six reasons to consider offering your customers a subscription.