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.
You already know that your company’s revenue and profits play a big role in how much your business is worth. Do you also know the role cash flow plays in your valuation?
Small businesses stay small either by choice or because they start chasing growth in the wrong places. When you strip away the layers, it all comes down to darts.
Strange as it sounds, summer–and the vacation that comes with it–can be the perfect time to increase the value of your company.
Your age has a big impact on your attitude toward your business and your feelings about one day selling your business.
If you’re wondering what your business might be worth to an acquirer, there is a simple calculation you can use. Let’s call it “The Build vs. Buy Equation.”
Here are four of the more common beliefs about selling a business that, often as not, do not pan out.
If your goal is to grow your business fast, you need a positive cash flow cycle or the ability to raise money at a feverish pace. Anything less and you will quickly grow yourself out of business.
Selling your business will likely be the largest financial transaction you’ll ever make. Yet many smart and successful business owners try to sell on their own. Here’s why that’s not a great idea.
The value of your business comes down to a single equation:
Profit × Multiple = Value. Here’s why it’s important to focus on that second number.
This article from In Business Magazine presents seven ways business owners misstep during the valuation process.
Good news: There is a proven way to dramatically improve the value of your business and make it more attractive to potential buyers!
Here are a few business-selling pieces of news from a recent International Business Brokers Association survey, with commentary from BEACON Business Group President and IBBA member Steve Boylan.
Estate planning is not something to put off until your deathbed. Should you have an estate plan? Absolutely.
But what does new owner training involve? What are your responsibilities? And how long will you will be “on the hook” after the deal has closed? Read on to learn more.
If you are selling your business, ignoring tax considerations until after the deal is struck is a big mistake and can put you in a dicey negotiating position.
If you are considering transferring your business to a family member, you might be tempted to put their wants and needs ahead of yours. Here’s why this is not always the smart thing to do.
Selling a business to the right buyer is like finding the right match from an online dating service: The first one to come along often is not the best match.