Mindset is everything, and people create what they are concentrating on. In this episode of “The Real Deal” podcast from the International Business Brokers Association, best-selling author Rene Brent explains how to change your mindset to create positive outcomes, in business and in life.
When you’re selling your business, you’ll need to answer these six key questions. Reach out to a professional business broker for these answers and more. Remember: Selling your business is always better with a business broker!
This short video, courtesy of the International Business Brokers Association, provides two different versions of the same story: selling a business with a business broker and without one. You decide which is the smarter way to do it!
Well-trained brokers have an alphabet soup of labels after their names. But what do really mean? Renowned author, blogger and law professor William Byrnes explains what they stand for and why business owners looking to sell should seek out brokers with these professional designations.
One of the best in the business, Russell Cohen of Murphy M&A, shares what he’s learned in his 20+ years brokering deals on this episode of “The Real Deal ” podcast sponsored by the International Business Brokers Association (IBBA).
This article from First Home Bank was written for business brokers, but if you are looking to sell your business, this vitally important to-do list needs addressing to ensure a smooth and successful transaction. The seasoned brokers at BEACON Business can help you navigate this process.
Just because you have a knack for starting companies doesn’t necessarily mean that those skills translate well into growing one.
You know automatic sales will make your business more valuable and predictable. But the secret to transforming your business is to think less about what’s in it for you and more about coming up with a reason for customers to agree to a monthly bill.
In its continued effort to educate business owners, Business Brokers and related transaction professionals, the International Business Brokers Association (IBBA) has developed the newest glossary of its kind for terms commonly used in the business transaction process.
This article from Inc. magazine does a great job providing an objective look at the business-selling process and the professionals you should have on your team if you want to sell your business.
Using the equity in your business as a form of currency dilutes your value position and may not be necessary with a pinch of creativity.
When you sell your business, you have to do something with the money you receive, which usually means buying into another asset class that is being affected by that same economy.
Here’s a list of nine warning signs you’re a hub-and-spoke owner and some suggestions for pulling yourself out of the middle of your business.
Here is a short video from our friends at the International Business Brokers Association that explains the many benefits of working with someone who specializes in selling businesses for a living.
Milwaukee-Based Business Brokerage Expanding to Meet Business-Selling Demand in Wisconsin and Northern Illinois
In 18 months’ time, Milwaukee-based BEACON Business Group has grown from a one-man, home-based operation to a team of six and has just expanded to larger offices, the company announced today.
Cross-selling new products and services to your existing customers may be a great marketing strategy, but if your goal is to increase the value of your business, the added revenue may do nothing for your company’s value – and may even lower it.
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.