In most cases when a business is sold, there are real estate considerations which the buyer and seller should consider. Whether the business owns the real estate or leases the real estate, the transaction will be affected in one way or another. Let’s take a look at some issues which can come into play.
The first thing to realize is that real estate affects buyers and sellers...Read More
A recent article from Axial answering commons questions regarding LOI’s. Many times we see the LOI process skipped and go directly to the Asset Purchase Agreement and then due diligence. It depends on the deal and if the seller and buyer can agree to “high level” price and terms ahead of time. This can streamline the process and bubble all items important to the deal to...Read More
The 65-year old owner of a multi-location retail operation doing $30 million in annual sales decided to retire. He interviewed a highly recommended intermediary and was impressed. However, he had a nephew who had just received his MBA and who told his uncle that he could handle the sale and save him some money. He would do it for half of what the intermediary said his fee would be – so the...Read More
The 65-year old owner of a multi-location retail operation doing $30 million in annual sales decided to retire. He interviewed a highly recommended intermediary and was impressed. However, he had a nephew who had just received his MBA and who told his uncle that he could handle the sale and save him some money. He would do it for half of what the intermediary said his fee would be – so...Read More
If you’ve never bought or sold a business before, then the factors that drive and influence business valuations likely seem a bit murky. In a recent Divestopedia article from Kevin Ramsier entitled, “A Closer Look at What Drives and Influences Business Valuations,” Ramsier takes a closer look at this important topic.
Business brokers and M&A advisors play a key role in helping business...Read More
If you’re like many business owners, your business plays a large role in supporting your family’s lifestyle. As you plan for your business’ future, you may run into questions about how to treat family members fairly in your plans. This is especially crucial if you have children who work in the business and children who do not work in the business.
When planning for your business’ future...Read More
Before you begin your business, you should be thinking about how you will hand that business over to someone else. No one runs a business forever. Whether you sell your business or let a relative inherit it, at some point you will need to step away.
When you finally do separate from your business, it is critical that you are certain that it is worth handing over. In his January 2019...Read More
Why You Need a Broker Who Knows How to Market Your Business?
When selling your business, it’s important to ask how your broker plans to find the right buyer.
There are essentially two types of business buyers.
A financial buyer is usually someone looking to switch from employee to entrepreneur by “buying” a new job and lifestyle. They want to:
Replace their income,
Enjoy what they do,...Read More
There is no denying the fact that life is much, much easier when one can find the right buyer for his or her business. Buying or selling a business can be a stressful affair, but much of that stress can be eliminated by getting the right support.
The Concept of the “Right Buyer”
In the recent Inc. article entitled, “How to Find the Right Buyer for Your Business and Avoid Negative...Read More