Below you'll find a list of all posts that have been categorized as “Selling Tips”
If you are selling a business, it is wise to shift your mindset from simply, “How to find buyers for a business,” to “How to find the right buyer for my business.” Finding the right buyer for your business is critical for a successful transaction and a smooth transition. Here are some factors to consider that can help you identify …
According to a study by Harvard Business Review, nearly 30% of entrepreneurs (whether business owners or founders) feel burned out. Most of us are familiar with the risks of burnout by now: job dissatisfaction, poor performance, and even more health-related issues like heart disease and depression. Can burnout as a business owner be avoided? Can it be overcome? Here are …
Regardless of your business’s location, size, and industry, for an experienced business advisor, the process of selling a business is actually very straightforward. It is the do-it-yourself seller who typically experiences a more uncertain path to selling a business. If you are selling your business, choosing to work with professional business advisors (rather than navigating the sales process on your …
If you are selling a business, timing is extremely important. But when is the best time of year to sell a business? It depends. Remember, selling a business is a process, and different times of the year can better lend themselves to supporting different phases of the selling process. But sometimes, the calendar can prove to be ultimately irrelevant. Let …
Regardless of your business’s industry, location, or size, the process of selling a business is fairly consistent. The factor that will actually have the biggest impact on your journey through the sales process is choosing to work with professional business brokers, rather than navigating the sales process yourself. Yes, it is possible to sell your business on your own; but …
How to sell a plumbing business does not have to be overly complicated, even in today’s economic climate. Buyers are still actively looking for acquisition opportunities, especially in the service industry. Attractive features like expansion opportunities and high dollar jobs make plumbing one of the most sought after sectors within the service realm. There are currently over 120,000 plumbing businesses …
If you are considering selling a manufacturing business, there are a few important points to consider. Some considerations are common to selling any type of business, and others are specific to selling a manufacturing business (particularly in today’s economic climate). The manufacturing industry had just started gaining momentum before the COVID-19 pandemic struck, and while manufacturers are beginning to regain …
Knowing your business’s market value is important information for any business owner, whether you plan to sell your business, are doing estate planning with your financial advisor, or are interested in obtaining a loan. While determining the value of your company is important, like most busy owners, you are probably also wondering, how long does a business valuation take? On …
The timeline and details involved in selling a business can vary widely depending on the company’s size, location, and industry; but, the overall steps to selling a business are fairly consistent across the board. We recommend using a professional advisor to help you get top dollar. Below, we outline the 7 steps to selling a business which are typical whether …
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