Below you'll find a list of all posts that have been categorized as “Selling Tips”
When selling a business, one of the biggest impacts on the process will be whether you use a business broker or attempt to navigate the sale on your own. As an entrepreneur, there is a natural instinct to figure out and handle many things yourself; on the other hand, seasoned business owners also learn to recognize when to hire a …
Selling a business can be one of the biggest decisions you will make in life, so it is wise to investigate the best way to do it. Simply put, working with a reputable business broker is the best way to sell your business. Business brokers can help you find the right buyer, navigate the selling process, and achieve the best …
If you are a boat dealer considering an exit, there are several factors to consider. On a high level, the following tips apply to any owner looking to sell a business, regardless of industry or location. Read on for our top 3 business-selling tips tailored for boat dealership owners. 3 Tips for Selling a Boat Dealership 1. Consider Timing Considering …
Year-end is fast approaching. If you are considering selling your business anytime in the next 2-3 years, it’s time to reconsider how you manage your end-of-year business income and spending. For good or bad, year-end tax planning for business owners can have a significant impact on the selling price and net proceeds of a future sale — even if that’s …
Few things are more frustrating to me than starting a weekend DIY project, tearing something apart, and then realizing I don’t have the time or the skills to finish the job properly. Have you been there? That feeling came to mind recently when I took a call from a business owner who had already marketed his company and had received …
Knowing how to sell a manufacturing business in Asheville — successfully — involves a few important considerations. As you are likely aware, the manufacturing industry had just started gaining momentum before the pandemic, and although manufacturing businesses are beginning to regain their footing, businesses everywhere continue to face an ever-changing environment. Here, we have identified some key points to consider …
If you are considering selling a construction business in Charleston, South Carolina, you will want to account for a few important factors. Some apply regardless of your industry or location, but some factors specifically apply to selling a construction company in Charleston. Our decades of experience buying and selling businesses in more than twenty-five industries across the Southeast have helped …
Entrepreneurs sell their businesses for a variety of reasons. Regardless of your “why,” if you have decided that the “when” is now (or soon), what should you do next? Get Familiar With the Process First, familiarize yourself with the selling process. It will be helpful to have a general understanding of the process as you engage with your Broker/Advisor of …
Your business likely represents the largest portion of your net worth. With that in mind, it makes sense to consult with a professional advisor who can learn about your business and give you thoughts on how to prepare your business for a future sale. Here at Viking, that is precisely what we do. We have written at length about what …
Selling a business in 2021 is a major topic of conversation these days, and the reason may surprise you. The reality is that 2021 could be a great year to sell your business. Read on for three reasons why. 1. Anticipated Tax Increase There is the possibility of a significant increase in the long-term capital gains tax rate, possibly beginning …
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