If you are a business owner, I am willing to bet that you have asked yourself this question: “When should I sell my business?” The thought may even keep you up at night. If it does, you are not alone. No matter the size, industry, or location of a business, owners worry themselves sick about finding the best time to …
Deal Structures: Legalities to Negotiate When Selling a Business
The number of negotiable components in business deal structures can seem exciting at best, terrifying at worst, and certainly overwhelming to anyone closely impacted by the deal’s results (i.e., the seller and the buyer). We created this four-part series to provide helpful information to entrepreneurs like you by dissecting the significant parts of a business deal; this article is Part …
What is Amortization in EBITDA? How to Understand & Calculate EBITDA
At Viking Mergers & Acquisitions, we consistently express to our clients that performing a valuation of their business is the first step in planning a successful exit strategy. Business valuations include many moving parts, and understanding specific components of the process can give an entrepreneur an idea of what their business is worth. What Is EBITDA? What Is It Used …
Deal Structures: How to Negotiate Assets Conveyed
Selling a business includes many opportunities for negotiation – but you can only benefit from these opportunities if you are familiar with the different components of a business deal. We created this four-part series of blogs to pull back the curtain on business deal structures and provide helpful information to entrepreneurs like you. This article is Part Two. When a …
What is an Exit Strategy? 7 Options for Business Owners
No matter your business goals, planning and preparing your exit strategy is essential. There are a variety of business exit strategy options, and the best option for you may not be the same as another person or business. In this article, we will discuss what an exit strategy is and some of the options available to you as a business …
The Process of Selling a Business
As business brokers, one of the most common questions we receive is, “What does your selling process look like?” While there are some common elements to every business sale, at Viking, we have developed a streamlined 7-step process that helps business owners not only complete the sale of their business, but also find the right buyer and earn top dollar …
Complete Checklist for Selling a Business
Without proper direction, selling a business can quickly become overwhelming and chaotic. Organizing the process into concrete tasks will help keep priorities in order and ensure that important things don’t fall through the cracks. Selling a Business Checklist: #1 Gather Advisors Find the following professionals to advise and assist you in the process of selling your business. As you progress …
Seller’s Discretionary Earnings Explained
Seller’s Discretionary Earnings Definition Seller’s Discretionary Earnings (SDE) is a cash-flow-based estimate of the total financial benefit a full time owner-operator derives from the business on an annual basis. This measure helps compare the cash flows and values of businesses by “recasting” or “normalizing” their financial statements. The nature of the SDE allows prospective buyers, lenders, and investors to estimate …
3 Benefits of Proper Business Exit Planning
Proper business exit planning means much more than just an owner trying to maximize the selling price of a business. Yes, selling for top dollar can certainly be one benefit of exit planning, but when done properly, there are additional layers of benefits to be found for not only the Seller, but also for the Buyer and for the business …
4 Important Tax Issues to Consider When Selling a Business
There can be significant tax implications on selling a business. Inevitably, you will pay taxes on the income of the sale, but there are some ways to minimize your taxes on selling a business so you can keep more in your pocket. Before we launch into different tax issues to consider when selling, the first step is to get a …










