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 …

10 Proactive Tips For a First-Time Business Seller 

Selling a business is a complex process. There’s far more to it than most business owners realize. These ten proactive tips will help a first-time seller prepare to sell their business for the highest value.   1. Use a Professional Advisor   A professional, experienced and qualified sell-side advisor will provide an accurate assessment and valuation of the business, market it effectively, …

How to Sell a Manufacturing Business in Asheville

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 …

So, You’re Ready to Sell Your Business… Now What?

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 …

Is now a good time to sell your business?

We’ve been asked by many people in recent months whether the timing is right to sell their business. The short answer is yes! There are obviously many factors that are in play when bringing a business to market. Obviously, the period around the Great Recession in 2008-2010 is an example of one of the tougher times to try and sell …