Posts Tagged ‘business broker’

We Have a Buyer for Your Business!

By Chris Spenner “Hello! I am excited to tell you we have a buyer for your business, but you have to act fast!” Sadly, the number of small and online business owners that hear and fall victim to this line each and every day is increasing due to the rising number of brokerage scams. And,…

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Inventory… Don’t be shocked when Selling Your Business!

By Dave Driscoll Small business owners seem to have an aversion to inventory: they don’t like to count it, deal with it, and frequently don’t realize how much value they have invested in it. As business brokers, we encounter this phenomenon too often. Owners routinely minimize the importance of inventory value when listing the businesses…

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What drove business buyers and sellers in 2017?

By Dave Driscoll The Third Quarter 2017 Market Pulse report by the International Business Brokers Association (IBBA) and M&A Source reveals several factors that have been consistently driving the market for mergers and acquisitions across the United States. The drivers for both buyers and sellers may offer useful insight for those of you hoping to…

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What Is Your Broker’s Responsibility When Selling Your Business?

By Dave Driscoll Simple…to sell the business, right? Absolutely, selling the business is the reason you chose your business broker, but there is another equally important responsibility: protecting the seller! The first objective is obvious. You draw on the reputation, business acumen, and experience of the broker and their firm to help you achieve a successful…

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Why you need a team of advisors to sell your business

As seen in Dave Driscoll's column in St. Louis Small Business Monthly

By Dave Driscoll The value of your business is probably your single largest asset, and converting that asset to the maximum amount of investable cash to support your retirement is critical. Your best shot at maximizing long-term value is to rely on a team of advisors to navigate the complexities of the sale of the…

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You Can’t Sell your Business in a Day

Preparing To Sell Your Business

By Dave Driscoll, President and Business Broker As business brokers, by the time a business owner contacts us to sell a business, he or she is usually ready to walk out the door and leave the business behind…tomorrow. To say that is unrealistic is a serious understatement. Selling a business is a complex, long process……

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Why hire a Business Broker?

Why Hire A Business Broker? Business owners, by the nature of their role, have very little experience with business brokers or M&A advisers. Most owners have the opportunity to sell one business, or maybe two, in their careers. Seasoned owners that have relied on their own devices, sometimes ask, “Why should I hire a business…

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How Did The Recent Interest Rate Increase Impact The M&A Market?

You might think that a Federal Reserve interest rate increase of one-fourth of a percentage point isn’t a significant movement, yet the implied message is what means the most for the mergers & acquisitions market. Over the past eight years, the Federal Reserve interest rate charged for overnight deposits, commonly referred to as the discount…

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How Did The Recent Interest Rate Increase Impact The M&A Market?

You might think that a Federal Reserve interest rate increase of one-fourth of a percentage point isn’t a significant movement, yet the implied message is what means the most for the mergers & acquisitions market. Over the past eight years, the Federal Reserve interest rate charged for overnight deposits, commonly referred to as the discount…

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Selling a Business Is Harder Than Starting It

Starting a business seems like the hard part…until you realize that one day you will need to leave your business Think back to the day you started your business. You made the commitment and started building your company block by block, decision after decision. After much time has passed, you are arriving at the point…

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