Posts Tagged ‘Sell A Business’
Now may be the best time to sell your business!
Ten years after the financial crisis, selling conditions are right By Dave Driscoll Remember the fear of revenues dropping like a rock? Remember the anxiety of wondering whether you and your business would survive? Remember those difficult decisions you had to make regarding employees? Those challenging moments likely also created fear that you may never…
Read MoreWhy buyers prefer businesses with a strong leadership team
If you ever want to sell, your business should not be dependent on you! By Dave Driscoll You start a business believing you are THE one; you are the center of the universe. Everything is dependent upon your skills, efforts, and dedication. But what you should come to realize as the business grows, is that…
Read MoreWhy you need a team of advisors to sell your business
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…
Read MoreYou Can’t Sell your Business in a Day
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……
Read MoreSeller Financing Benefits Both Buyers And Sellers of Small Businesses
by Dave Driscoll The definition of a good deal is when both parties in a transaction benefit. Seller financing, in which a seller will consider financing a portion of the purchase price paid by the buyer, is a good deal for both that can secure the buyer’s ability to buy. Seller financing increases the probability…
Read MoreAre you Emotionally Prepared to Sell Your Business?
Take these 4 Steps EARLY to Emotionally Prepare Sellers often don’t give much thought to whether they are emotionally ready to sell their businesses. Neglecting to consider the significant life changes that occur can result in depression, anxiety and a general lack of purpose post-sale. Sellers are used to being in the top leadership position in…
Read MorePlanned Retirement vs. Burnout: The difference to your finances will be significant
If you don’t plan BEFORE you’re ready to retire, you are sacrificing business value By Dave Driscoll In a recent Market Pulse Survey published by the International Business Brokers Association (IBBA), M&A Source and the Pepperdine Private Capital Market Project found that retirement is the number one reason that sellers put their businesses on the market. That’s not surprising given the “baby…
Read MoreWhy do we keep hearing about Private Equity?
And how can it help you sell your business? You hear it on the radio, read about it in the papers, some politicians are part of private equity. So what exactly is it? Let’s start by defining a Private Equity Fund, another term you hear all the time. A Private Equity Group establishes a Private Equity…
Read MoreThe Main Reasons To Sell Your Business
Reasons for selling your business There may be some reasons why you are looking to sell your business: Divorce Change in direction Medical, health, personal and family reasons Disillusioned Been approached by an interested party Economic downturn Relocation Cashing in Shareholders split in direction Relocation Bereavement Divorce -In a divorce decree, it’s seldom declared that…
Read MoreHow 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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