Millions of small-business owners may be delaying retirement to their late 60s or 70s and beyond, in hopes of riding out the sluggish economy and a slump in the sales value of small businesses. After all, what are a few more years on the job, especially if it allows a proprietor to open new lines … Continue reading Why Waiting to Sell Your Business Might Backfire
Danny Sullivan dreams of gardening and spending time with his grandchildren, but that’s just a fantasy. Retirement is out of his reach, at least for the foreseeable future The 62-year-old founder of a small catering company spends his days helping stock bars with beer and ice, wooing potential new clients and juggling the 20 to … Continue reading How The Current Economy Stole My Retirement
When Should I Consider Selling My Business Myself? As a business broker, I am often contacted by potential clients who have tried to sell their business themselves without success. In some cases, they simply never received any takers. Others have found potential buyers, only to find that they were not qualified financially AFTER confidential information … Continue reading Selling Your Own Business
I am often asked by prospective clients how long it will take to sell their company. The short answer is an average of four to eight months. Shows like Shark Tank tend to oversimplify the process because they don’t show is the rather lengthy time required for the Buyer to complete their due diligence, which … Continue reading How to Sell Your Business Faster
Over the past decade, Mohammad Arshad has been in the business of helping entrepreneurs sell their businesses. At Acquisition Services Group, Fitzgerald and his business partner, Barry Evans, field requests from 40 or 50 companies looking for buyers every year. Click here to read the article. MOHAMMAD ARSHAD
It’s unclear how many business owners buy back their companies, though sale prices are at temptingly low levels. According to BizBuySell.com, an online marketplace for small-business acquisitions that tracks market activity, the median selling price for a business is down 30% compared with early 2008. Click here to read the article.
You’ve come to a point in your life when you’re ready to cash in your chips and enjoy life, perhaps you’ve decided to try your hand at another type of business, or perhaps owning a business just isn’t what you thought it would be. The point is, you want to sell your business. Click here … Continue reading Preparing To Sell Your Company – Helpful Tips From A Business Broker at BizBen Blog
Thinking about selling your business? The value of your business probably represents a significant percentage of your total net worth. If you wish to adequately fund the retirement lifestyle you have earned, you must get every last after- tax dollar and get paid substantially all in cash when selling your business. Here are seven proven strategies for receiving the most value for your blood, sweat and tears.
Thinking about selling your business? The value of your business probably represents a significant percentage of your total net worth. If you wish to adequately fund the retirement lifestyle you have earned, you must get every last after- tax dollar and get paid substantially all in cash when selling your business. Here are seven proven strategies for receiving the most value for your blood, sweat and tears.