When selling your business, you have two options: 1. Sell your business yourself 2. Hire a business broker While it’s possible to successfully sell your business on your own, hiring a business broker often guarantees a quick and painless sale.
http://www.bizjournals.com/bizjournals/how-to/sell-a-business/bizbuysell/2013/11/hiring-a-business-broker.htmlTuesday, November 26, 2013
Thursday, November 21, 2013
Workers Comp rates can make or break a company
I have seen such differences in Workers Comp rates within companies that it is alarming. There are a couple things that can help keep your rates reasonable.
http://www.sunbeltbayarea.net/blog/2013/07/workers-comp-rates-can-make-or-break-a-company/Monday, November 18, 2013
Preparing to Sell: 7 Steps to a Successful Sale
Sellers do not realize the steps that should to be taken to insure a smooth and successful sale of their business. Among the many steps necessary, I’ll mention just a few to get you started:
http://www.sunbeltbayarea.net/blog/2012/12/136/http://grow-business.co/selling-your-business-the-role-of-an-ma-advisor.html
Business mergers and acquisitions (M&A) are complex transactions involving two companies becoming one either by coming together to form one entity or by having one company purchase another company. M&A advisors are often involved throughout the transaction, ensuring a smooth deal and transition.
http://grow-business.co/selling-your-business-the-role-of-an-ma-advisor.htmlSaturday, November 16, 2013
Choosing the Right Business Brokers
Whether you're buying or selling a business, having a broker on your side can make the difference between a successful outcome and a nightmare. However, not all business brokers will be suitable for your specific situation. Use the tips below to choose the right brokers for your needs.
http://www.basearticles.com/Art/1284017/24/Choosing-the-Right-Business-Brokers.htmlTuesday, November 12, 2013
Valuing a Business: What’s Involved
Buying or selling a business requires setting a realistic value for the business. After all, as the seller, you want to get a fair price that accounts for all of your assets, hard work, and business potential. Likewise, as a buyer, you want to get a fair price that accounts for the risk you’re assuming. Both buyers and sellers need to know what the business is worth. This is accomplished through business appraisal.
http://www.thejosephfoundation.com/valuing-business-whats-involved.html/Why Use A Business Broker?
A good business broker is vital in the sale of a business. A business broker acts on your behalf and can successfully guide and execute the sale of your business.
http://www.sunbeltbayarea.net/sellers/why_use_business_broker.phpSunday, November 10, 2013
Choosing the Right Business Brokers
Whether you're buying or selling a business, having a broker on your side can make the difference between a successful outcome and a nightmare. However, not all business brokers will be suitable for your specific situation. Use the tips below to choose the right brokers for your needs.
http://www.artipot.com/articles/1659987/choosing-the-right-business-brokers.htmFriday, November 8, 2013
Finally, a Good Time to Sell the Business
Three years ago, Peter Schoon of Orono, Minn., wanted to sell the technology-services firm he founded with his wife and retire. But the economic downturn put those plans on hold as the company's valuation took a hit. In March, however, the 64-year-old Mr. Schoon finally handed over the keys to System Support Solutions Inc. to buyer Jon Von Rentzell, a laid-off operations executive who financed more than half of the deal with a loan backed by the U.S. Small Business Administration.
http://online.wsj.com/news/articles/SB10001424052702304682504579153573588055100Thursday, November 7, 2013
4 Reasons Sales of Small Businesses Are Booming
I came across this great read the other day about the current state of the small business brokerage market and why we are seeing an increasing uptick in sales. Let me know what you think!
-K
Wednesday, November 6, 2013
Buying a California Business - What to Keep In Mind
Dreams of the "Golden State" may compel you to buy a business in California, but there are a few things you need to keep in mind. You want to look for a company that matches your knowledge and experience before you plunk down a sizeable amount of cash on your dream. That takes a bit of research up front and, at times, some help from a broker.
http://www.artipot.com/articles/1647862/buying-a-california-business-what-to-keep-in-mind.htmSaturday, October 26, 2013
When you want to do a Stock sale but your buyer does NOT
Often times owners of companies may have elected to run their business as a C Corporation vs. an S Corp, LLC or Sole Proprietor. The problem however, is when it is time to sell your company and your financial advisor suggests strongly that you sell it as a stock sale and not an asset sale to save you tax consequences.
http://www.sunbeltbayarea.net/blog/2013/09/when-you-want-to-do-a-stock-sale-but-your-buyer-does-not/Thursday, October 24, 2013
Do you have a billion dollar business hiding inside your company?
Asking customers to pay to join a special group of your best patrons can increase your revenue, encourage customers to buy new products and services from you, and provide a healthy boost to your cash flow.
http://www.sunbeltbayarea.net/blog/2013/09/do-you-have-a-billion-dollar-business-hiding-inside-your-company/Tuesday, October 22, 2013
Buyers being in a Back-Up position on a transaction
We are starting to see some very attractive businesses coming up for sale which is quite exciting since for the last 4-5 years it has been “slim pickins” for buyers. If a business is showing over $300,000 adjusted net the phone will definitely start ringing in the broker’s office.
http://www.sunbeltbayarea.net/blog/2013/09/buyers-being-in-a-back-up-position-on-a-transaction/The hidden goal of the smartest business owners
What are your business goals for the year? If you’re like most owners, you have a profit goal you want to hit. You may also have a top line revenue number that’s important to you. While those goals are important, there is another objective that may have an even bigger payoff: building a sellable business.
http://www.sunbeltbayarea.net/blog/2013/10/the-hidden-goal-of-the-smartest-business-owners/Sunday, October 20, 2013
Buying a California Business – What to Keep In Mind
Dreams of the “Golden State” may compel you to buy a business in California, but there are a few things you need to keep in mind. You want to look for a company that matches your knowledge and experience before you plunk down a sizeable amount of cash on your dream. That takes a bit of research up front and, at times, some help from a broker.
http://www.apsense.com/article/buying-a-california-business-what-to-keep-in-mind.htmlFriday, October 18, 2013
Buying a California Business – What to Keep In Mind
Dreams of the “Golden State” may compel you to buy a business in California, but there are a few things you need to keep in mind. You want to look for a company that matches your knowledge and experience before you plunk down a sizable amount of cash on your dream. That takes a bit of research up front and, at times, some help from a broker.
http://www.basearticles.com/Art/1277464/24/Buying-a-California-Business-%E2%80%93-What-to-Keep-In-Mind.htmlWednesday, October 16, 2013
Due Diligence for lower/mid-market companies
This is done after the LOI has been accepted and agreed to. This period enables a buyer to verify all provided data and review all information about the company. “All” includes anything that would interest the buyer at any level. Most business owners find this disclosure process extremely uncomfortable.
http://www.sunbeltbayarea.net/blog/2013/10/due-diligence-for-lowermid-market-companies/Monday, October 14, 2013
Use Business Brokers When Selling A Business
The technicality of selling a business, especially to buyers that you don’t know, is a demanding task that most business owners shy away from. When you do not want to spend a lot of time searching, you then need to consult the services of business brokers. There are also more instances when business brokers are a necessity. These may include scenarios where large companies maybe harassing you on the sale of your business. A business broker, especially an established one, helps in dispersing the hoards of none performing prospectors.
http://www.articledashboard.com/Article/Use-Business-Brokers-When-Selling-a-Business/2966348Saturday, October 12, 2013
Buying a California Business - What to Keep In Mind
Dreams of the "Golden State" may compel you to buy a business in California, but there are a few things you need to keep in mind. You want to look for a company that matches your knowledge and experience before you plunk down a sizeable amount of cash on your dream. That takes a bit of research up front and, at times, some help from a broker.
http://www.artipot.com/articles/1647862/buying-a-california-business-what-to-keep-in-mind.htm