Archive for January, 2017

7 Things to Consider When Selling Your Business

Consideration Number 1 – Not Advertising Your Business Correctly. In order to sell the business it must be advertised. Before you select a business broker, ask them about their advertising, the cost, the coverage, the expected responses and what markets they target. Do they simply put your business on 3 or 4 sites and hope for the best or are they more aggressive with placement and work hard to put … Read the full post »

Common Business Sales Myths

The typical business owner will only sell a business once. Understanding the complex process involved will help produce the best results, but don’t fall prey to the myths that can derail or seriously affect a potential sale.

Myth #1 – I Can Sell It Myself

The market approach sets a value based on the values of other similar businesses that have been sold. Setting the market value involves researching the sale prices … Read the full post »