Guest posts on ExitPromise
As an intermediary, I have many conversations with business owners about how much their business is worth. As these conversations progress, owners realize that it’s not how much they make, it’s how much they can keep that truly matters. The subject of the cost to sell a business, or what an owner could net after …
The COVID 19 Era has begun. In addition to lives lost, there’s an economic toll that has yet to be determined at the time this content is being written. With small businesses on life support, these are scary times for business owners and for the intermediaries helping owners navigate through them. So how has COVID …
As a business broker serving business owners who want to explore their options for exit, I get this question at almost every listing appointment: “How long will it take to sell my business?” The research indicates the answer is as follows: For businesses that sell for under two million dollars, the IBBA’s research indicates it’s going …
Tips for Expediting the Sale of Your Small Business Read More »
As a business intermediary helping owners determine the “Most Probable Sales Price,” or MPSP of their businesses here in the Triangle, I hear a common question: “That value makes sense, but what about all my stuff? Can I get paid for that too?” The answer is… Read the entire post on Exit Promise!
“Doing deals can be expensive. A lot of entrepreneurs want to save money by not hiring an advisor or they don’t know when they should make the investment on an advisor. It’s important to understand the roles of the broker and other advisors, especially legal counsel, and to know when to bring in a professional. …
“Most sellers are not sure if they are ready to sell until they know what their business is worth. In fact, the conviction to sell comes when the “pain point” exceeds the value of the business to the owner. A Broker’s Opinion of Value, or BOV, can help an owner determine what the business would …
How Can a Broker’s Opinion of Value Help a Business Owner? Read More »
“With opportunity comes complexity, as a business transaction becomes a business and a real estate transaction when the real estate is included. This requires a business owner to understand the differences between a business broker vs real estate broker. Both may be part of the transaction. Let’s explore…” Read the full article here: 5 Differences …
5 Differences Between a Business Broker & Real Estate Broker Read More »
“We all want to get the most money for our businesses, but there are other things we desire as well. Summarized below are the top seven important deal terms when selling a business which have little to do with the business’ selling price:” Read the full article here: Top Seven Important Deal Terms When Selling …
Top Seven Important Deal Terms When Selling a Business Read More »
“As a business broker in North Carolina, I’m focused on seller representation. But I need great buyers to match with my great seller’s opportunities. Here are a few things that help get a buyer to the front of the line when a great seller opportunity hits the market:” Read the full article here: How to …
How to Successfully Acquire A Business In A Seller’s Market Read More »
“As part of selling your business, the lease can be one of the most overlooked barriers to completing the deal. The buyer and seller may have a “meeting of the minds” when it comes to the lease, but if it isn’t assigned they have nothing to buy or sell. Let’s explore a few of the common …
Commercial Lease Assignment When Selling Your Business Read More »
