Difficulties In Selling A Business Without A Broker

Difficulties In Selling A Business Without A Broker

Some business owners attempt to sell their businesses themselves, and they soon find that the sale of a business is prohibitively difficult to accomplish without a broker (or someone) acting as an intermediary for many of the following reasons: The seller often doesn’t know how to properly value the business. […]

Buying an existing business or start your own?

Buying an existing business or start your own?

The truth is either option may be right for you. You will have to examine the pros and cons of both and determine what works best for you and your situation. Different situations both in your life and in your personality should determine what route you take, if any at […]

Facts and Figures regarding Buying or Selling A Business

Facts and Figures regarding Buying or Selling A Business

2005 through 2015 has seen a dramatic increase in the number of strategically motivated buyers versus purely financial buyers. About 8% of all small businesses are franchises (and this number is growing). 80% of all small business sales involve the seller providing some form of financing for the buyer. Typically […]

International Business Brokers Association

International Business Brokers Association

The International Business Brokers Association (IBBA) today has more than one thousand six hundred fifty cooperative business brokers and intermediaries across Australia, Europe, Asia, Mexico, and the United States making it the largest international non-profit association that operates exclusively for the benefit of people and firms taking on the various […]

Buying a Business

Buying a Business

Buying a business is a big step in your life. Owning your own business may be one of the most rewarding experiences when things are going well, and one of the most stressful experiences when things are going bad. The majority of people interested in buying a business have never […]

Selling Your Business

Selling Your Business

Selling your business is a big decision, especially considering that you have most likely spent a large amount of your time, money, and energy building it in the first place. So once you decide to sell your business, then you have to start looking at the process of doing so. […]

The Fair Deal Versus The Best Deal

The Fair Deal Versus The Best Deal

Other professionals who can and often do act as intermediaries in the purchase and sale of a business are lawyers and accountants. This brings me to my first of fifteen laws of the business buying and selling jungle: Strategic Jungle Law #1: “Lawyers are deal killers!” There certainly is an important […]