phil, Author at Phil Reese Sells Arizona Businesses

What Are The Pros & Cons Of Buying An Independent Business Vs. Buying a Franchise?

What Are The Pros & Cons Of Buying An Independent Business Vs. Buying a Franchise?

What Are The Pros & Cons Of Buying An Independent Business Vs. Buying a Franchise? Professional Business Broker’s Guide To Help You Decide Whether To Buy a Local Business Or a Franchise In Arizona You may have dreamed of owning your own business for a long time. You love the idea of being your own boss, and you want the financial freedom that being a business owner can offer. You may have kicked around a … Continue reading

Do I Need Help From a Business Lawyer To Sell My Company?

Do I Need Help From a Business Lawyer To Sell My Company?

Do I Need Help From a Business Lawyer To Sell My Company? The Importance Of Hiring An Experienced Attorney When Selling a Business In Arizona Working with a business broker to sell your company can ensure that you get the best price for the business you have worked so hard to build over the years. Your business broker can also help connect you with qualified buyers, can oversee the due diligence process, and can help … Continue reading

Business for Sale: How Long Does It Take to Sell?

Business For Sale: How Long Does It Take To sell Featured Image

Business for Sale: How Long Does It Take to Sell? Arizona Business Broker Explains How Long It Takes To Sell A Business Once you decide to sell your business, you may be in a hurry to get it done as quickly as possible because financial difficulties or family issues have arisen, creating some urgency behind the sale. Unfortunately, the process may take longer than you would like. The data shows that on average, a business … Continue reading

How do I Find and Choose a Good Buyer for My Business?

How do I Find and Choose a Good Buyer for My Business

How do I Find and Choose a Good Buyer for My Business? Selling a business is not like selling a house. You can’t just decide to sell, list it on a website, and wait for the offers to roll in. You need to take extra steps to make sure that your business gets in front of the right buyers – buyers who properly understand the business and its potential, and who have the financial resources … Continue reading

Is This a Good Time To Sell My Business?

Is This a Good Time To Sell My Business?

Is This a Good Time To Sell My Business? The answer is… Actually, there are three possible answers…Yes, Maybe, or No It depends on what category your business falls in. The answer is Yes if the following apply. 1. Your business is profitable. Preferably making at least $100K a year in profits. 2. You have multiple employees and are not doing everything yourself. 3. You have been in business for at least three years. Discuss … Continue reading