phil, Author at Phil Reese Sells Arizona Businesses

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

Selling Your Business During the Covid-19 Pandemic

Selling Your Business During the Covid-19 Pandemic

Selling Your Business During the Covid-19 Pandemic The Covid-19 pandemic has caused many businesses to grind to a halt. Some have been able to adapt and find new ways to meet the needs of their customers, but others haven’t been able to do much more than sit back and wait. For many long-time business owners, this pandemic has proven to be another in a long line of setbacks, including numerous recessions over the last couple … Continue reading

“I Don’t Need A Business Broker To Help Me Sell My Tempe Business.”

Speak to Arizona Business Broker Phil Reese to discuss selling your company

That was the response of a particular business owner.  Unfortunately for him, he was wrong.  It ended up costing him a lot of money.  How? He found a buyer he thought was perfect and decided to carry a note for half of the selling price.  He did this because most business sales transactions are done in this manner. Continue reading