The Process of Selling a Business So, you’re thinking of selling your business and riding off in to the sunset, but how do you do that? Here are the 8 basic steps in the selling process: 1. You make the decision to sell your company Why do you want to sell? Are you burnt out and are ready for a change or just ready to retire? Or perhaps there are financial reasons and you need
Why Do People Sell Their Business? There are many things to consider when selling your small business and many precautions to take along the way. The first thing is to identify your WHY? Why are you selling your business? The answer can change everything, from how fast you can sell to how much you can sell for. Since buyers always ask why the business is being sold, be honest, sincere and thoughtful with your answer.
Buying a business? Need MONEY? An SBA loan may be the way! New SBA rule changes for 2018 equal new opportunities! When considering buying a business, many entrepreneurs will look for a loan. Standard commercial business loans can be costly and hard to qualify for, especially for small businesses. They are also risky to the lender! This can leave new business owners left out in the cold. To even the playing field, way back in
Will a Tenant Improvement Result in Better Resale Value for My Business & Commercial Property? If you own a commercial property and the business that is run out of it, making improvements to the property can certainly improve its value, as well as keep your future tenants satisfied so they are more likely to stay. You may even be able to charge more rent. However, you have to make the right tenant improvements to get
The Legal Considerations of Buy-Sell Agreements A buy-sell agreement, also known as a buyout agreement, is a legal contract between multiple owners of a business. Buy-sell agreement can apply to various business forms, including partnerships, limited liability companies, and corporations. In a buy-sell agreement, business owners agree on the conditions—and sometimes the requirement—that one or more other owner’s share in the business can be purchased. Buy-sell agreements can be useful to avoid deadlock between co-owners
To Sell or Not to Sell, How to Decide You’ve made many decisions over the years about where your business is going and now may be the time to mull over a “final” decision. Should you let someone else take over the reins and sell your business? See if any of the following reasons apply to you: You’ve taken your company as far as you can without having to make major improvements and/or a large
How To Choose A Tempe Business Broker Choosing the right Tempe Business Broker to sell your business is one of the most important decisions you will ever make. If you choose right, you will most likely end up selling your business and for the most money possible. If you choose wrong, you may not sell your business or may leave money on the table. Below is a list of questions you should ask when interviewing
What Goes Into Selling A Business In Phoenix Selling a Phoenix business is much harder than it looks. It would be great, if you could just wake up one day and decide, “Today I am going to sell my business!” And then, you sell your business. Reality is far from it. Selling a business, in Phoenix or elsewhere, is an involved and complicated process. Selling a Phoenix Area Business is Tough Selling a business, is
Why You Should Use a Scottsdale Business Broker and Not Try to Sell Your Company By Yourself. Why You Should Use a Scottsdale Business Broker and Not Try to Sell Your Company By Yourself. Here are a few reasons why hiring a business broker can truly pay off. Scottsdale, Arizona Any business owner who has tried to sell a business on their own will tell you it’s a long, tedious and very stressful process.
Have You Ever Considered Selling Your Arizona Business? Have You Ever Considered Selling Your Arizona Business? If you have ever thought about selling your Arizona business, now is one of the best times ever because of the following reasons. Scottsdale, Arizona If you own a business in Arizona, you either already have or sooner or later will be thinking about selling your business. Running a business is very involved, challenging and time-consuming, but it can
Proper Valuation of Your Business and How It Is Conducted. Proper Valuation of Your Business and How It Is Conducted. Detailed records are of the utmost importance in order to conduct a proper valuation of your business. Scottsdale, Arizona Congratulations on your decision to sell your business. Now what? You’ve heard of first things first. Well the decision to sell IS first. The second step is figuring out how much your business is worth. Selling
Quarterly Survey Shows that Business Transactions are Up Thanks to Low Interest Rates and Increased Marketplace Confidence The Main Street Market Remains a Buyer’s Market, but the Trend is Shifting, and the Lower Middle Market Will Soon Offer More Opportunities for Buyers PHOENIX, June 21, 2015 — Business transactions were up across the board in the first quarter of 2015, according to the Market Pulse Survey from the International Business Brokers Association (IBBA), the M&A
How Much Is All My Hard Work Worth? How Much Is All My Hard Work Worth? My partner and I had been working hard for over five years building up our business and I wondered what all our hard work was worth! Phoenix, Arizona Owning and running your own Arizona business is time consuming, exhausting, takes a lot of energy, work and knowledge, but if done right, it can be one of the most rewarding
How Do You Keep the Sale of My Business Confidential? This is one of the most common questions I get asked by potential sellers. Most sellers are very concerned about confidentiality. In most cases, the seller does not want their employees and vendors knowing their company is for sale because it can be very destructive to the business. If employees find out, they may panic and think the new owner will get rid of them.
How Do I Find a Buyer For My Business? That’s easy. Hire an experienced Business Broker to market your business and don’t try to do it yourself. How Do I Find a Buyer For My Business? Here are some of the things I do to market my listings and attract potential buyers! Making the decision to sell your business is not one to make lightly. However, once you have arrived at the conclusion that you
How Are Business Acquisitions Financed? How Are Business Acquisitions Financed? When buying or selling a business in Phoenix, it is important to know upfront how deals get financed so there are no surprises or false expectations. Phoenix, AZ Selling your business can be a hassle and a challenge, which is why the help of an experienced Phoenix Business Broker offers tremendous value. The process of finding a suitable buyer alone oftentimes takes much longer than
“I Have No Intention of Ever Selling My Business” “I Have No Intention of Ever Selling My Business.” It is never too early to consider and plan your future exit from your business! Scottsdale, AZ Running your own business can be very rewarding. Maybe you have built your company from the ground up and have watched it grow or maybe you took over a failing business and turned it into a successful enterprise. So it
“I Don’t Need A Business Broker To Help Me Sell My Tempe Business.” “I Don’t Need A Business Broker To Help Me Sell My Business.” While you might feel you can sell your company yourself, using a licensed, experienced Arizona business broker is important in making sure you don’t lose out. Mesa, AZ If you think you may be able to sell your company on your own, because you have previously negotiated the sale of
How To Make 2016 One Of The Most Profitable Years Of Your Life! How To Make 2016 One Of The Most Profitable Years Of Your Life! Now is the time to cash in on your business. The business sales market is improving and Arizona Business Broker Phil Reese can help you sell your company. Mesa, AZ If you are a business owner, how can you make 2016 one of the most profitable years of your