Buying or Selling Archives - 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

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

Why Do People Sell Their Business?

Why Do People Sell Their Business

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. … Continue reading

The Legal Considerations of Buy-Sell Agreements

The Legal Considerations Of Buy-Sell Agreements

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 … Continue reading

How To Choose A Tempe Business Broker

How To Choose A Tempe Business Broker

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 … Continue reading