Sell Your Business Archives - 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

The Process of Selling a Business

A picture showing Basic steps in the selling process

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 … Continue reading

To Sell or Not to Sell, How to Decide

To Sell or Not to Sell Your Scottsdale AZ Business, How to Decide

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 … Continue reading