November 18, 2019
Valuing Businesses
Share This: <> Valuing Businesses Valuing businesses is always a hot topic for us, whether we’re working with business owners, business brokers or students of our course, The Basic “How To” of Becoming a Business Broker™. Valuing businesses is, after all, the essence of being able to sell them. Without
November 11, 2019
Selling Franchises
Share This: <> Selling Franchises Does selling franchises make sense for a business broker? Well, yes and no. Over the years, we’ve been approached by various companies – both franchisors and franchise brokers – about our brokers selling whatever brands those companies have on offer. After plenty of consideration, a
November 4, 2019
Buying vs Starting a Business
Share This: <> Buying vs Starting a Business Buying vs starting a business… Which makes more sense? I often speak to groups of potential entrepreneurs and this question always comes up. The answer, of course, is that it depends. It depends on the amount and availability of capital each approach
October 28, 2019
Business Brokers Needed? More Evidence
Share This: <> Business Brokers Needed: More Evidence Are more professional business brokers needed? More evidence surfaces every day. Judging by the volume of email we receive every week – from reports in business magazines, newspapers, financial planning journals, demographers and countless other sources – the resounding answer is “YES!”
October 20, 2019
Selling a Business: Five Things to Consider
Share This: <> Selling a Business: Five Things to Consider Five things?!? Just five things to consider when selling a business?!? Are you kidding me? Well, yes; there are TONS of things to consider when selling a business but, like all posts, I’m trying to keep this one under 1,500
October 14, 2019
Business Owners: Selling to the Enemy
Share This: <> Business Owners: Selling to the Enemy As a business broker, many times you’ll realize that the ideal buyer of one of your clients is, in fact, your client’s competitor. In such an instance, your client will realize that doing the deal will be tantamount to selling to
October 7, 2019
Business Brokers: Getting the Deal Financed
Share This: <> Business Brokers: Getting the Deal Financed If you plan to work as a professional business broker, getting the deal financed will be a key issue in almost every transaction that you work on. Lining up financing for the purchase of a small or mid-size business can be
September 30, 2019
Business Brokers: Sellers Retaining Assets
Share This: <> Business Brokers: Sellers Retaining Assets Sellers retaining assets is not unheard of in our business, especially when we get into the lower Middle Market and above or when we’re working with a very specialized business. When we assist with the sale of a business, it is generally
September 23, 2019
Business Brokers: Finding Buyers
Share This: <> Business Brokers: Finding Buyers One of the questions we get most often from folks who are interested in enrolling in our business brokering course – especially real estate agents – relates to finding buyers. How do we do it? Well, there are dozens of ways to find
September 16, 2019
Selling a Business: What’s the Future Hold?
Share This: <> Selling a Business: What’s the Future Hold? Over the past couple of years, I’ve written often about how frothy the market for business sales – and the demand for good business brokers – has been. But if you’re selling a business, what’s the future hold? From the
