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Category: Blog

Selling a Business: Mistakes Sellers Make

Selling a Business: Mistakes Sellers Make Business owners trying to sell their own business are like dentists trying to reset their own broken arm. Just because you may be good at one thing doesn’t automatically make you good at another – especially when that “other thing” requires a good deal

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Selling a Business: The Buyer’s Perspective

Selling a Business: The Buyer’s Perspective I started out last week’s post with this sentence: “Selling a business ain’t for sissies.” Well, I can assure you that buying a business requires even MORE intestinal fortitude. How do I know? ‘Cause I’ve been on that side of the deal, too. Those

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Selling a Business: The Seller’s Perspective

Selling a Business: The Seller’s Perspective Selling a business ain’t for sissies. How do I know? Well, aside from my 20 years of helping business owners sell their business and teaching business brokers how to do it, the impetus for starting Worldwide Business Brokers back in 2001 was my experience

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Valuing Businesses: What Constitutes Value?

Valuing Businesses: What Constitutes Value? Valuing a business: do you know what that entails? Earlier this month, I did a three-part series describing various approaches used to value businesses. The main focus of those posts was correcting some general misconceptions and some bad advice that appeared in an article I

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Selling a Business: Who Owns It?

Selling a Business: Who Owns It? Selling a business involves considering no small number of issues, some large, some small, some complicated, some not so much. But one question that few brokers – and even fewer buyers – ever ask is, “Who owns it?” Or, more generally, who has a

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What’s My Business Worth? Part 3: The Income Method

What’s My Business Worth? Part 3: The Income Method “What’s my business worth?” This post is the final installment in a three-part series on valuing a business. The series was inspired first by an article I read that contained too many errors and misconceptions to be of much help to

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What’s My Business Worth? Part 2: The Market Method

What’s My Business Worth? Part 2: The Market Method “What’s my business worth?” Last week, in Part 1 of this three part “What’s My Business Worth?” series – inspired by an article that I recently read – I discussed the Asset Approach of valuation. I mentioned that the article contained

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What’s My Business Worth? Part 1: The Asset Method

What’s My Business Worth? Part 1: The Asset Method “What’s my business worth?” We get that question all the time. And anybody expecting a more-detailed answer than, “It depends…” is likely to be disappointed. In the 20 years since I founded Worldwide Business Brokers, it has been our experience that

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Business Brokers: The Aftermath

Business Brokers: The Aftermath The Aftermath? What the heck does that mean? Well, when a business is sold, there are three separate aftermaths. The seller has one, the buyer has another and the broker has the third. The aftermath for the broker is something we go over in our course

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