phillips04sh
5 Reasons to use a Certified Business Broker?
On average, selling a business can take between 6 to 9 months. Here is a list of 5 reasons why using a Certified Business Broker will greatly benefit the seller when selling their business. Read More
Clueless as to how you can sell your business? Then, read on and find out how!
1. Know your business' worth. Obviously, this is the first thing that you need to do. You will need to know how much you are going to sell your business before you do anything else. Read More
When creating a confidential business review for a client it is imperative to maintain proper structure and formatting. A properly structured business review will convey all of the necessary information in a clear and concise way to the client whereas a review that is sloppily formatted can not only confuse and frustrate a client, but it can also misrepresent information. Read More
What is Due Diligence?
Statistics show that nine out of ten people who begin the search to buy a business never actually complete their transaction. While there are many contributions to this, one of the biggest reasons buyers back out is because of the fear of uncertainty. Read More
In a traditional property or business purchase, the buyer pays for a property using a loan from a bank or other institution. However, when obstacles such as lower credit ratings block the way, a creative solution may be seller financing. Read More
For small business owners, finding financial security can be a difficult feat that is often rife with many uncertainties and tough decisions. Business owners need to look at their overall financial situation and find out what will be the most beneficial plan for both their personal lives and their business in the long run. Read More
Recasting is the adjustment of the financial statements to truly reflect the actual financial benefits of that business ownership. Recasting is done to change the companies’ financial statements from tax basics to economic terms. Read More
Determining the value of a business can be difficult and confusing. Many equations and opinions have convoluted the process. A few basic factors will allow you a clear understanding of the valuation process. Read More
