Why Due Diligence Is Critical When Selling Your Business
Congratulations! You’ve just received a Letter of Intent (LOI) from a prospective buyer. But before you celebrate, it’s important to remember: the work isn’t over yet. In fact, receiving an …
How Excess Concentration Risk Can Impact Selling a Business
When selling a business, buyers look for stability, profitability, and long-term viability. However, one major red flag that can derail a sale is excess concentration risk—when too much of your …
Do a Little Digging: Avoid These Common Challenges in a Business Sale
Selling a business has many challenges, which is why it’s important to consult with a professional business brokerage/M&A firm. Below are just two samples of potential challenges Sellers should consider …
How to Choose the Right Business Broker
Selling your business is one of the most significant decisions you’ll ever make. To ensure a successful outcome, partnering with a skilled and experienced business broker is essential. The right …
Why Confidentiality is Key When Selling Your Business
Selling your business can be an exciting milestone—whether you’re planning to retire, move on to a larger venture, or simply cash in on your hard work. However, revealing the news …
How Tech Innovation Boosts Marketability When Selling Your Business
In today’s rapidly evolving marketplace, technology plays an increasingly vital role in the valuation and marketability of businesses. For business owners planning to exit, leveraging the latest tech innovations can …
How to Prevent 4 Major Financial Mistakes When Selling Your Business
As a business owner, you know that the financial health of your company is the backbone of your operation. When it comes time to sell your business, keeping disorganized financials …
Selling Your Small Business? 7 Reasons to Avoid Overpricing
When it comes to selling a business, one of the biggest challenges for owners is determining the right value. Many business owners have an inflated sense of their company’s worth, …
Essential Steps to Prepare for Buying a Business
Buying a business is a significant decision that requires careful consideration and planning. Here are some essential steps and questions to ask yourself to ensure you’re fully prepared for this …
Preparing for Retirement: Selling Your Business as a Part of Your Exit Strategy
As a small business owner, you’ve poured countless hours, energy, and passion into building your business. As you approach retirement, it’s crucial to have a well-thought-out exit strategy that ensures …
