How do your books look? When you are aiming to sell your business, it’s worthwhile to take a close look at your record-keeping through the eyes of a potential buyer. You’ll want to understand how your tax-saving strategies will look to a prospective buyer, for example. An accountant can view your records based on generally. . .
The Small Business Administration (SBA) just stepped up in a big way to help you sell your business. The SBA recently announced changes to the popular 7(a) loan program that is expected to cause thousands more businesses in America to be sold this year. Since 1953, the SBA has been assisting small business in ways like counseling, contracts and perhaps most. . .
When you’re selling your business, you need a good team to help you make it happen. That team should include your business broker, your accountant and your attorney. While many attorneys have a great skill set, it’s essential to have one with specific expertise in transaction law. Why? As a business broker, I’ve seen deals. . .
It might be hard to fathom now, but someday, you will exit your business.The decisions you make now will determine if it’s on your terms or not. If you are one of the savvy few, you will prepare today for the eventual sale of your business. For most, this is the ideal outcome because, upon. . .
Scared, Excited, Worried, Optimistic, Nervous, Joy, Sadness, Anticipation ……Yes to all those. If you are selling or buying a business, chances are you will feel all the emotions above sometime in the process. Bianca Evans, consultant with Transworld Business Brokers explains that it’s rare that a business owner doesn’t feel some cocktail of emotions when. . .