The Small Business Administration (SBA) just stepped up in a big way to help you sell your business by bringing more buyers. The SBA recently announced changes to the popular 7(a) loan program. It is expected to cause thousands more businesses in America to be sold this year. Since 1953, the SBA has been assisting small businesses. . .
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. This includes avoiding mistakes that will hurt your. . .
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Understanding the emotions of selling your business, 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. . .
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Small business owners benefit when they hire a business broker to sell their business. The business broker works on their behalf to find qualified buyers. But they also do so confidentially. What should you look for in a broker to sell your business? First of all, ask a lot of questions. How to Start A. . .
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