Most of the businesses I represent for a sale have some type of social media presence. But the extent depends on the industry and the owner’s attitude towards it. In response to the question: Does social media impact the value of your business? The answer is as clear as “it depends.” Are you actively managing. . .
As a business broker, I get asked a lot of questions. But the one I like the most is “What is my business worth?” While it’s a simple question, it’s not asked frequently enough. Business owners usually have the majority of their net worth tied to their business. If you don’t know your business’s worth. . .
When a business owner is in the process of selling a business, there’s not usually much thought into the employees’ role in the selling of a business. It’s easy to get caught up in the paperwork, due diligence, and meetings with advisors. Thoughts of fishing and traveling with your significant other start to creep into. . .
Whoohoo! You have a buyer. Someone is willing to pay the asking price for your business. The deal is as good as done right? Not so fast says Bianca Evans, Business Broker with Transworld Business Advisors. While having two parties agreeing on a price is a huge hurdle cleared, it’s important to know that there. . .
We all want easy. The truth is, buying or selling a business may be the most complicated transaction you will ever do. One symptom of frustration that can occur is deal fatigue. It is simply one of the symptoms of issues during negotiations. But the good news is deal fatigue can be avoided. Here’s the. . .