Author: exitoasis

Video: WE SOLD THE BUSINESS!!

Note: There’s the how-to, the financial considerations, and the impact on the owner, but there’s more to it.  Interesting to see how this teen reacts to the sale of his Dad’s business.  Obvious pride.  A unique reminder that family gets impacted by the sale.  

What Is Seller’s Discretionary Earnings?

Note:  A very solid effort at defining Seller’s Discretionary Earnings — probably the single most important thing to understand for most business owners. What is Discretionary Cash Flow? A seller’s discretionary earnings are the pretax and pre-interest profits before non-cash expenses, one owner’s benefits, one time investments, and any non-related income or expenses.

Why Businesses Do Not Sell

Note:  A solid article highlighting some of the key issues business owners need to address before a sale. It would be nice to live in a world where every business-for-sale was sold at top dollar. While there is no such thing as a perfect business free from all defects, there are a number of problems that can hinder a sale that could be remedied, if given enough time.