Category: Selling

The No Money Down Offer to Buy Your Small Business

We’re seeing more and more “buy a business for no money down” advertisements on social media. David C. Barnett gives us a reasonable explanation of what’s really going on with these kind of offers. Should you ever sell your business to someone with no money?

Why Aren’t Millennial’s Buying Main St. Businesses From Boomers?

A great step-by-step, real world analysis from David C. Barnett’s of what many baby boomer owners are going to discover when they try to sell their business. Keep in mind this isn’t about the specifics of this business. If you’re the owner of a business like this, you need to understand how potential buyers will evaluate your business.

Are You Leaving Money on the Table?

If you’re going to sell your business, you want to maximize the value you recognize from the sale. How do you do that? Chris Jones from Sunbelt Midwest talks us through the three legs of the stool: price, terms and taxes.

Destroying the Myths About Business Valuation

What myths about business valuation do you believe? We’ve talked about the dangers of valuations before, but our friend Clinton Lee from the The Exit Firm reminds us that myths continue to spread. (For those that don’t speak UK remember that turnover is the same as revenue.) Original article here.

I Am in it for the Long Haul – I Do Not Need to Consider an Exit Right Now!

You feel strong. In control. You know exactly where you, and your business, are going . . .and then something changes. Are you ready? Do you know how quickly your situation can change? How quickly your business can change? Mike Williams from Exit Value Advisers tells the simple story of a small business owner that waited too long. No matter how good you feel today, how long will you want to carry the weight? Original article here.