
6 Critically Important Aspects of Due Diligence
Performing due diligence as a part of your company’s annual review is a smart move and one that can help your business in a range of ways. Through this means, if the day comes that you need or want to sell, then you’re ready to go. There are six key areas of due diligence that you’ll want to consider. These are aspects that most serious buyers will consider when buying a business. You can...Read More
7 Important Questions to Ask Yourself When Selling a Business
There is no denying the fact that for most people, the decision to buy or sell a business is one of the most important professional and financial decisions that they will ever make. Let’s turn our attention to some of the key questions you’ll need to ask. 1. What is really for sale? You’ll need to determine what is, and is not, for sale. If you own machinery or real estate associated with...Read More
Steps for a Successful Closing
The closing is a pivotal moment in the history of a business as it marks the formal transfer of a business from one party to the next. Behind every successful closing is months of focus and hard work. Simply stated, a successful closing doesn’t just happen, but is instead the byproduct of extensive negotiations. One key document to utilize in the closing process is the Purchase and Sales...Read More
Lack of Experience Can Be a True Deal Killer
Most business owners excel at running their businesses but often lack the expertise needed to sell them successfully. This is where a seasoned brokerage professional can be invaluable.Many business owners try to save money by entrusting the sale of their business to someone with an MBA but without direct experience in business transactions. Unfortunately, this decision can lead to poor...Read More