How Long Does It Take to Sell a Business in Indiana?
By Troy Frank, Owner — Indiana Equity Brokers Estimated read time: 7 min The short answer: Selling a business in Indiana typically takes 6 to 12 months from listing to closing. In our experience at Indiana Equity Brokers, well-prepared sellers with clean financials and realistic pricing close in 6–9 months. Sellers who list before they’re ready — messy books, inflated price, no...Read MoreWhen to Create an Exit Strategy
There is the old saying that the time to develop an exit strategy is the day you open for business. Sounds good, but it’s not very realistic. Further, it also isn’t very optimistic. On the day you open for business, thoughts about how you get out of it aren’t pleasant, or helpful, thoughts. However, as you get the business to a place where you have a bit of extra time to plan, you will find...Read MoreAdvantages of Buying an Existing Business
1. Established. An existing business is a known entity. It has an established and historical track record. It has a customer or client base, established vendors, and suppliers. It has a physical location and has furniture, fixtures, and equipment all in place. The term “turnkey operation” is overused, but an existing business is just that, plus everything else. New franchises may offer a...Read More
