Transferring Your Lease after a Business Sale
Selling a business involves more than just selling the name, equipment, inventory, goodwill, and clientele. In many cases, you will also be turning over the physical location of your business to the new owner. And if you have an active lease for the commercial space that you occupy, then the buyer will probably want to […]
When to Sell Your Business
You might be considering whether now would be a good time to sell your business. If you look at the very strong seller’s market in residential real estate, you can’t help but wonder if similar things are happening with business sales. There is certainly plenty of optimism among CEOs and CFOs. According to Dykema’s annual […]
When To Think About Selling Your Business
If you have been in business for a while, you have probably found yourself wondering (at least occasionally) what things would be like if you were free of the stress of owning your business. Perhaps you are not as passionate about the business anymore, and running it is becoming more of a struggle. But maybe […]
Importance of Owner Flexibility When Selling a Business
Selling your business will most likely be among the most complicated transactions you will ever be involved with. It will take a lot of time and preparation to get the business ready to put on the market, and it could take several weeks or perhaps months to find the right buyer. In the current economic […]
Are You Really Ready to Sell Your Business
You have worked for years to build your business. You have put in countless hours of blood, sweat, and tears, and you have turned it into a successful enterprise. But now you are thinking about getting out. The decision whether to sell a business is most likely one of the most important decisions of your […]
Why the New Year is a Great Time to Sell Your Business
For many people, the New Year is a time for reflecting on where they are in their lives and creating resolutions in areas where they want to make improvements. This is also a time to consider pursuing new career opportunities or perhaps retirement. If this means the possibility of selling a business in your case, […]
What to Look for When Choosing a Business Broker
Selling a business is often a once-in-a-lifetime transaction, although some entrepreneurs have started and sold multiple businesses in their careers. This process can seem overwhelming for most owners with very little experience with the business sales process. A successful business sale starts long before the business is on the market. There is a lot of […]
How Can a Business Broker Help Me Get a Better Price When I Sell
If you are looking to sell your business, the thing that is probably on the top of your mind is how much money you can get for it. After all, you have put many years of your life into this business, and you want to make sure you walk away with a good price for […]
What Are the Characteristics of a Serious Business Buyer
Selling a business is very complicated transaction, and there are far more complexities involved with a transaction like this than something like residential property, for example. For business sellers, the process requires a lot of patience as you prepare for the sale and deal with prospective buyers. Few things try the patience of business owners […]
Putting Yourself in Your Buyer’s Shoes When Selling a Business
When you are getting ready to sell your business, there is a lot to think about, and a lot of preparation that goes into the process. This is most likely the largest and most consequential transaction you have ever been involved in, so it is very important to plan properly and do everything possible to […]