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 […]
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 […]
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 […]
Importance of Keeping your Business Sale Confidential
Selling a business is a fairly complicated process, and there are a lot of important steps that need to be taken to ensure a smooth and successful transaction. First and foremost, you need to be well prepared with organized and detailed information that will help prospective buyers obtain a good understanding of your business, and […]
Selling Your Business During a Global Pandemic
Many business owners who have been planning to sell and cash out from their life’s work have been concerned that they may not be able to do that for a while because of the COVID-19 pandemic. The coronavirus outbreak has certainly impacted every business in one way or another, but this does not necessarily mean […]
How Do I Know When It is Time to Sell my Business
Your business is your baby, you have invested years of blood, sweat, and tears birthing it, nurturing it, and growing it to profitability. Along the way, there have been many ups and downs; but through it all, you have experienced great joy in the journey. With so much of their lives invested in their business, […]
It’s a Seller’s Market for Many Businesses
When the novel coronavirus pandemic caused the country to lock down last March, many people assumed that this would trigger a glut of businesses for sale, with savvy buyers swooping in to snap up bargains at pennies on the dollar. It was also thought that business owners would have a difficult time selling, and that […]
Choosing the Right Tax Structure for Selling a Business
If you are considering selling your business sometime in the not-too-distant future, one issue that will most certainly factor into the transaction is taxes. Since most business owners have never been through the process of selling their company in the past, this is usually one of those great unknowns, and it can be a very […]
When is the Best Time to Sell a Business
For every business owner, there will come a time when they need to exit the stage. Some will turn their business over to the next generation, while others might want to sell to employees or an outside party. Most people exit businesses for lifestyle rather than financial reasons. Some common reasons may include retirement, health […]