This paper by Keith Payne, Insurance Industry Business Broker with Sunbelt Business Advisors, tells you how an independent insurance agency is unique and how to best prepare you to sell yours. There are three key items to keep top of mind when considering the sale of your agency: how to maximize the net amount at...
This paper by Doug Pedersen, owner of two eCommerce businesses and a broker with Sunbelt Business Advisors, tells you how an eCommerce business is different from other types of businesses and what you need to do to prepare to sell one. There are three primary considerations when approaching selling your eCommerce business: how to maximize...
There are three primary considerations when approaching such a transaction: how to maximize the seller’s economics, how to time the market and how to make the business financially attractive to buyers willing and able to pay the most. This paper by Dan Mulvaney, CPA (inactive), MBA, Sunbelt Business Advisors tells you how a manufacturing business...
Ownership changes may be brought about by changes in market conditions, retirement, health issues, or succession to a family member or employee(s) and are often accompanied by a number of sub-issues within the overarching transaction, which sub-issues may include the disposition of real estate in some form. For many real estate professionals, it’s easy to...
Methods used to determine the value of an Seller Resources Submitted by Randy M. Krivo, Licensed Business Broker, CMSBB, MBA As a practice sales specialist, the most common question I am asked by practice owners is: “What’s my practice worth?” Not too surprising, potential buyers most often ask: “How much should I pay for a...
This whitepaper outline the 10 top benefits for having an ownership transition plan that Sunbelt Business Brokers use to help seller and business owners plan for the sale or transfer of ownership of their Main Street businesses (we define a Main Street Business as one valued at $1 million or less). Not all firms may...
Buying a business can be an exciting process! When you buy an existing company, you can bypass the hard years that are often involved while building a start-up from scratch. You can often benefit from the lessons learned by the previous owner, who has been through the process of trial and error. If you do...
The sale of your business can be very rewarding! If the process is done correctly, you can receive a great return for years of hard work and leave with a sense of fulfillment. Don’t let common mistakes turn the experience into a nightmare. Many of the pitfalls that business owners run into are a result...
There are many benefits to buying a franchise. You can avoid the headaches of a start-up and open the doors with a recognized name and product line. Franchise owners benefit from brand-loyal customers, company advertising campaigns, and other resources that are already developed and tested. However, the wrong business choice can also bring a long...