BizBuySell reports that owners are receiving higher prices for their companies and that the number of transaction saw an extreme increase of 49% in 2013. BizBuySell collects data from business brokers such as Sunbelt Business Brokers of Minnesota. In 2013 business brokers reported over 7,000 transaction up from approximately 4,700 transaction in 2012. The report...
Why is now Finally A Good Time to Sell? A recent Wall Street Journal article answers that question by evaluating a Technology company SOLD by Sunbelt. Chris Jones, Managing Partner for Sunbelt Business Advisors in Minnesota discuss the details of the article on Growing Your Business So You Can Exit in Style on The Patriot...
Once you start to market your business for sale, expect to receive requests for more information. In the business sale process “more information” is not delivered in bits and pieces and is given to serious prospects only after they sign a confidentiality agreement. Whether your business is smaller or impressively large, if you are selling...
Clients are understandably concerned about confidentiality when selling a business. Keeping the sale of a company quiet while we talk to as many qualified buyers as possible requires a methodical process. Here’s the Sunbelt process: The Target List: First and foremost we do our homework. Who should we approach and even consider disclosing to? What...
Determining how much your business is worth so you can decide how much to sell it for is an important issue. Obviously, you do not want to price it too low and leave money behind, but you also do not want to run buyers off by asking a price they find out of line. The...
What is the #1 question business owners ask? Chris Jones, managing partner for Sunbelt Business Advisors answers this question and more on The Patriot Radio AM1280 [audio mp3="https://www.sunbeltmidwest.com/wp-content/uploads/2016/12/botw-sbb-1-072213.mp3"][/audio] Sunbelt helps people confidentially buy and sell businesses whether you plan on selling your business now or in 10 years. Find out what your business is worth...
Who Should Help You Sell Your Business – Assembling Your Business Sales Team Before putting the sale into motion, tap into the expertise you need to construct, negotiate, and steer your sale to a positive end. Work with your accountant, attorney, and broker – all under the protection of confidentiality agreements – instead of relying...
Strengthen Your Business Before Sale The stronger your business is before you put it up for sale, the quicker it will sell, and the higher the price it will command. The most obvious attribute you want to present has to do with the financial condition of your business. because almost all buyers will want to...
Of all the factors that affect the sale readiness of your business, its financial condition tops the list. It-s difficult to look attractive to a prospective buyer unless you can showcase a good financial history with growing revenues and earnings, all documented in well-presented financial records Your business may keep financial records in the form...
