Thanks to all the business owners who attended the seminar “2014: Finally A Good Time to Sell Your Business”. The seminar room was packed! Thanks to Hellmuth & Johnson for hosting the event.
We received great feedback after the seminar. Here were some of the high level subjects:
- Think Like A Buyer When it Comes to Valuing Your Business
- Buyers Value Businesses based on RISK and GROWTH factors
- Recast your financials to show your True Earning Power
- ONE Buyer = NO Buyer whereas MULTIPLE buyers create a better sale price and terms
- It’s not just about price. Your deal “design” should be a 3 legged stool 1) Price 2) Terms 3) Taxes
- It’s not what you sell for, it’s what you NET
- Create a Confidential Business Profile to highlight the value drivers of your company
- If you want to know what your business is worth talk to someone who sells businesses for a living….like Sunbelt.
- Don’t pay for a valuation. Talk to a Sunbelt Business Broker for a complimentary value range.
- Business sales were up 49% in 2013 and we expect activity, and average sale prices, to continue to increase. Now is an excellent time to sell your business.