Archive for the ‘Blog’ Category

Determining the Value of Your Business

Monday, March 23rd, 2020

Once you start thinking about selling your business, the first step in the process of selling your business is to determine the value of your business. There are many methods to help determine the value of a business. These include Asset valuation method, Return-On-Investment valuation method, Discounted Cash Flow valuation method, Capitalization of Earnings valuation…

Why You Should Use a Business Broker

Thursday, February 13th, 2020

Selling your business is a long and tedious process. It consumes a lot of your time and distracts you from the day to day operation of your business. As a business owner your focus should be on maintaining or increasing the value of your business, not on the sale process of your business. An experienced…

Implement. Upgrade. Clean House.

Wednesday, January 22nd, 2020

A new decade and year is upon us. As we start to navigate our way through the new decade and the challenges it brings us, there are a few things to reflect on before we get into full swing. Technology continues to develop and becomes more integral in our daily lives, cyber security becomes more…

Why Do Owners Decide To Sell Their Businesses?

Monday, December 23rd, 2019

Fatigue / Stress Running a business is much more than a full-time job. Over the years the energy required to handle day-to-day challenges can be enormous.  Even when things seem to be well managed, there isn’t an endless supply of energy to deal with daily issues. We have been called many times to sell a…

Three Important Things to Keep in Mind When Selling Your Business

Wednesday, November 27th, 2019

Rising sale prices for businesses have presented sellers with an excellent opportunity to take the leap. In fact, 60 percent of owners are confident that they would receive a favorable sale price if they sold their business today. It can be tempting for owners to jump into a sale. However, it is important to have…

Is Your Tax Strategy Destroying Your Business?

Friday, November 1st, 2019

As business owners, we all know owning a business is not about how much money we make, but it’s about how much money we take home. Realize it or not, we all have an unwanted, silent partner in our business taking a large percentage of the profits….taxes. Most business owners do not want to pay…

3 Ways to Facilitate a Successful Sale

Thursday, October 17th, 2019

It is important to plan carefully and make the move toward selling at the right time. Doing so, can have a positive impact on your selling price. Observing market conditions, preparing your business for would-be buyers and strategically positioning it as a viable business will all play an important role when you decide to sell.…

Why Do Business Owners Choose Gateway?

Thursday, September 26th, 2019

When you are ready to sell your business, it is important to use a business brokerage firm that has a great system in place. The first step is to develop a professional marketing package specifically for your business. This marketing package is what the potential buyer will review after they have signed a confidentiality agreement.…

When is the Right Time to Sell?

Thursday, August 22nd, 2019

The owner of a successful company is considering selling their business, thinking now would be a good time to sell. However, they are told by an outside adviser that since business is good, they should hold on to the business for a few more years and get a higher price for it. On the surface,…

What is the Difference Between a LOI and an OTP?

Tuesday, May 14th, 2019

Buying a business can be quite confusing especially when it comes to agreements, contracts, and the titles that go along with them. You may have heard someone use terms like term sheet, letter of intent, offer to purchase, and purchase agreement. They all sound similar but are they? Let’s break down them each individually so…