Business owners should be aware of these 7 mistakes often made when selling a business: 1. Neglecting to run the business during the sales process. The owner of a business can get so involved in the selling process that they slack off once the business is listed for sale and they neglect the day-to-day operation…
Posts Tagged ‘north texas business’
7 Mistakes Owners Make When Selling Their Business
Monday, October 3rd, 2022
Debunking Top 4 Myths About Selling a Business
Friday, August 19th, 2022To the average business owner, there are a lot of preconceived notions about selling their business. Let’s break down the top 4 myths about what it takes to sell a business: MYTH #1: “Selling a Business is Just Like Selling a House.” Selling a business is an entirely…
How Does the Inflation Rate Affect Business Sales?
Tuesday, March 15th, 2022The Cost of Inflation The current inflation rate is the highest it’s been in the last 40 years in the United States. I hear about it every day from business owners. Their employees’ wages, fuel, supplies, taxes, and almost every other cost has increased. When it comes time to sell your business, how does this…
Why Do Owners Decide To Sell Their Businesses?
Monday, December 23rd, 2019Have you been asking yourself, “Should I sell my business now?” If you are not sure how to identify that, consider these 5 critical factors that may be signs that you should start the selling process. Fatigue & Stress Running a business is much more than a full-time job. Over the years the energy…
How Long Will It Take to Sell My Business?
Monday, April 22nd, 2019How To Sell My Business Fast There are many factors that influence how long your business is on the market. Some factors cannot be controlled, such as the current market condition. However, there are many factors that the seller has control of: Asking price in relation to profit Transparency of the financial information Diversification of…
Is Selling A Business Like Selling My House?
Monday, April 22nd, 2019The short answer is no. Business owners are often looking to sell their business in the shortest amount of time possible. The sale of businesses is often compared to real estate sales and the expectation is often that the business will sell within a 30-60 day time frame. This is not an accurate comparison or…
More Offers Means More Money for YOU!
Monday, April 8th, 2019It can be quite flattering when a Private Equity Group, or a client of your CPA or attorney makes an offer to buy your business. However, by accepting their offer, you are potentially missing out on many more offers that could drive up your selling price. Here is What You Need to Do: Take…
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