by Diane LoupeOctober 5, 2019 Buyer Articles, Buyer FAQ, Seller Articles, Seller FAQ, Selling a business, Small Business0 comments
Great Tips To Help Find a Buyer for Your Business
No one keeps a business forever. At some point, you’ll either want to sell your business or have to retire. When you’re ready to sell, it is important to streamline the process, minimize the stress, and also receive top dollar. In a recent Forbes magazine article, “How to Find a Buyer for Your Business,”serial entrepreneur Alejandro Cremades explores the most...Read Moreby Diane LoupeSeptember 9, 2019 Business Valuation, Buyer Articles, Buyer FAQ, Buying a Business, Seller Articles, Seller FAQ, Selling a business, Small Business0 comments
Where Did the Cash Go? Add-Backs to Consider When Buying a Business
C. David Chambless, president of Abraxas Business Services and a former GABB president. By C. David Chambless, president of Abraxas Business Services Evaluating the earnings potential of a small-to-medium sized business, particularly one with a single owner, is challenging. Often, a primary objective of these entrepreneurs is to make as much money as they can, while paying as little in...Read Moreby Diane LoupeOctober 4, 2019 blog, Buyer Articles, Buyer FAQ, Buying a Business, Selling a business, Small Business0 comments
Business Buying Scams to Avoid
By Linda Collett, J.D., GABB Affiliate If a potential client comes to you with something that sounds fishy or too good to be true, trust your gut. Here are some red flags: 1. They want you to hold money in your escrow account (usually a large dollar amount so the deal is attractive). The risk is that the deal or client requires you to transfer some or all of the money...Read MoreA Closer Look at 3 Major Factors to Consider When You Buy a Business
The simple but undeniable fact is buying a business is one of the single greatest financial decisions a person can make. Buying a business can lead to great financial success or great financial failure. This fact helps to underscore why it is so important to work with an experienced broker who can help guide you through the often labyrinthian process of buying a business. In a July 2019...Read MoreDo You Know What Kind of Business Owner You Really Are?
Does your business have real, long-lasting longevity or is your business a temporary entity that will vanish the second you stop working on it? In his insightful article in The Business Journals entitled, “Are You Living for Today as a Business Owner or Building Value?” author Kent Bernhard asks a very important question of readers, “Are you a lifestyle business owner or a value...Read MoreBusiness Buyers Can Leverage SBA Lending
Finding the money to start your own small business can be a challenge. Over the decades, countless people have turned to the Small Business Administration (SBA) for help. A recent Inc. Magazine article, “Kickstart Your Business Dreams with SBA Lending,” by BizBuySell President, Bob House, explored how SBA lending can be used to the buyer’s advantage. The article covers the basics of an SBA...Read Moreby Diane LoupeJune 29, 2019 Buyer Articles, Buying a Business, Seller Articles, Selling a business, Uncategorized0 comments
How Employees Factor into the Success of Your Business
Quality employees are essential for the long-term success and growth of any business. Many entrepreneurs learn this simple fact far too late. Regardless of what kind of business you own, a handful of key employees can either make or break you. Sadly, businesses have been destroyed by employees that don’t care, or even worse, are actually working to undermine the business that employs them....Read Moreby Diane LoupeJune 11, 2019 Business Marketing, Business Valuation, Buyer Articles, Economic News, Seller Articles, Seller FAQ, Selling a business, Small Business0 comments