Are You Asking a Reasonable Price for Your Privately Held Company?

Placing a price on a privately-held company is usually more complex than placing a value, or a price, on a publicly-held company. There are many reasons for this fact, but one of the top reasons is that privately-held companies don't have audited financial statements. Why are Audited Financial Statements Lacking in Privately-Held … [Read more...]

Examining the Mind of the Serious Buyer – 5 Points to Consider

Are you looking for a way to perfect your presentation? Understanding what the typical serious buyer wants will help you get your business ready for selling. Let's turn our attention to looking at what these types of individuals and entities really want. After all, your time is precious. 1. An Interest in the Industry First, prospective buyers … [Read more...]

Is Now the Right Time to Sell Your Company?

Like many things in life, timing can be everything when it comes to selling your company. Every day more and more baby-boomers are now reaching retirement age. Soon, the market will likely be flooded with companies looking to sell. According to a 2016 survey of business brokers, 54% plan to exit in the next ten years. We may be on the verge of … [Read more...]

If You’re Selling, Get Ready to Expect the Unexpected!

Many experts agree that the best time to prepare to sell your business is when you start your business. That may sound extreme. However, few business owners reach that level of preparedness. A simple fact of life and owning a business is that most sales are event-driven. Factors such as problems with a partnership, health issues, burnout or even … [Read more...]

Three Major Legal Mistakes to Avoid During a Sale

The business sale process can be complex, which is why it's best to have expert help from a business broker. Brokers can help you avoid costly legal mistakes which can bring the entire sale process to a sudden and complete halt. Let's take a closer look at what you can do to avoid these kinds of issues when selling your business. Major Mistake 1 … [Read more...]

Interested in Buying a Business? Check Out These 3 Commonly Overlooked Areas

When it comes to buying a business, nothing is more important than the factor of due diligence. For most people, this investment is the single largest financial decision that they will ever make. And with this important fact in mind, you'll want to leave absolutely no stone unturned. Let's examine the three most commonly overlooked areas when it … [Read more...]

UGA Small Business Development Experts To Speak Sept. 25

If you own or operate a Georgia business, you can get free confidential consulting services including helping with business plans, buying businesses and leasing space. Find out how on Sept. 25 when two experts with the University of Georgia's Small Business Development Center speak to the Georgia Association of Business Brokers. Area Director … [Read more...]

Advertising a Business for Sale Without Divulging Too Much

By Peter Siegel, MBA, Founder of BizBen.com A west coast businessman learned the hard way about revealing too much in a business for sale advertisement. According to an article written for BizBen, the seller thought it was important to give as much information in the ad as possible, so only people specifically interested in his business would … [Read more...]

All About Qualified Opportunity Funds – New Tax Tool Available To Defer and Possibly Eliminate Gains

By Andrew L. Moore, CPA Effective January 1, 2018 the Tax Cuts and Jobs Act established Federal Qualified Opportunity Zones (QOZs) with the goal of allowing large amounts of capital to flow into economically distressed area across the country. To promote capital investment in these Qualified Opportunity Zones, legislators included three … [Read more...]

5 Key Factors in Transferring Your Business to a Family Member

The odds are that you've put a great deal of yourself into your business. Inevitably, the day will come when you will walk away from your business and begin a new chapter of your life. You may be among the business owners who wants to transfer your business to a family member. Here are five key factors you'll want to consider when making this kind … [Read more...]