From 2008 until 2012, the door was closed for almost all small closely held business exits. Especially in ’08, ’09 and ’10, very few people (and no lenders) were willing to take on the risk of a business purchase. Beginning in 2012, the market began to show signs of life. Since then the market has […]
How the Wrong Asking Price Can Kill Business Salability Read More »
For most small business owners, day-to-day business operations are their biggest source of stress. They feel like jugglers, always keeping balls in the air and dealing with customer, vendor, and employee issues. You can reduce the stress from your small business by focusing on the answer to this question: Do I own a business or
Do You Own a Business or a Job? or How to Reduce Small Business Stress Read More »
There are many ways to estimate the value of a closely held business, and they all seem complicated. But, in reality, the process isn’t much different than pricing a used car. Figuring out a price for a car is fairly simple. First, keeping in mind the price that was originally paid for the car and
3 Ways to Assess the Value of Your Business Read More »
After you’ve estimated the value of your business, settled on a reasonable price range, and put the sale process in motion, there are proactive steps you can take to make sure that the sale is as successful as possible. From an objective point of view success means simply closing the sale. But from a subjective
How to Leverage the Type of Buyer to Maximize Business Value Read More »
