Listing Agreement More than a piece of paper! A listing agreement is always required if you want to a business broker to sell your business. The listing agreement is more than a simple piece of paper and it's important that you recognize just how important it is...
Buyers, as part of their due diligence, usually employ accountants to check the numbers and attorneys to both look at legal issues and draft or review documents. Buyers may also bring in other professionals to look at the business’ operations. The prudent buyer is also...
In order to sell one's business using the services of a business broker, a listing agreement is almost always required. For the owner of the business, signing the agreement legally authorizes the sale of the business. This simple act of signing represents the end of ownership....
The initial response to the question in the title really should be: “Why do you want to know the value of your business?” This response is not intended to be flippant, but is a question that really needs to be answered. Does an owner need to...
Once a buyer has negotiated a deal and secured the necessary financing, he or she is ready for the due diligence phase of the sale. The serious buyer will have retained an accounting firm to verify inventory, accounts receivable and payables; and retained a law...
When Buying an Existing Business is Less Expensive Than Starting One Up Buying an existing business is often much less expensive than creating one from scratch. We have lots of examples that show this is the case, however every business scenario is different. It's important to...
[caption id="attachment_827" align="alignright" width="300"] Large gas station with 4,000 square foot convenience store - one of many available with at Auto-CStore-Gas@BuyBizUSA.[/caption] Buying a Gas Station with Convenience Store in Florida– a Brief Overview As part of our series on Small Business Investing – Turning Dreams Into Legacies,...
Buying Can Be the Best Way to Own a Business but Take a Close Look at the Tax Records. Unlike starting your own business from start-up or buying a franchise, buying an existing business usually gives the business buyer/ investor many distinct advantages such as...
Job Hunters - Consider Your Own Business. If you have been thinking about getting a new job, but have not found the right opportunity, consider owning your own business. One of the fastest ways to get an income producing business is to buy an existing...
What is SDE? SDE stands for Seller’s Discretionary Earnings. It is a less formal business valuation method. It is basically the Total Owner Benefit a business produces. Generally, it is used for evaluating businesses with gross annual sales that are under $1,000,000. For businesses over $1,000,000,...
