Plan Your Exit An exit strategy involves developing a plan for passing on responsibility for running the company, transferring ownership and extracting your equity. Since a stable business is worth more than an unstable one, creating a seamless transition is essential to maximize your investment. This requires planning while the company is in good economic…
The value of a business for sale is determined by a compilation of factors, such as the company’s sales, earnings, performance, market outlook, personnel, net book value and fair market replacement value of equivalent operating assets. It can also be influenced by intangible assets like the company’s image, reputation and goodwill. Understanding the differences between…
Questions & Answers Our Business Brokers Often Come Across How long does it take to sell my business? It generally takes, on average, between five to eight months to sell most businesses. Keep in mind that an average is just that. Some businesses will take longer to sell, while others will sell in a shorter…
Preparing Your Business for Sale According to industry statistics, you’ll see the average small business for sale every five years. One of the primary goals most business owners have in mind is to sell their business one day and to “cash in” for all of their hard work, sleepless nights, and stress they’ve endured as…
