BEWARE – there are several unethical business brokers around trying to “buy” your business listing. What they will do is give you a market valuation for your business which far exceeds your expectations and also far exceeds what anyone would pay as high as $8,000 for advertising in a glossy magazine. Guess who prints & […]
When we meet with you we will usually talk a lot about Exit Planning and Succession Planning. WHY? We are convinced that all decisions you make in your business should be driven by your Exit Plan, which will often include a Succession Plan. This is because your Exit Plan will establish very clear goals to […]
Well, it’s probably not worth “what you want to pay off some debts, buy a new investment property or take a holiday on a cruise ship”. Your personal needs or goals do not impact the current value of your business – but if after receiving a free market appraisal you need more money ….let us […]
In today’s economy, the question of what business owners should do regarding retirement and succession planning is urgent and topical. Most business brokers will convince you to advertise to sell your business to “strangers”. That is becuase it is the easiest way of getting a business listing for them and getting a sale, although not […]
If you ask atraditional (old fashioned) business broker, the standard answer will be “lets just list it first, then we’ll find a buyer”. What they’re doing is operating like a residential real estate agent, and that’s plain dumb. Yes, a member of the public may buy your business, but first you need to consider: Management […]