Resources

Pros and Cons of Buying a Franchise

Pros and Cons of Buying a Franchise

If you are looking to start a new business, you may be pondering whether to start fresh, or look for a chance to take over an existing operation. There are a number of reasons why taking the reins of a previously existing business may be the best option. But what...

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Brokers Can Give Sellers a Marketing Edge

Brokers Can Give Sellers a Marketing Edge

A business broker is a trained professional who helps people buy and sell businesses. Brokers are useful in the standard practices needed to sell a business, such as gathering the proper documents, estimating the value of a business, and connecting sellers to...

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The Value of Business Valuation

The Value of Business Valuation

Value is more than numbers, as any business owner can tell you, and the process for determining the worth of that business is an act that is equal parts skill and art. Assessing the value of a business or business unit, known as a business valuation, is a tool used to...

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Five Traits That Signal a Business is Ready to Sell

Five Traits That Signal a Business is Ready to Sell

If you are ready to sell your business and have started the process, you may be asking, "what next?" You may have taken these common actions: Assemble legal and financial help Hire a successful business broker Set a realistic asking price Create a digital presence...

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Mistakes to Avoid During a Business Sale

Mistakes to Avoid During a Business Sale

Everyone makes mistakes. Some are easy to avoid; others can be harder to pinpoint. With all the intricacies involved in selling a business, it’s easy to make mistakes that may cost you big in the end. Avoiding them starts with knowing them and ends with taking the...

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Is the Cost of Hiring a Broker Worth it?

Is the Cost of Hiring a Broker Worth it?

If you are thinking of selling your business, you may be pondering whether paying a professional business broker is worth it. Finding the right business broker, it turns out, is valuable.  Not only do brokers provide expertise to the sale process, but they...

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