Gaining a Better Understanding of Leases

Leases

Leases can, and do, play a significant role in the buying or selling of businesses. It can be easy to overlook the topic of leases when focusing on the higher-profile particulars of a business. However, leases are a common feature…

What is Really in the Mind of Your Buyer?

What is Really in the Mind of Your Buyer?

It is always important to try and put yourself “in the other person’s shoes.” This fact is of paramount importance when dealing with prospective buyers. Thinking like a prospective buyer could, in fact, be the difference between selling your business…

Does Your Asking Price Truly Matter?

Asking price

It is no great secret that sellers often aim high. The logic sellers use is simple, “I can always reduce my price.” While that is true, sellers do need to remember that if the asking price is initially too high,…

What Are Your Company’s Weaknesses?

Weaknesses

Every company has weaknesses; the trick is to fix them. There is a saying that the test of a good company president or CEO is what happens to the company when he or she leaves. Some companies–on paper–may look the…

Be a Winning Seller: Good Negotiation is the Key

Negotiation

You’ve made the big decision to put your business on the market. Your reasons for selling are valid, carefully-considered, and “good” – the kind that won’t make a prospective buyer shy away. Now, you may tell yourself, comes the fun…

Points to Ponder for Sellers

points to ponder

Who best understands my business? When interviewing intermediaries to represent the sale of your firm, it is important that you discuss your decision process and the points to ponder for selecting one. Without this discussion, an intermediary can’t respond to…

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