When real estate is owned by the business or business owner You own a business. You or the business also own the real estate used by the business. You do not have to include this real estate when selling your business. Retaining or selling the real...
You want to sell your business. Fast. And also get the best price for it, of course! Let’s start by what that really means. While six to twelve months is the average time to sell a business, selling time varies by business size, type, and market. Based on that...
Are you a business owner thinking about retiring or changing your career? Or maybe you’re at the other end of the spectrum, thinking about buying a small or medium-sized business. I was recently interviewed on the subject of buying and selling a business by Norman Jack...
Six weeks ago you lost your job. So far, all your leads have been dead ends and you're starting to get nervous. You did get a package, but it's not going to last forever. Maybe it's time to go into business for yourself, provide your own...
The recession has thrown many business owners off track, leaving them unsure and unequipped, akin to driving in an unfamiliar area without a GPS or map or navigating the wilderness without a compass. For many who've lost 25% to 50% of their savings in the market,...
In part one of this post, we explored how business brokers bring buyers and and sellers together, providing the all-important expertise to bring the deal to a conclusion that works for both. Here are some takeaway points specific to each party. Some points for business buyers There...
Nike's “just do it” slogan has become part of our popular culture. As business brokers, though, we'd want to add another word: just do it right! Dealing with and overcoming challenges is almost second nature for most small business owners. They know how to build and...
If his hockey career hadn't taken off, Wayne Gretzky might have made a good living as a business broker. Given his track record and most quoted sayings, he definitely had some of the attributes. Consider the traits these quotes of his reveal: I skate to where...
Have you a dream of owning your own business with an income that will support you and your family the way you want. Or have you reached a point in your life where you're ready to sell your business, providing you're able to leave it...