Sell A Business

The formula for valuing a business is relatively simple: a business’s value equals its assets minus its liabilities. Your business assets include anything that has a value that can be converted to cash – real estate, equipment, inventory, etc. Liabilities include business debts – commercial mortgages, bank loans, etc.

To obtain a truly accurate valuation, you will need to seek the assistance of brokers who sell businesses.

Buying a business is usually more expensive upfront than starting one. However, most buyers find it easier to secure financing for acquiring a business than for starting one. Lenders and investors are typically more comfortable financing a business with a proven track record, as opposed to a startup with no history.

If you want to find a company that’s for sale, start by talking to a broker who sells businesses – likely one within the industry you hope to invest in. They will be able to connect you with qualified business owners selling profitable companies.

A broker assists in smooth business selling and buying. They help companies secure a favorable price, submit all of the necessary paperwork, and handle any licensing or permitting requirements.

A business is worth all of its assets minus its liabilities. To learn what your business is worth, you’ll need to work with an accredited broker who can conduct a full valuation, rather than just provide a rough estimate.

Selling businesses can be time-consuming and fraught with many potential complications. That is why we highly recommend contacting an experienced broker to learn the necessary steps for selling your company. You might not have sold a business before, but a broker has – and they can provide you with valuable advice as you start the process.

If you want to sell a business quickly, you’ll need to have all of your records organized and a plan in place. Start by contacting a business broker who can help you rapidly identify prospective buyers, conduct due diligence, and finalize the sale.

The best way to find a qualified buyer for your small business is to work with a business broker – specifically one who has experience in your market. They will be able to connect you with buyers who have the money and experience to close a deal.

Yes, buyers can finance a business purchase with a full loan from a variety of lenders, including traditional banks, online lenders, and the Small Business Administration (SBA).

Yes, there are many ways to purchase a business. Most commonly, buyers will seek an SBA loan and seller financing, but there are also other options to help such as equipment loans.

Many things can increase the value of a business – good financials, strong marketing plants, well-trained managers, multiple streams of income, and talented employees, to name a few. However, many things can harm a business’s value – poor financial records, minimal product or service offerings, outstanding debts, etc.

To increase the value of your business, start by hiring a broker. Working with an experienced business broker can help you identify areas for improvement, as well as strengths that you should showcase to potential buyers.

A Broker Opinion of Value (BOV) or another kind of business valuation typically lasts for a few months, although it can extend beyond a year if circumstances have not changed.

During times of uncertainty, such as during the coronavirus, risks for investors are increased. Therefore, when a business is valued, potential buyers are looking for higher rates of return. Brokers conducting valuations will need to not only assess current rates of returns but also do their best to make predictions for the future – despite the uncertainty.

The pandemic disrupted nearly every industry, changing plans for millions of businesses and their owners. As a result, valuations are now different than they were years ago. COVID-19 dramatically impacted the predictability of a business’s future benefit stream and investors’ rates of return, which factors into the business’s total worth.

Yes. In fact, it is typically a better choice to sell than it is to close. Selling businesses that are already closed can also help owners recuperate the full value of their assets.

Yes. In fact, it is typically a better choice to sell than it is to close. Selling businesses that are already closed can also help owners recuperate the full value of their assets.