Blog
Increase Business Value: Your People
You’ve heard the term working on the business versus working in the business, or, said another way, moving into a business owner role versus a business operator. The business operator handles all the day-to-day operations while the business owner works outside of the business on its growth and vision.
How to Evaluate Businesses for Sale
Buying a business for sale is a great path to business ownership that insulates you from some of the risks that starting up a business can entail. However, there are a few characteristics an entrepreneur should evaluate when choosing a business to buy.
How to Avoid Deal Killers
You found a buyer for your business, they make a great offer, you accept, and everything should be smooth sailing after this, right? Many times, that is the case, but often sellers run into the dreaded “deal killer” before the sale can close. So, what is a Deal...
How to Find Businesses to Buy
So, you have decided that you want to buy a business. Maybe it was the new SBA incentives that attracted you, a friend that had recent success, or maybe you even heard about business buying opportunities on a podcast (like The Deal Board?) And now the search begins. I...
How Businesses are Valued
The number one question I am asked most often is, what is my business worth? It’s a question almost every business owner ponders at some time. Maybe it is in preparation to sell the business, raise capital, or just because they are curious. And most think that the...
An Explanation of How Businesses are Sold
An explanation of how businesses are sold including how the process works, who buys businesses, and how businesses are valued.