Evaluating a Business for Sale - What to Ask the Owner
Posted on April 7th, 2021
Learn the types of questions to ask when considering buying a business. They should be specific and give you a clear picture of what the business has to offer.
Learn the types of questions to ask when considering buying a business. They should be specific and give you a clear picture of what the business has to offer.
Years ago, when we were marketing a business for sale, we used to include a short note about why the business wasn’t transitioning to the owner’s kids. After all, if it’s such a great opportunity, why don’t the kids want it, right?
Any business owner contemplating an exit in the next few years should consider how potential tax changes could reduce their net proceeds from a sale. If Biden’s tax plans come to fruition, the capital gains tax rate could effectively double, from 20% to 39.6% for income exceeding $1 million
Learn more about what to look for in the financial documents when valuing a small business in order to determine its earning potential for you in the future!
As part of the Economic Aid Act that passed in December, the Small Business Administration will make borrowers’ payments for six months on new SBA 7(a) and 504 real estate and micro-loan programs.
If you’re considering selling your small business, review these documents and information. Preparing solid financials will help determine a fair asking price.
One year ago, buyers were looking for talent. Every company we talked to was up against the same problem – there was so much opportunity to be had, but none of the employees to make it happen. It’s amazing how much can change in year.
If you’re considering selling your small business, review these documents and information. Preparing solid financials will help determine a fair asking price.
On December 27, 2020, the Consolidated Appropriations Act, 2021 (HR 133) was signed into law by President Trump. This $2.3 trillion spending bill combines a $1.4 trillion Omnibus appropriations bill for the 2021 fiscal year and $900 billion for COVID-19 relief in the United States
Many small business owners fixate on the day-by-day tasks of their organizations, an amazing number don't have an exact comprehension of their business worth. That is because conventional business valuation requires the small business owners to contribute a lot of time, exertion, and are expensive. With high-cost business valuations, small business owners are in a tough position: choosing to put resources into a valuation or utilizing those assets for their everyday tasks. Confronted with that choice, most small business owners pick "not knowing."