Blog
Welcome to our Selling a business Section
By: Amy Luoma
Once you have made the decision to sell your business, you should take some time to think about possible buyer questions you may be asked. Potential buyers don’t know the business or the industry like you do, so their ability to ask detailed questions is the best way for them to determine whether or not …
Common Questions Business Sellers Should Be Ready to Answer Read More »
By: Amy Luoma
When selling most things, it’s common to broadcast it to as many people as possible to help generate the greatest amount of interest. This is the exact opposite approach that should be taken when selling a business. The business sale process should be kept extremely confidential. A lack of confidentiality when selling a business can …
Why Keeping the Sale of Your Business Confidential Is Important Read More »
By: Amy Luoma
When you are the owner of a business, it is always a good idea to be questioning what’s next, not just for the business, but for yourself as well. After thinking it over, you may realize that you want to sell your business. This decision is not an easy one, and you’re bound to have …
The Right Questions for Business Owners Thinking of Selling Read More »
By: Amy Luoma
Does this sound familiar to you? As a successful entrepreneur, you’ve never been someone who has struggled to make decisions. But when it comes to following through on selling your business, here you are, unable to fully commit.
By: Amy Luoma
When you visit your accountant, do they dread your visit? Buyers are more interested in businesses with a history of reliable financial performance with stable, growing revenue and earnings. Disorganized record keeping is the biggest barrier when it comes to selling a business.
By: Amy Luoma
Financing the purchase of a business can be a challenge. Working with experienced, local advisors who can help to creatively structure deals to implement alternatives that satisfy both buyers and sellers will help with the successful transaction of ownership.